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BAT doubles down on guidance as non-tobacco profitability grows

Published on December 16, 2024
Virtu Financial LLC recently acquired a 3.74 million position in British American Tobacco p.l.c. (NYSE:BTI) shares, while Stifel Financial Corp sold some of its BTI shares. This comes as BAT reaffirms its guidance and focuses on increasing its non-tobacco profitability. Point72 Asset Management L.P. has also acquired shares in BTI, while Kovitz Investment Group Partners LLC has reduced its stock position. To get professional insights and forecasts on the movement of BTI shares, consider consulting experts at Stocks Prognosis.

Investor opinions & comments

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J

JuliaStanley

December 20, 2024 at 06:11

I'm not sure if BAT's reaffirmed guidance will be enough to restore investor confidence

Z

ZoeRoss

December 19, 2024 at 01:27

I'm interested to see how BAT's focus on non-tobacco profitability will affect their overall performance

M

MoneyMonique

December 19, 2024 at 01:12

I'm optimistic about the future prospects of BTI shares, especially with acquisitions by Virtu Financial LLC and Point72 Asset Management L.P

W

WealthyWhitney

December 18, 2024 at 20:07

I'm skeptical about the outlook for BTI shares given the recent sale of shares by Stifel Financial Corp

P

ProfitPam

December 18, 2024 at 18:16

I'm not convinced that focusing on non-tobacco profitability will be enough to offset the decline in the tobacco industry

W

WealthyWhitney

December 18, 2024 at 17:47

I wonder what specific strategies BAT has in place to increase their non-tobacco profitability

O

OwenSullivan

December 18, 2024 at 03:09

It's great to see BAT doubling down on their guidance and focusing on increasing their non-tobacco profitability

M

MadisonReyes

December 17, 2024 at 05:59

I'm curious to know how BAT's acquisition of BTI shares will impact their overall portfolio