StockNews.com Upgrades British American Tobacco (NYSE:BTI) to Buy

British American Tobacco (NYSE:BTI - Get Free Report) was upgraded by StockNews.com from a "hold" rating to a "buy" rating in a report released on Monday.

Separately, 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 Stock Performance

Shares of British American Tobacco stock traded down $0.76 during trading hours on Monday, reaching $37.80. The company's stock had a trading volume of 7,595,973 shares, compared to its average volume of 4,865,762. British American Tobacco has a one year low of $28.25 and a one year high of $42.74. The stock's fifty day simple moving average is $37.89 and its two-hundred day simple moving average is $37.02. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65.

Institutional Investors Weigh In On British American Tobacco

Hedge funds have recently bought and sold shares of the stock. Sound View Wealth Advisors Group LLC lifted its holdings in shares of British American Tobacco by 3.0% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 8,904 shares of the company's stock worth $323,000 after acquiring an additional 258 shares during the last quarter. Keystone Financial Group increased its position in British American Tobacco by 1.5% during the 4th quarter. Keystone Financial Group now owns 17,695 shares of the company's stock valued at $643,000 after purchasing an additional 267 shares during the period. Stokes Family Office LLC increased its position in British American Tobacco by 1.9% during the 4th quarter. Stokes Family Office LLC now owns 14,697 shares of the company's stock valued at $534,000 after purchasing an additional 269 shares during the period. Key Client Fiduciary Advisors LLC grew its position in shares of British American Tobacco by 2.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company's stock worth $547,000 after buying an additional 295 shares during the period. Finally, ORG Partners LLC grew its position in shares of British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock worth $42,000 after buying an additional 299 shares during the period. 16.16% of the stock is currently owned by institutional investors.

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.