Key Client Fiduciary Advisors LLC Has $547,000 Stake in British American Tobacco p.l.c. (NYSE:BTI)

Key Client Fiduciary Advisors LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,047 shares of the company’s stock after acquiring an additional 295 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in British American Tobacco were worth $547,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC lifted its stake in shares of British American Tobacco by 67.7% during the 3rd quarter. FMR LLC now owns 7,105,356 shares of the company’s stock worth $259,914,000 after buying an additional 2,868,675 shares during the last quarter. Natixis Advisors LLC lifted its position in British American Tobacco by 7.7% during the third quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company’s stock worth $105,111,000 after acquiring an additional 206,117 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of British American Tobacco during the third quarter worth approximately $28,183,000. Bridgewater Associates LP acquired a new position in shares of British American Tobacco in the third quarter valued at approximately $27,118,000. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of British American Tobacco by 3,153.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock worth $20,927,000 after purchasing an additional 554,491 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

Analysts Set New Price Targets

BTI has been the topic of a number of research reports. Barclays raised British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. StockNews.com lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Morgan Stanley downgraded shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective for the company. in a report on Thursday, October 3rd.

British American Tobacco Stock Performance

NYSE:BTI opened at $37.02 on Friday. The company has a market cap of $81.79 billion, a price-to-earnings ratio of 7.40 and a beta of 0.52. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $39.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. The stock has a fifty day moving average price of $36.85 and a 200-day moving average price of $36.13.

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.