MBA Advisors LLC Takes Position in British American Tobacco p.l.c. (NYSE:BTI)

MBA Advisors LLC bought a new position in British American Tobacco p.l.c. (NYSE:BTI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 5,650 shares of the company’s stock, valued at approximately $205,000.

Several other institutional investors also recently bought and sold shares of the business. Oppenheimer Asset Management Inc. boosted its stake in British American Tobacco by 35.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock worth $7,599,000 after buying an additional 54,555 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of British American Tobacco by 45.3% in the fourth quarter. SG Americas Securities LLC now owns 46,286 shares of the company’s stock worth $1,681,000 after acquiring an additional 14,432 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in British American Tobacco by 25.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company’s stock valued at $4,824,000 after purchasing an additional 26,863 shares during the period. Cerity Partners LLC increased its position in British American Tobacco by 89.6% during the third quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock worth $2,419,000 after purchasing an additional 31,250 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of British American Tobacco by 3,153.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock valued at $20,927,000 after purchasing an additional 554,491 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on BTI shares. Barclays raised British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

British American Tobacco Price Performance

BTI opened at $41.76 on Monday. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $41.79. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $37.47 and a 200 day simple moving average of $36.74.

British American Tobacco Company Profile

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.