54,950 Shares in British American Tobacco p.l.c. (NYSE:BTI) Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 54,950 shares of the company’s stock, valued at approximately $2,010,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in BTI. Mather Group LLC. boosted its position in British American Tobacco by 4,526.9% during the second quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock worth $37,000 after purchasing an additional 1,177 shares during the period. Addison Advisors LLC lifted its stake in shares of British American Tobacco by 79.9% during the 2nd quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock worth $38,000 after buying an additional 545 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings 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 worth $45,000 after buying an additional 753 shares during the period. Pathway Financial Advisers LLC bought a new position in British American Tobacco in the 1st quarter valued at about $46,000. Finally, Bruce G. Allen Investments LLC lifted its position in British American Tobacco by 320.9% during the third quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company’s stock worth $65,000 after acquiring an additional 1,351 shares during the last quarter. 21.44% of the stock is currently owned by institutional investors.

British American Tobacco Stock Up 0.6 %

Shares of BTI stock opened at $37.94 on Friday. The stock has a 50 day simple moving average of $35.91 and a 200 day simple moving average of $34.57. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60.

Analyst Ratings Changes

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

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.