Creative Planning Has $5.26 Million Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Creative Planning raised its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 32.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 143,916 shares of the company's stock after acquiring an additional 35,661 shares during the period. Creative Planning's holdings in British American Tobacco were worth $5,264,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Capital World Investors raised its holdings in British American Tobacco by 0.4% during the first quarter. Capital World Investors now owns 3,836,365 shares of the company's stock worth $117,009,000 after acquiring an additional 13,643 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of British American Tobacco by 29.9% during the 2nd quarter. Natixis Advisors LLC now owns 2,667,339 shares of the company's stock worth $82,501,000 after purchasing an additional 614,634 shares in the last quarter. Raymond James & Associates grew its stake in shares of British American Tobacco by 1.9% in the second quarter. Raymond James & Associates now owns 2,279,765 shares of the company's stock valued at $70,513,000 after buying an additional 43,006 shares in the last quarter. First Eagle Investment Management LLC increased its holdings in British American Tobacco by 7.9% during the second quarter. First Eagle Investment Management LLC now owns 779,478 shares of the company's stock worth $24,109,000 after buying an additional 57,016 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in British American Tobacco by 25.0% during the first quarter. Osaic Holdings Inc. now owns 487,983 shares of the company's stock worth $14,887,000 after acquiring an additional 97,556 shares in the last quarter. 21.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on BTI shares. Morgan Stanley lowered 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 note on Thursday, October 3rd. StockNews.com lowered British American Tobacco from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 11th. Finally, Barclays raised British American Tobacco to a "strong-buy" rating in a report on Thursday, October 17th.

British American Tobacco Stock Performance

NYSE BTI traded down $0.18 on Friday, reaching $34.47. The stock had a trading volume of 2,609,600 shares, compared to its average volume of 4,806,419. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The company has a market cap of $76.56 billion, a P/E ratio of 7.14 and a beta of 0.52. The firm has a fifty day moving average of $36.78 and a two-hundred day moving average of $33.44.

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.