Optas LLC Invests $225,000 in British American Tobacco p.l.c. (NYSE:BTI)

Optas LLC purchased a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,187 shares of the company’s stock, valued at approximately $225,000.

Several other hedge funds have also bought and sold shares of BTI. Greenleaf Trust lifted its holdings in shares of British American Tobacco by 4.7% during the fourth quarter. Greenleaf Trust now owns 22,214 shares of the company’s stock valued at $807,000 after purchasing an additional 1,003 shares during the last quarter. Avantra Family Wealth Inc. bought a new position in British American Tobacco in the 4th quarter valued at approximately $686,000. Inlet Private Wealth LLC boosted its stake in British American Tobacco by 1.2% during the 4th quarter. Inlet Private Wealth LLC now owns 147,478 shares of the company’s stock valued at $5,356,000 after purchasing an additional 1,800 shares during the last quarter. Concord Wealth Partners increased its holdings in shares of British American Tobacco by 223.0% in the 4th quarter. Concord Wealth Partners now owns 4,008 shares of the company’s stock worth $146,000 after purchasing an additional 2,767 shares in the last quarter. Finally, Caprock Group LLC lifted its holdings in shares of British American Tobacco by 4.4% during the fourth quarter. Caprock Group LLC now owns 39,914 shares of the company’s stock valued at $1,479,000 after purchasing an additional 1,675 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. 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

British American Tobacco stock opened at $40.22 on Wednesday. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $40.25. 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 business has a 50-day simple moving average of $37.20 and a two-hundred day simple moving average of $36.54.

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.