First Foundation Advisors Sells 542 Shares of British American Tobacco p.l.c. (NYSE:BTI)

First Foundation Advisors cut its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 1.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,806 shares of the company’s stock after selling 542 shares during the quarter. First Foundation Advisors’ holdings in British American Tobacco were worth $1,336,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. SG Americas Securities LLC grew its position in British American Tobacco by 1,466.5% during the fourth quarter. SG Americas Securities LLC now owns 98,812 shares of the company’s stock valued at $2,894,000 after acquiring an additional 92,504 shares during the last quarter. ICICI Prudential Asset Management Co Ltd raised its position in British American Tobacco by 40.1% in the 4th quarter. ICICI Prudential Asset Management Co Ltd now owns 1,394,129 shares of the company’s stock worth $40,834,000 after purchasing an additional 399,359 shares during the period. GAMMA Investing LLC lifted its stake in British American Tobacco by 79.3% in the first quarter. GAMMA Investing LLC now owns 2,085 shares of the company’s stock worth $64,000 after purchasing an additional 922 shares during the last quarter. ORG Partners LLC purchased a new stake in British American Tobacco during the first quarter valued at about $732,000. Finally, Clarius Group LLC increased its holdings in shares of British American Tobacco by 40.3% in the fourth quarter. Clarius Group LLC now owns 13,066 shares of the company’s stock worth $383,000 after buying an additional 3,752 shares during the period. 21.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a report on Monday, May 6th.

British American Tobacco Stock Up 0.5 %

Shares of NYSE BTI traded up $0.16 during mid-day trading on Friday, hitting $33.20. The stock had a trading volume of 2,876,208 shares, compared to its average volume of 4,113,076. The business has a 50 day moving average price of $31.39 and a two-hundred day moving average price of $30.44. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $34.28. The company has a quick ratio of 0.59, a current ratio of 0.91 and a debt-to-equity ratio of 0.67.

About British American Tobacco

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.