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

Sanctuary Advisors LLC decreased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 17.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 87,447 shares of the company's stock after selling 18,716 shares during the quarter. Sanctuary Advisors LLC's holdings in British American Tobacco were worth $3,269,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Stock Yards Bank & Trust Co. acquired a new stake in British American Tobacco in the 3rd quarter valued at approximately $219,000. Sculati Wealth Management LLC grew its stake in shares of British American Tobacco by 52.1% in the third quarter. Sculati Wealth Management LLC now owns 19,490 shares of the company's stock valued at $713,000 after buying an additional 6,680 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of British American Tobacco in the 3rd quarter valued at $3,742,000. Bard Financial Services Inc. lifted its stake in British American Tobacco by 49.5% during the 3rd quarter. Bard Financial Services Inc. now owns 94,209 shares of the company's stock worth $3,446,000 after acquiring an additional 31,174 shares in the last quarter. Finally, McIlrath & Eck LLC grew its position in British American Tobacco by 614.8% in the 3rd quarter. McIlrath & Eck LLC now owns 2,173 shares of the company's stock valued at $79,000 after acquiring an additional 1,869 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on BTI. 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 note on Thursday, October 3rd. Barclays upgraded shares of British American Tobacco to a "strong-buy" rating in a research note on Thursday, October 17th. Finally, StockNews.com cut British American Tobacco from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th.

British American Tobacco Stock Down 0.9 %

NYSE:BTI traded down $0.35 during mid-day trading on Tuesday, hitting $37.29. The stock had a trading volume of 3,540,246 shares, compared to its average volume of 4,712,191. 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 twelve month low of $28.25 and a twelve month high of $39.54. The company has a market capitalization of $77.55 billion, a PE ratio of 7.86 and a beta of 0.53. The stock has a 50-day simple moving average of $36.13 and a two-hundred day simple moving average of $35.18.

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.