British American Tobacco p.l.c. (NYSE:BTI) Stock Position Cut by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. reduced its stake in British American Tobacco p.l.c. (NYSE:BTI) by 12.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,368 shares of the company’s stock after selling 2,405 shares during the period. Rockefeller Capital Management L.P.’s holdings in British American Tobacco were worth $631,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Addison Advisors LLC lifted its position in British American Tobacco by 79.9% in the second quarter. Addison Advisors LLC now owns 1,227 shares of the company’s stock worth $38,000 after purchasing an additional 545 shares during the period. Creative Financial Designs Inc. ADV raised its stake in shares of British American Tobacco by 153.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after buying an additional 753 shares in the last quarter. Bruce G. Allen Investments LLC lifted its holdings in shares of British American Tobacco by 320.9% in the third quarter. Bruce G. Allen Investments LLC now owns 1,772 shares of the company’s stock valued at $65,000 after buying an additional 1,351 shares during the period. City State Bank boosted its stake in British American Tobacco by 26.6% during the third quarter. City State Bank now owns 1,905 shares of the company’s stock valued at $70,000 after buying an additional 400 shares in the last quarter. Finally, HHM Wealth Advisors LLC raised its position in British American Tobacco by 156.0% in the second quarter. HHM Wealth Advisors LLC now owns 3,018 shares of the company’s stock worth $93,000 after acquiring an additional 1,839 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Trading Up 0.2 %

NYSE BTI opened at $37.88 on Tuesday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The stock’s 50-day moving average price is $35.93 and its two-hundred day moving average price is $34.93. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BTI. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. Morgan Stanley cut 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 report on Thursday, October 3rd. Finally, StockNews.com cut British American Tobacco from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th.

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.