Fourpath Capital Management LLC Sells 12,732 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Fourpath Capital Management LLC lowered its position in British American Tobacco p.l.c. (NYSE:BTI) by 67.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,229 shares of the company’s stock after selling 12,732 shares during the period. Fourpath Capital Management LLC’s holdings in British American Tobacco were worth $226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc acquired a new stake in British American Tobacco in the 4th quarter valued at $34,000. ORG Partners LLC increased its position in shares of British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after acquiring an additional 299 shares in the last quarter. Kieckhefer Group LLC acquired a new position in British American Tobacco during the 4th quarter valued at about $44,000. Creative Financial Designs Inc. ADV increased its holdings in British American Tobacco by 153.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after purchasing an additional 753 shares in the last quarter. Finally, Continuum Advisory LLC lifted its holdings in shares of British American Tobacco by 122.8% in the third quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after purchasing an additional 748 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Up 1.2 %

NYSE BTI opened at $40.22 on Wednesday. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $40.25. The business’s fifty day moving average is $37.20 and its 200-day moving average is $36.54. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

BTI has been the topic of several recent analyst reports. Barclays upgraded British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th. Finally, StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.