Union Bancaire Privee UBP SA acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 2,135 shares of the company’s stock, valued at approximately $77,000.
A number of other large investors have also recently made changes to their positions in the company. Versant Capital Management Inc purchased a new stake in shares of British American Tobacco in the 4th quarter valued at approximately $34,000. ORG Partners LLC increased its holdings in British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after buying an additional 299 shares during the last quarter. Kieckhefer Group LLC purchased a new stake in British American Tobacco during the 4th quarter worth about $44,000. Creative Financial Designs Inc. ADV boosted its position in shares of 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 acquiring an additional 753 shares in the last quarter. Finally, Continuum Advisory LLC raised its position in shares of British American Tobacco by 122.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock worth $48,000 after acquiring an additional 748 shares in the last quarter. 16.16% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have weighed in on BTI shares. Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective on the stock. in a report on Thursday, October 3rd. Barclays raised shares of 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 report on Tuesday, November 12th. Finally, UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday.
British American Tobacco Stock Performance
Shares of NYSE:BTI opened at $39.25 on Thursday. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.70. The firm has a fifty day moving average price of $37.01 and a 200 day moving average price of $36.34.
British American Tobacco 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.
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