Caprock Group LLC Purchases New Position in British American Tobacco p.l.c. (NYSE:BTI)

Caprock Group LLC acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,239 shares of the company's stock, valued at approximately $1,428,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. grew its holdings in British American Tobacco by 4,526.9% during the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company's stock worth $37,000 after acquiring an additional 1,177 shares during the period. Addison Advisors LLC grew its holdings 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 acquiring an additional 545 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in British American Tobacco by 153.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company's stock worth $45,000 after acquiring an additional 753 shares during the period. Pathway Financial Advisers LLC acquired a new stake in British American Tobacco during the 1st quarter worth about $46,000. Finally, Bruce G. Allen Investments LLC grew its holdings in British American Tobacco by 320.9% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company's stock worth $65,000 after acquiring 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

A number of research firms have recently issued reports on BTI. Barclays raised shares of British American Tobacco to a "strong-buy" rating in a research report on Thursday, October 17th. Morgan Stanley cut shares of British American Tobacco from an "overweight" rating to an "underweight" rating and set a $33.00 price objective on the stock. in a research report on Thursday, October 3rd. Finally, StockNews.com cut shares of British American Tobacco from a "buy" rating to a "hold" rating in a research report on Tuesday, November 12th.

British American Tobacco Trading Up 0.4 %

Shares of NYSE BTI opened at $37.08 on Thursday. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The firm's 50-day simple moving average is $36.02 and its 200 day simple moving average is $34.29.

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.