Blue Trust Inc. Acquires 4,407 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Blue Trust Inc. grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 18.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,962 shares of the company’s stock after buying an additional 4,407 shares during the period. Blue Trust Inc.’s holdings in British American Tobacco were worth $1,023,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Key Client Fiduciary Advisors LLC raised its position in shares of British American Tobacco by 2.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after purchasing an additional 295 shares during the last quarter. ORG Partners LLC raised its position in shares of British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares during the last quarter. First City Capital Management Inc. raised its position 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 during the last quarter. Grove Bank & Trust raised its position in shares of British American Tobacco by 11.0% in the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock valued at $116,000 after purchasing an additional 314 shares during the last quarter. Finally, Greenleaf Trust raised its position in shares of British American Tobacco by 1.8% in the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after purchasing an additional 376 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Price Performance

NYSE:BTI opened at $39.18 on Wednesday. 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 50 day moving average price of $36.97 and a 200-day moving average price of $36.29. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.70.

Wall Street Analyst Weigh In

BTI has been the subject of a number of recent research reports. StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Morgan Stanley lowered 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.

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.