Ameritas Advisory Services LLC Grows Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Ameritas Advisory Services LLC boosted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 21.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,045 shares of the company’s stock after purchasing an additional 2,146 shares during the quarter. Ameritas Advisory Services LLC’s holdings in British American Tobacco were worth $437,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BTI. Rhumbline Advisers boosted its stake in British American Tobacco by 41.8% in the second quarter. Rhumbline Advisers now owns 5,058 shares of the company’s stock valued at $156,000 after acquiring an additional 1,490 shares in the last quarter. Sei Investments Co. increased its holdings in shares of British American Tobacco by 3.5% in the second quarter. Sei Investments Co. now owns 182,526 shares of the company’s stock valued at $5,646,000 after purchasing an additional 6,139 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of British American Tobacco by 3.9% during the second quarter. Thrivent Financial for Lutherans now owns 16,576 shares of the company’s stock worth $513,000 after purchasing an additional 618 shares during the period. Profund Advisors LLC grew its position in British American Tobacco by 3.0% in the 2nd quarter. Profund Advisors LLC now owns 17,896 shares of the company’s stock valued at $554,000 after buying an additional 517 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in British American Tobacco by 36.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,163 shares of the company’s stock valued at $191,000 after buying an additional 1,648 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

Analyst Ratings Changes

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

British American Tobacco Trading Up 1.2 %

Shares of BTI opened at $37.02 on Friday. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54. The stock has a fifty day moving average of $36.85 and a two-hundred day moving average of $36.13. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. The company has a market capitalization of $81.79 billion, a PE ratio of 7.40 and a beta of 0.52.

British American Tobacco Company 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.