Linden Thomas Advisory Services LLC Boosts Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Linden Thomas Advisory Services LLC increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 26.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,108 shares of the company’s stock after purchasing an additional 2,917 shares during the period. Linden Thomas Advisory Services LLC’s holdings in British American Tobacco were worth $512,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc bought a new stake in British American Tobacco in the 4th quarter worth approximately $34,000. ORG Partners LLC increased its stake in British American Tobacco by 35.1% in the 4th 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 stake in British American Tobacco in the 4th quarter worth approximately $44,000. Creative Financial Designs Inc. ADV increased its stake in British American Tobacco by 153.7% in the 3rd 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 increased its stake in British American Tobacco by 122.8% in the 3rd 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 owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

British American Tobacco Stock Performance

NYSE BTI opened at $37.93 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The business’s 50 day moving average price is $36.91 and its 200-day moving average price is $36.21. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54.

British American Tobacco 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.