West Family Investments Inc. Makes New $234,000 Investment in British American Tobacco p.l.c. (NYSE:BTI)

West Family Investments Inc. bought a new stake in British American Tobacco p.l.c. (NYSE:BTI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,394 shares of the company’s stock, valued at approximately $234,000.

A number of other hedge funds also recently made changes to their positions in the stock. O Brien Greene & Co. Inc boosted its holdings in British American Tobacco by 1.7% in the second quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock valued at $529,000 after acquiring an additional 289 shares during the last quarter. First City Capital Management Inc. lifted its stake in shares of British American Tobacco by 2.8% in the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock valued at $398,000 after purchasing an additional 300 shares in the last quarter. Grove Bank & Trust increased its position in British American Tobacco by 11.0% during the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock worth $116,000 after purchasing an additional 314 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in British American Tobacco by 4.2% in the first quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock valued at $274,000 after buying an additional 363 shares during the period. Finally, Greenleaf Trust lifted its position in British American Tobacco by 1.8% during the third quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after buying an additional 376 shares in the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on BTI. StockNews.com downgraded shares of 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 note on Thursday, October 3rd. Finally, Barclays upgraded British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th.

British American Tobacco Price Performance

BTI opened at $36.93 on Wednesday. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $39.54. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $36.06 and a 200 day simple moving average of $34.28.

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.