British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 16.8% in the 4th quarter, HoldingsChannel reports. The fund owned 24,291 shares of the company’s stock after acquiring an additional 3,491 shares during the quarter. San Luis Wealth Advisors LLC’s holdings in British American Tobacco were worth $882,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. lifted its stake in shares of British American Tobacco by 35.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock valued at $7,599,000 after purchasing an additional 54,555 shares during the period. Bank of Montreal Can lifted its position in shares of British American Tobacco by 26.2% during the 2nd quarter. Bank of Montreal Can now owns 113,811 shares of the company’s stock valued at $3,658,000 after acquiring an additional 23,626 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of British American Tobacco by 25.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company’s stock worth $4,824,000 after acquiring an additional 26,863 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of British American Tobacco by 89.6% in the 3rd quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock worth $2,419,000 after acquiring an additional 31,250 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in British American Tobacco by 3,153.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock valued at $20,927,000 after purchasing an additional 554,491 shares in the last quarter. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. StockNews.com lowered British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Morgan Stanley downgraded 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. Finally, Barclays upgraded British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th.

British American Tobacco Stock Up 1.1 %

Shares of BTI opened at $35.74 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 firm has a market cap of $78.97 billion, a PE ratio of 7.46 and a beta of 0.52. The company’s fifty day moving average is $36.74 and its two-hundred day moving average is $35.96. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54.

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.