Mutual Advisors LLC Takes $283,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

Mutual Advisors LLC purchased a new stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,877 shares of the company's stock, valued at approximately $283,000.

Other institutional investors have also modified their holdings of the company. Versant Capital Management Inc acquired a new stake in British American Tobacco in the fourth quarter valued at $34,000. ORG Partners LLC increased its holdings in shares of British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock worth $42,000 after acquiring an additional 299 shares during the last quarter. Kieckhefer Group LLC bought a new stake in British American Tobacco in the 4th quarter valued at $44,000. Creative Financial Designs Inc. ADV lifted 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 valued at $45,000 after purchasing an additional 753 shares during the last quarter. Finally, Continuum Advisory LLC increased its holdings 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 valued at $48,000 after purchasing an additional 748 shares during the last quarter. Institutional investors own 16.16% of the company's stock.

Analysts Set New Price Targets

BTI has been the topic of several research reports. Morgan Stanley downgraded shares of British American Tobacco from an "overweight" rating to an "underweight" rating and set a $33.00 price target on the stock. in a research note on Thursday, October 3rd. Barclays upgraded shares of British American Tobacco to a "strong-buy" rating in a research report on Thursday, October 17th. UBS Group raised shares of British American Tobacco from a "neutral" rating to a "buy" rating in a research note on Monday. Finally, StockNews.com lowered British American Tobacco from a "buy" rating to a "hold" rating in a research report on Tuesday, November 12th.

British American Tobacco Trading Up 0.2 %

Shares of NYSE BTI traded up $0.08 during midday trading on Wednesday, reaching $39.25. The company's stock had a trading volume of 3,331,342 shares, compared to its average volume of 4,478,252. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.70. The firm has a 50 day moving average price of $37.01 and a 200-day moving average price of $36.34. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58.

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.