British American Tobacco p.l.c. $BTI Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 31.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,499 shares of the company’s stock after acquiring an additional 11,721 shares during the period. Global Retirement Partners LLC’s holdings in British American Tobacco were worth $2,803,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC boosted its position in British American Tobacco by 35.2% during the first quarter. AQR Capital Management LLC now owns 27,914 shares of the company’s stock worth $1,155,000 after purchasing an additional 7,270 shares in the last quarter. Sivia Capital Partners LLC boosted its position in British American Tobacco by 42.5% during the second quarter. Sivia Capital Partners LLC now owns 8,455 shares of the company’s stock worth $400,000 after purchasing an additional 2,521 shares in the last quarter. Rhumbline Advisers boosted its position in British American Tobacco by 10.2% during the second quarter. Rhumbline Advisers now owns 6,017 shares of the company’s stock worth $285,000 after purchasing an additional 559 shares in the last quarter. Baird Financial Group Inc. boosted its position in British American Tobacco by 58.6% during the second quarter. Baird Financial Group Inc. now owns 14,853 shares of the company’s stock worth $703,000 after purchasing an additional 5,486 shares in the last quarter. Finally, Brown Advisory Inc. boosted its position in British American Tobacco by 5.4% during the second quarter. Brown Advisory Inc. now owns 15,967 shares of the company’s stock worth $756,000 after purchasing an additional 816 shares in the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Trading Down 0.5%

NYSE BTI opened at $65.40 on Friday. The stock’s 50 day simple moving average is $59.56 and its 200-day simple moving average is $58.48. British American Tobacco p.l.c. has a 1-year low of $44.58 and a 1-year high of $67.30. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.57 and a current ratio of 0.87.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Citigroup reiterated a “buy” rating on shares of British American Tobacco in a research report on Thursday, May 14th. Weiss Ratings downgraded British American Tobacco from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research report on Sunday, April 5th. Seven research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.

About British American Tobacco

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.