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

Natixis Advisors LLC boosted its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 7.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,873,456 shares of the company's stock after acquiring an additional 206,117 shares during the quarter. Natixis Advisors LLC owned 0.13% of British American Tobacco worth $105,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BTI. Mather Group LLC. lifted its position in British American Tobacco by 4,526.9% during the second quarter. Mather Group LLC. now owns 1,203 shares of the company's stock valued at $37,000 after buying an additional 1,177 shares in the last quarter. Addison Advisors LLC boosted its position in British American Tobacco by 79.9% during the 2nd quarter. Addison Advisors LLC now owns 1,227 shares of the company's stock worth $38,000 after purchasing an additional 545 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in British American Tobacco by 153.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company's stock valued at $45,000 after purchasing an additional 753 shares in the last quarter. Pathway Financial Advisers LLC purchased a new position in British American Tobacco in the first quarter valued at about $46,000. Finally, Bruce G. Allen Investments LLC boosted its position in shares of British American Tobacco by 320.9% in the third quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company's stock worth $65,000 after buying an additional 1,351 shares during the period. 21.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently commented on BTI shares. StockNews.com lowered British American Tobacco from a "buy" rating to a "hold" rating in a research report on Tuesday. Morgan Stanley downgraded shares of British American Tobacco from an "overweight" rating to an "underweight" rating and set a $33.00 target price for the company. in a research note on Thursday, October 3rd. Finally, Barclays raised shares of British American Tobacco to a "strong-buy" rating in a research note on Thursday, October 17th.

British American Tobacco Price Performance

NYSE BTI traded up $0.90 during mid-day trading on Friday, reaching $36.39. 8,648,777 shares of the company's stock traded hands, compared to its average volume of 4,797,784. The company has a fifty day simple moving average of $36.16 and a 200-day simple moving average of $34.11. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58.

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.