Sivia Capital Partners LLC Raises Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Sivia Capital Partners LLC increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 5.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,934 shares of the company’s stock after acquiring an additional 326 shares during the quarter. Sivia Capital Partners LLC’s holdings in British American Tobacco were worth $245,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. O Shaughnessy Asset Management LLC boosted its stake in shares of British American Tobacco by 1.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 493,451 shares of the company’s stock worth $17,922,000 after buying an additional 7,875 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of British American Tobacco by 24.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,094,244 shares of the company’s stock valued at $221,343,000 after purchasing an additional 1,196,020 shares during the period. Cove Street Capital LLC purchased a new stake in shares of British American Tobacco during the fourth quarter worth approximately $1,050,000. QRG Capital Management Inc. lifted its holdings in shares of British American Tobacco by 9.8% during the fourth quarter. QRG Capital Management Inc. now owns 196,073 shares of the company’s stock worth $7,121,000 after purchasing an additional 17,478 shares during the period. Finally, Edmp Inc. purchased a new position in British American Tobacco in the 4th quarter valued at $219,000. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Trading Up 0.7%

Shares of BTI stock opened at $47.79 on Monday. British American Tobacco p.l.c. has a 1-year low of $30.29 and a 1-year high of $47.96. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The business’s fifty day moving average price is $42.94 and its 200 day moving average price is $40.11. The firm has a market capitalization of $98.79 billion, a PE ratio of 9.81 and a beta of 0.31.

Wall Street Analyst Weigh In

Several research firms have recently commented on BTI. Wall Street Zen upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. Bank of America started coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $33.00.

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.