Natixis Advisors LLC Has $105.11 Million Stake in British American Tobacco p.l.c. (NYSE:BTI)

Natixis Advisors LLC raised its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 7.7% during the third quarter, HoldingsChannel.com reports. The fund owned 2,873,456 shares of the company’s stock after purchasing an additional 206,117 shares during the period. Natixis Advisors LLC’s holdings in British American Tobacco were worth $105,111,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BTI. O Brien Greene & Co. Inc grew its holdings in British American Tobacco by 1.7% during the 2nd quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock worth $529,000 after acquiring an additional 289 shares during the last quarter. Grove Bank & Trust boosted its stake in British American Tobacco by 11.0% during the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock valued at $116,000 after purchasing an additional 314 shares during the last quarter. 1832 Asset Management L.P. raised its holdings in shares of British American Tobacco by 4.2% in the first quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock valued at $274,000 after purchasing an additional 363 shares during the last quarter. Greenleaf Trust lifted its holdings in British American Tobacco by 1.8% during the third quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock worth $776,000 after acquiring an additional 376 shares during the period. Finally, MADDEN SECURITIES Corp boosted its stake in British American Tobacco by 1.3% in the third quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock valued at $1,132,000 after acquiring an additional 400 shares during the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Stock Up 2.5 %

British American Tobacco stock opened at $36.39 on Friday. The business’s fifty day moving average is $36.16 and its 200 day moving average is $34.11. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $39.54. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

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

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.