Edmp Inc. Invests $219,000 in British American Tobacco p.l.c. (NYSE:BTI)

Edmp Inc. acquired a new position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,016 shares of the company's stock, valued at approximately $219,000.

Several other large investors also recently added to or reduced their stakes in the business. FMR LLC boosted its position in shares of British American Tobacco by 67.7% in the third quarter. FMR LLC now owns 7,105,356 shares of the company's stock worth $259,914,000 after purchasing an additional 2,868,675 shares during the period. Natixis Advisors LLC increased its stake in British American Tobacco by 7.7% in the 3rd quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company's stock worth $105,111,000 after buying an additional 206,117 shares in the last quarter. Public Employees Retirement System of Ohio bought a new stake in British American Tobacco during the third quarter valued at about $28,183,000. Bridgewater Associates LP purchased a new stake in British American Tobacco during the 3rd quarter valued at approximately $27,118,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in British American Tobacco by 3,153.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company's stock valued at $20,927,000 after acquiring an additional 554,491 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Stock Up 0.5 %

NYSE BTI traded up $0.21 during trading on Tuesday, hitting $42.51. The stock had a trading volume of 5,917,559 shares, compared to its average volume of 4,432,235. The stock has a 50 day simple moving average of $37.56 and a 200 day simple moving average of $36.81. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.54. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BTI shares. Barclays raised British American Tobacco to a "strong-buy" rating in a report on Thursday, October 17th. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a report on Monday, January 27th. Finally, StockNews.com downgraded British American Tobacco from a "buy" rating to a "hold" rating in a research report on Tuesday, November 12th.

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.