Choreo LLC Reduces Stake in British American Tobacco p.l.c. (NYSE:BTI)

Choreo LLC cut its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 1.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,586 shares of the company’s stock after selling 254 shares during the period. Choreo LLC’s holdings in British American Tobacco were worth $743,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BTI. Key Client Fiduciary Advisors LLC lifted its stake in British American Tobacco by 2.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock worth $547,000 after purchasing an additional 295 shares in the last quarter. ORG Partners LLC raised its position in shares of British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after buying an additional 299 shares in the last quarter. First City Capital Management Inc. grew its position in British American Tobacco by 2.8% during the third quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock worth $398,000 after buying an additional 300 shares in the last quarter. Grove Bank & Trust increased its stake in British American Tobacco by 11.0% in the 3rd quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock worth $116,000 after acquiring an additional 314 shares during the last quarter. Finally, Greenleaf Trust boosted its position in shares of British American Tobacco by 1.8% during the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after acquiring an additional 376 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th. Barclays raised shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. Finally, StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

British American Tobacco Trading Up 0.3 %

Shares of BTI opened at $41.76 on Monday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $41.79. The stock has a 50 day simple moving average of $37.47 and a two-hundred day simple moving average of $36.74. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

About British American Tobacco

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.