British American Tobacco p.l.c. (NYSE:BTI) Holdings Boosted by Kize Capital LP

Kize Capital LP raised its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 12.9% in the third quarter, Holdings Channel reports. The institutional investor owned 395,000 shares of the company’s stock after acquiring an additional 45,000 shares during the period. British American Tobacco comprises about 16.9% of Kize Capital LP’s portfolio, making the stock its 3rd biggest holding. Kize Capital LP’s holdings in British American Tobacco were worth $14,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Mather Group LLC. grew its stake in shares of British American Tobacco by 4,526.9% during the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock valued at $37,000 after acquiring an additional 1,177 shares during the period. Addison Advisors LLC increased its stake in shares of British American Tobacco by 79.9% in the second quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock worth $38,000 after purchasing an additional 545 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of 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 buying an additional 753 shares in the last quarter. Pathway Financial Advisers LLC bought a new position in British American Tobacco in the 1st quarter worth $46,000. Finally, Bruce G. Allen Investments LLC lifted its position in shares of British American Tobacco by 320.9% in the third quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company’s stock valued at $65,000 after acquiring an additional 1,351 shares in the last quarter. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Trading Up 1.0 %

NYSE BTI opened at $37.71 on Wednesday. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54. The business has a 50 day simple moving average of $35.90 and a two-hundred day simple moving average of $34.52. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BTI. StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price for the company. in a research report on Thursday, October 3rd.

British American Tobacco 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.