British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 54.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,052 shares of the company’s stock after purchasing an additional 41,149 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in British American Tobacco were worth $4,130,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Blueprint LLC acquired a new stake in shares of British American Tobacco during the second quarter worth $26,000. Heritage Wealth Management LLC raised its stake in shares of British American Tobacco by 82.9% during the 2nd quarter. Heritage Wealth Management LLC now owns 1,147 shares of the company’s stock worth $45,000 after buying an additional 520 shares during the last quarter. Eubel Brady & Suttman Asset Management Inc. acquired a new position in shares of British American Tobacco during the 2nd quarter worth $46,000. Koshinski Asset Management Inc. acquired a new position in shares of British American Tobacco during the 3rd quarter worth $46,000. Finally, JJJ Advisors Inc. increased its position in British American Tobacco by 34.8% during the 3rd quarter. JJJ Advisors Inc. now owns 1,780 shares of the company’s stock worth $63,000 after purchasing an additional 460 shares in the last quarter. 5.02% of the stock is owned by hedge funds and other institutional investors.

BTI opened at $42.45 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.43 and a current ratio of 0.78. The business has a 50-day moving average of $36.44 and a two-hundred day moving average of $36.80. British American Tobacco p.l.c. has a 12 month low of $33.62 and a 12 month high of $42.50.

A number of research firms recently commented on BTI. Zacks Investment Research upgraded British American Tobacco from a “sell” rating to a “hold” rating in a research report on Tuesday, January 4th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of British American Tobacco in a research report on Tuesday, November 30th. Finally, UBS Group reiterated a “buy” rating on shares of British American Tobacco in a research report on Tuesday, September 28th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

About British American Tobacco

British American Tobacco plc is a holding company, which engages in the manufacture and distribution of tobacco products. Its brands include Kent, Dunhill, Lucky Strike, and Pall Mall. It operates through the following geographical segments: United States, Asia-Pacific and Middle East (APME), Americas and Sub-Saharan Africa (AMSSA), and Europe and North Africa (ENA).

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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