Natixis Advisors LLC Increases Stock Holdings in British American Tobacco p.l.c. $BTI

Natixis Advisors LLC increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,266,600 shares of the company’s stock after acquiring an additional 164,798 shares during the quarter. Natixis Advisors LLC’s holdings in British American Tobacco were worth $184,955,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its stake in British American Tobacco by 141.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 591 shares of the company’s stock worth $36,000 after acquiring an additional 346 shares during the period. Cary Street Partners Financial LLC purchased a new stake in British American Tobacco in the second quarter worth $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in British American Tobacco during the fourth quarter valued at $42,000. Binnacle Investments Inc lifted its position in British American Tobacco by 163.2% during the third quarter. Binnacle Investments Inc now owns 750 shares of the company’s stock valued at $40,000 after buying an additional 465 shares during the period. Finally, Westside Investment Management Inc. boosted its holdings in shares of British American Tobacco by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 782 shares of the company’s stock valued at $41,000 after buying an additional 391 shares in the last quarter. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Weiss Ratings cut shares of British American Tobacco from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Citigroup restated a “buy” rating on shares of British American Tobacco in a report on Thursday, May 14th. Finally, Wall Street Zen upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Saturday. Seven equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.00.

British American Tobacco Trading Down 1.2%

BTI opened at $61.07 on Tuesday. The stock has a 50-day moving average price of $60.01 and a 200-day moving average price of $58.89. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 0.66. British American Tobacco p.l.c. has a 1 year low of $45.04 and a 1 year high of $67.30.

British American Tobacco Profile

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.