British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC lessened its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,365 shares of the company’s stock after selling 795 shares during the period. Uncommon Cents Investing LLC’s holdings in British American Tobacco were worth $2,120,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. FMR LLC boosted its position in shares of British American Tobacco by 67.7% during the 3rd 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 raised its position 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 valued at $105,111,000 after purchasing an additional 206,117 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in British American Tobacco in the third quarter worth approximately $28,183,000. Bridgewater Associates LP purchased a new stake in shares of British American Tobacco during the 3rd quarter worth $27,118,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of British American Tobacco by 3,153.0% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock worth $20,927,000 after acquiring an additional 554,491 shares in the last quarter. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BTI has been the topic of several research analyst reports. Morgan Stanley lowered 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. StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Barclays raised British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th.

British American Tobacco Trading Up 1.2 %

Shares of BTI opened at $36.32 on Monday. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54. The firm has a 50-day simple moving average of $36.77 and a 200-day simple moving average of $36.03. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60.

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.