British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Brooklyn Investment Group

Brooklyn Investment Group raised its stake in British American Tobacco p.l.c. (NYSE:BTI) by 274.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,541 shares of the company’s stock after purchasing an additional 1,129 shares during the quarter. Brooklyn Investment Group’s holdings in British American Tobacco were worth $56,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Versant Capital Management Inc purchased a new stake in British American Tobacco during the fourth quarter valued at about $34,000. ORG Partners LLC grew its holdings in shares of British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares during the period. Kieckhefer Group LLC acquired a new position in British American Tobacco during the fourth quarter valued at approximately $44,000. Creative Financial Designs Inc. ADV grew 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 raised its stake in shares of British American Tobacco by 122.8% in the 3rd 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 period. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Stock Up 1.2 %

NYSE:BTI opened at $36.32 on Monday. The firm has a 50-day moving average of $36.77 and a two-hundred day moving average of $36.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54.

Analyst Ratings Changes

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

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.