British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by Adams Asset Advisors LLC

Adams Asset Advisors LLC grew its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 410,516 shares of the company’s stock after acquiring an additional 16,992 shares during the quarter. British American Tobacco comprises 1.9% of Adams Asset Advisors LLC’s holdings, making the stock its 7th largest holding. Adams Asset Advisors LLC’s holdings in British American Tobacco were worth $14,910,000 at the end of the most recent reporting period.

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 fourth quarter valued at about $34,000. ORG Partners LLC increased its stake in British American Tobacco by 35.1% in the 4th 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 position in shares of British American Tobacco in the 4th quarter worth approximately $44,000. Creative Financial Designs Inc. ADV increased its position in shares of British American Tobacco by 153.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after acquiring an additional 753 shares during the last quarter. Finally, Continuum Advisory LLC lifted its holdings in British American Tobacco by 122.8% during the third quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock worth $48,000 after acquiring an additional 748 shares during the period. 16.16% of the stock is owned by institutional investors.

British American Tobacco Price Performance

British American Tobacco stock traded down $0.66 during mid-day trading on Monday, hitting $35.24. 5,461,561 shares of the company traded hands, compared to its average volume of 2,997,214. The stock has a fifty day moving average price of $36.73 and a 200-day moving average price of $35.90. The stock has a market cap of $77.87 billion, a price-to-earnings ratio of 7.36 and a beta of 0.52. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $39.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88.

Analyst Upgrades and Downgrades

BTI has been the topic of a number of research reports. StockNews.com cut shares of British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Morgan Stanley lowered British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective for the company. in a report on Thursday, October 3rd. Finally, Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th.

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.