British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC lessened its stake in British American Tobacco p.l.c. (NYSE:BTI) by 1.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,365 shares of the company’s stock after selling 795 shares during the quarter. Uncommon Cents Investing LLC’s holdings in British American Tobacco were worth $2,120,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in BTI. Versant Capital Management Inc acquired a new position in shares of British American Tobacco during the 4th quarter worth about $34,000. ORG Partners LLC raised its holdings 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 valued at $42,000 after acquiring an additional 299 shares during the last quarter. Kieckhefer Group LLC purchased a new position in shares of British American Tobacco in the fourth quarter valued at approximately $44,000. Creative Financial Designs Inc. ADV boosted its stake in shares of British American Tobacco by 153.7% in the third 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 during the last quarter. Finally, Continuum Advisory LLC raised its stake in British American Tobacco by 122.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after purchasing an additional 748 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Trading Up 1.2 %

NYSE BTI opened at $36.32 on Monday. The business’s fifty day simple moving average is $36.77 and its 200-day simple moving average is $36.03. 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 52 week low of $28.25 and a 52 week high of $39.54.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on BTI shares. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective for the company. in a research note on Thursday, October 3rd. 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.

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.