British American Tobacco p.l.c. (NYSE:BTI) Stake Lessened by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. decreased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 368,086 shares of the company’s stock after selling 3,985 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in British American Tobacco were worth $13,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of BTI. FMR LLC boosted its position in British American Tobacco by 67.7% during the third quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after purchasing an additional 2,868,675 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of British American Tobacco by 7.7% during the 3rd quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company’s stock valued at $105,111,000 after purchasing an additional 206,117 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in British American Tobacco in the third quarter worth $28,183,000. Bridgewater Associates LP acquired a new position in British American Tobacco during the third quarter worth $27,118,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in British American Tobacco by 3,153.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock valued at $20,927,000 after buying an additional 554,491 shares in the last quarter. 16.16% of the stock is owned by hedge funds and other institutional investors.

British American Tobacco Stock Performance

British American Tobacco stock opened at $39.64 on Monday. The business’s 50-day simple moving average is $37.15 and its 200 day simple moving average is $36.47. 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 12-month low of $28.25 and a 12-month high of $39.85.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th. Finally, Barclays raised British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th.

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.