Adams Asset Advisors LLC Has $14.91 Million Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Adams Asset Advisors LLC increased its stake in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 410,516 shares of the company's stock after buying an additional 16,992 shares during the period. British American Tobacco comprises about 1.9% of Adams Asset Advisors LLC's holdings, making the stock its 7th biggest position. Adams Asset Advisors LLC's holdings in British American Tobacco were worth $14,910,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in BTI. Versant Capital Management Inc purchased a new position in shares of British American Tobacco in the fourth quarter worth about $34,000. ORG Partners LLC increased its stake in shares of British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company's stock worth $42,000 after purchasing an additional 299 shares in the last quarter. Kieckhefer Group LLC purchased a new position in shares of British American Tobacco in the fourth quarter worth about $44,000. Creative Financial Designs Inc. ADV increased 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 purchasing an additional 753 shares in the last quarter. Finally, Continuum Advisory LLC increased its stake in shares of British American Tobacco by 122.8% in the third quarter. Continuum Advisory LLC now owns 1,357 shares of the company's stock worth $48,000 after purchasing an additional 748 shares in the last quarter. Hedge funds and other institutional investors own 16.16% of the company's stock.

Wall Street Analysts Forecast Growth

BTI has been the subject of several recent research reports. StockNews.com downgraded shares of British American Tobacco from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Barclays upgraded shares of British American Tobacco to a "strong-buy" rating in a research report on Thursday, October 17th. Finally, Morgan Stanley lowered 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 report on Thursday, October 3rd.

British American Tobacco Price Performance

Shares of BTI stock traded down $0.58 during trading hours on Monday, reaching $35.32. The stock had a trading volume of 11,311,192 shares, compared to its average volume of 3,669,584. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $39.54. The firm has a market capitalization of $78.04 billion, a PE ratio of 7.37 and a beta of 0.52. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The stock's fifty day simple moving average is $36.73 and its 200 day simple moving average is $35.90.

About British American Tobacco

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.