British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Stephens Inc. AR

Stephens Inc. AR trimmed its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,135 shares of the company’s stock after selling 2,774 shares during the period. Stephens Inc. AR’s holdings in British American Tobacco were worth $3,092,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in BTI. Versant Capital Management Inc acquired a new position in shares of British American Tobacco in the 4th quarter worth $34,000. ORG Partners LLC increased its stake in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares in the last quarter. Kieckhefer Group LLC acquired a new stake in British American Tobacco during the 4th quarter worth about $44,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of British American Tobacco by 153.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after buying an additional 753 shares during the period. Finally, Continuum Advisory LLC increased its position 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 worth $48,000 after acquiring an additional 748 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

Analyst Ratings Changes

BTI has been the topic of several research analyst reports. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

British American Tobacco Trading Up 0.5 %

Shares of NYSE:BTI opened at $42.51 on Wednesday. The firm has a fifty day moving average of $37.56 and a two-hundred day moving average of $36.81. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $42.54.

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.