Atomi Financial Group Inc. Acquires 2,881 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Atomi Financial Group Inc. lifted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 12.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,244 shares of the company’s stock after buying an additional 2,881 shares during the quarter. Atomi Financial Group Inc.’s holdings in British American Tobacco were worth $953,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Rhumbline Advisers grew its position in shares of 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 purchasing an additional 1,490 shares in the last quarter. Sei Investments Co. grew its holdings in British American Tobacco by 3.5% during the 2nd quarter. Sei Investments Co. now owns 182,526 shares of the company’s stock valued at $5,646,000 after buying an additional 6,139 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of British American Tobacco by 3.9% in the second quarter. Thrivent Financial for Lutherans now owns 16,576 shares of the company’s stock worth $513,000 after buying an additional 618 shares in the last quarter. Summit Trail Advisors LLC bought a new position in shares of British American Tobacco in the second quarter valued at approximately $236,000. Finally, Profund Advisors LLC increased its holdings in British American Tobacco by 3.0% during the 2nd quarter. Profund Advisors LLC now owns 17,896 shares of the company’s stock worth $554,000 after acquiring an additional 517 shares during the period. 16.16% of the stock is owned by institutional investors.

British American Tobacco Stock Down 0.4 %

NYSE BTI opened at $36.57 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $39.54. The company has a fifty day moving average of $36.82 and a 200-day moving average of $36.13.

Wall Street Analysts Forecast Growth

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

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.