BluePath Capital Management LLC Has $792,000 Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

BluePath Capital Management LLC boosted its position in British American Tobacco p.l.c. (NYSE:BTI) by 22.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,407 shares of the company’s stock after acquiring an additional 4,075 shares during the period. BluePath Capital Management LLC’s holdings in British American Tobacco were worth $792,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC grew its position in British American Tobacco by 1.9% in the 4th quarter. Park Avenue Securities LLC now owns 33,622 shares of the company’s stock valued at $1,221,000 after purchasing an additional 620 shares during the period. Kathmere Capital Management LLC lifted its stake in shares of British American Tobacco by 12.4% in the fourth quarter. Kathmere Capital Management LLC now owns 61,518 shares of the company’s stock valued at $2,234,000 after buying an additional 6,786 shares in the last quarter. San Luis Wealth Advisors LLC increased its position in shares of British American Tobacco by 16.8% during the fourth quarter. San Luis Wealth Advisors LLC now owns 24,291 shares of the company’s stock worth $882,000 after acquiring an additional 3,491 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in shares of British American Tobacco in the 4th quarter worth about $275,000. Finally, Pines Wealth Management LLC bought a new position in British American Tobacco in the 4th quarter valued at about $241,000. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Price Performance

British American Tobacco stock opened at $35.82 on Thursday. The stock has a market cap of $79.15 billion, a P/E ratio of 7.48 and a beta of 0.52. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average price is $36.74 and its two-hundred day moving average price is $35.96. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $39.54.

Analyst Ratings Changes

Several analysts have recently commented on the company. StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Barclays upgraded British American Tobacco to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price for the company. in a research note on Thursday, October 3rd.

British American Tobacco Company 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.