Foundations Investment Advisors LLC Grows Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Foundations Investment Advisors LLC increased its stake in British American Tobacco p.l.c. (NYSE:BTI) by 32.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 198,659 shares of the company’s stock after buying an additional 48,888 shares during the period. Foundations Investment Advisors LLC’s holdings in British American Tobacco were worth $7,215,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. increased its position in shares of British American Tobacco by 35.6% during the third quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock valued at $7,599,000 after acquiring an additional 54,555 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of British American Tobacco by 45.3% in the 4th quarter. SG Americas Securities LLC now owns 46,286 shares of the company’s stock worth $1,681,000 after purchasing an additional 14,432 shares in the last quarter. Bank of Montreal Can raised its stake in shares of British American Tobacco by 26.2% in the second quarter. Bank of Montreal Can now owns 113,811 shares of the company’s stock worth $3,658,000 after purchasing an additional 23,626 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of British American Tobacco by 25.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company’s stock valued at $4,824,000 after buying an additional 26,863 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in British American Tobacco by 89.6% in the 3rd quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock worth $2,419,000 after buying an additional 31,250 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Trading Up 4.4 %

BTI opened at $39.59 on Tuesday. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.70. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The company’s 50 day moving average is $36.91 and its 200 day moving average is $36.24.

Analyst Upgrades and Downgrades

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

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.