O Shaughnessy Asset Management LLC Has $27.58 Million Stock Holdings in British American Tobacco p.l.c. $BTI

O Shaughnessy Asset Management LLC lessened its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 5.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 487,143 shares of the company’s stock after selling 27,313 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in British American Tobacco were worth $27,582,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Command Advisory Services Inc. grew its holdings in shares of British American Tobacco by 1,386.7% during the fourth quarter. First Command Advisory Services Inc. now owns 446 shares of the company’s stock valued at $25,000 after buying an additional 416 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of British American Tobacco in the 2nd quarter worth about $30,000. Cornerstone Planning Group LLC lifted its position in British American Tobacco by 141.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 591 shares of the company’s stock valued at $36,000 after acquiring an additional 346 shares in the last quarter. Binnacle Investments Inc boosted its stake in British American Tobacco by 163.2% during the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the company’s stock valued at $40,000 after purchasing an additional 465 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in British American Tobacco during the 4th quarter worth approximately $42,000. 16.16% of the stock is owned by institutional investors.

British American Tobacco Stock Up 0.1%

NYSE:BTI opened at $59.80 on Tuesday. The business has a fifty day simple moving average of $60.14 and a two-hundred day simple moving average of $59.05. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.87 and a quick ratio of 0.57. British American Tobacco p.l.c. has a 1 year low of $46.38 and a 1 year high of $67.30.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on BTI shares. Morgan Stanley reaffirmed an “overweight” rating on shares of British American Tobacco in a research report on Monday. Weiss Ratings upgraded British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. Finally, Citigroup reiterated a “buy” rating on shares of British American Tobacco in a report on Thursday, May 14th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, British American Tobacco presently has an average rating of “Moderate Buy” and a consensus target price of $51.00.

British American Tobacco Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.