Harbour Capital Advisors LLC increased its position in Reynolds American Inc (NYSE:RAI) by 5,202.2% during the second quarter, according to its most recent filing with the SEC. The fund owned 19,512 shares of the company’s stock after buying an additional 19,144 shares during the period. Harbour Capital Advisors LLC’s holdings in Reynolds American were worth $300,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in Reynolds American by 3,610.0% in the first quarter. BlackRock Inc. now owns 46,203,722 shares of the company’s stock worth $2,911,755,000 after buying an additional 44,958,351 shares during the period. State Street Corp boosted its position in Reynolds American by 3.3% in the first quarter. State Street Corp now owns 33,143,266 shares of the company’s stock worth $2,089,076,000 after buying an additional 1,061,990 shares during the period. Bank of New York Mellon Corp boosted its position in Reynolds American by 21.2% in the first quarter. Bank of New York Mellon Corp now owns 21,755,416 shares of the company’s stock worth $1,371,026,000 after buying an additional 3,799,305 shares during the period. American International Group Inc. boosted its position in Reynolds American by 1.2% in the first quarter. American International Group Inc. now owns 9,262,283 shares of the company’s stock worth $583,709,000 after buying an additional 112,610 shares during the period. Finally, Geode Capital Management LLC boosted its position in Reynolds American by 8.2% in the first quarter. Geode Capital Management LLC now owns 7,553,177 shares of the company’s stock worth $475,273,000 after buying an additional 571,672 shares during the period. 46.34% of the stock is currently owned by institutional investors.

Reynolds American Inc (RAI) opened at 65.40 on Tuesday. The company has a 50-day moving average of $65.38 and a 200 day moving average of $63.55. Reynolds American Inc has a 12 month low of $43.38 and a 12 month high of $67.81.

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A number of equities analysts have recently issued reports on RAI shares. BidaskClub cut shares of Reynolds American from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Vetr raised shares of Reynolds American from a “sell” rating to a “hold” rating and set a $61.64 price objective on the stock in a research report on Tuesday, April 11th. Cowen and Company reissued a “hold” rating and set a $65.00 price objective on shares of Reynolds American in a research report on Tuesday, July 11th. Zacks Investment Research cut shares of Reynolds American from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Finally, Jefferies Group LLC set a $60.00 price objective on shares of Reynolds American and gave the stock a “hold” rating in a research report on Monday, July 17th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $59.82.

Reynolds American Company Profile

Reynolds American Inc (RAI) is a holding company. The Company’s segments include RJR Tobacco, which consists of the primary operations of its subsidiary, R. J. Reynolds Tobacco Company; Santa Fe, which consists of the primary operations of its subsidiary, Santa Fe Natural Tobacco Company, Inc, and American Snuff, which consists of the primary operations of its subsidiary, American Snuff Company, LLC.

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Institutional Ownership by Quarter for Reynolds American (NYSE:RAI)

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