StockNews.com Upgrades British American Tobacco (NYSE:BTI) to Buy

British American Tobacco (NYSE:BTI) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Monday.

Separately, UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

British American Tobacco Stock Performance

Shares of NYSE:BTI traded down $0.81 during midday trading on Monday, hitting $38.80. 7,051,078 shares of the stock were exchanged, compared to its average volume of 4,552,530. British American Tobacco has a twelve month low of $28.25 and a twelve month high of $42.74. The company has a 50 day moving average price of $37.83 and a 200-day moving average price of $36.96. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60.

Institutional Trading of British American Tobacco

Several large investors have recently added to or reduced their stakes in BTI. Sound View Wealth Advisors Group LLC boosted its holdings in British American Tobacco by 3.0% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 8,904 shares of the company’s stock worth $323,000 after acquiring an additional 258 shares during the period. Keystone Financial Group grew its holdings in British American Tobacco by 1.5% during the 4th quarter. Keystone Financial Group now owns 17,695 shares of the company’s stock worth $643,000 after acquiring an additional 267 shares in the last quarter. Stokes Family Office LLC increased its holdings in British American Tobacco by 1.9% in the fourth quarter. Stokes Family Office LLC now owns 14,697 shares of the company’s stock valued at $534,000 after buying an additional 269 shares during the last quarter. Key Client Fiduciary Advisors LLC increased its holdings in shares of 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 valued at $547,000 after acquiring an additional 295 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in shares of British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares during the period. 16.16% of the stock is currently owned by institutional investors and hedge funds.

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.