British American Tobacco (NYSE:BTI) Upgraded at UBS Group

British American Tobacco (NYSE:BTI) was upgraded by analysts at UBS Group from a “neutral” rating to a “buy” rating in a report released on Monday, MarketBeat.com reports.

Other equities research analysts also recently issued reports about the company. Barclays raised British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Morgan Stanley cut 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 report on Thursday, October 3rd. Finally, StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

British American Tobacco Price Performance

Shares of NYSE:BTI opened at $39.18 on Monday. The company’s fifty day moving average is $36.97 and its two-hundred day moving average is $36.29. British American Tobacco has a 12-month low of $28.25 and a 12-month high of $39.70. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58.

Institutional Investors Weigh In On British American Tobacco

Several institutional investors have recently made changes to their positions in the company. Key Client Fiduciary Advisors LLC raised its position in British American Tobacco by 2.0% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after acquiring an additional 295 shares in the last quarter. ORG Partners LLC raised its holdings in shares of British American Tobacco by 35.1% during 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 in the last quarter. First City Capital Management Inc. lifted its stake 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 boosted its holdings in British American Tobacco by 11.0% in the third quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock worth $116,000 after purchasing an additional 314 shares in the last quarter. Finally, Greenleaf Trust increased its position in British American Tobacco by 1.8% during the third quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock worth $776,000 after buying an additional 376 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

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.