AlphaMark Advisors LLC Boosts Holdings in British American Tobacco p.l.c. (NYSE:BTI)

AlphaMark Advisors LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 8.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,207 shares of the company’s stock after acquiring an additional 475 shares during the period. AlphaMark Advisors LLC’s holdings in British American Tobacco were worth $225,000 at the end of the most recent reporting period.

Several other hedge funds 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 valued at $34,000. ORG Partners LLC raised its holdings in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after buying an additional 299 shares during the period. Kieckhefer Group LLC acquired a new position in British American Tobacco in the fourth quarter valued at about $44,000. Creative Financial Designs Inc. ADV boosted its stake in 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 buying an additional 753 shares during the period. Finally, Continuum Advisory LLC increased 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 valued at $48,000 after acquiring an additional 748 shares during the last quarter. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Trading Up 2.4 %

Shares of BTI stock opened at $37.93 on Friday. 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 company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. The company has a 50 day moving average price of $36.91 and a 200 day moving average price of $36.18.

Analyst Upgrades and Downgrades

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

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.