Auxier Asset Management Buys 18,343 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Auxier Asset Management raised its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 9.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 217,939 shares of the company's stock after purchasing an additional 18,343 shares during the quarter. British American Tobacco accounts for approximately 1.2% of Auxier Asset Management's holdings, making the stock its 24th largest holding. Auxier Asset Management's holdings in British American Tobacco were worth $7,916,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Poehling Capital Management INC. boosted its holdings in British American Tobacco by 0.6% during the fourth quarter. Poehling Capital Management INC. now owns 113,339 shares of the company's stock worth $4,116,000 after purchasing an additional 664 shares during the last quarter. Novem Group bought a new position in British American Tobacco in the fourth quarter valued at approximately $217,000. Continuum Advisory LLC boosted its holdings in shares of British American Tobacco by 24.5% in the 4th quarter. Continuum Advisory LLC now owns 1,690 shares of the company's stock valued at $61,000 after buying an additional 333 shares during the last quarter. Two Sigma Advisers LP lifted its stake in British American Tobacco by 39.6% in the fourth quarter. Two Sigma Advisers LP now owns 877,000 shares of the company's stock valued at $31,853,000 after acquiring an additional 248,700 shares during the last quarter. Finally, Quantinno Capital Management LP raised its holdings in shares of British American Tobacco by 16.0% in the 4th quarter. Quantinno Capital Management LP now owns 152,262 shares of the company's stock valued at $5,530,000 after purchasing an additional 21,000 shares during the period. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Stock Performance

Shares of BTI traded down $0.19 during midday trading on Thursday, reaching $44.90. 2,587,944 shares of the stock were exchanged, compared to its average volume of 4,958,805. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The stock's 50 day simple moving average is $42.21 and its 200 day simple moving average is $39.57. British American Tobacco p.l.c. has a twelve month low of $30.01 and a twelve month high of $45.41. The company has a market cap of $92.82 billion, a P/E ratio of 9.22 and a beta of 0.32.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BTI. Wall Street Zen raised British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th. Bank of America started coverage on British American Tobacco in a report on Wednesday, April 30th. They set a "buy" rating for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $33.00.

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.