Blue Trust Inc. Purchases 4,407 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Blue Trust Inc. grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 18.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,962 shares of the company’s stock after purchasing an additional 4,407 shares during the quarter. Blue Trust Inc.’s holdings in British American Tobacco were worth $1,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Versant Capital Management Inc bought a new position in shares of British American Tobacco in the fourth quarter worth approximately $34,000. ORG Partners LLC boosted its position in shares of British American Tobacco by 35.1% during the fourth 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 position in shares of British American Tobacco during the fourth quarter worth $44,000. Creative Financial Designs Inc. ADV boosted its position in shares of British American Tobacco by 153.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after acquiring an additional 753 shares during the last quarter. Finally, Continuum Advisory LLC boosted its position in shares of British American Tobacco by 122.8% during 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 during the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Stock Performance

BTI stock opened at $39.18 on Wednesday. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $39.70. The firm’s 50-day moving average is $36.97 and its 200 day moving average is $36.29. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on BTI shares. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. 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. StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday.

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.