Vise Technologies Inc. Sells 9,778 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Vise Technologies Inc. decreased its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 36.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,185 shares of the company's stock after selling 9,778 shares during the quarter. Vise Technologies Inc.'s holdings in British American Tobacco were worth $624,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BTI. Capital International Investors grew its stake in shares of British American Tobacco by 17.1% in the 4th quarter. Capital International Investors now owns 38,873,006 shares of the company's stock worth $1,411,179,000 after acquiring an additional 5,673,619 shares in the last quarter. FMR LLC grew its position in British American Tobacco by 44.0% during the fourth quarter. FMR LLC now owns 10,232,402 shares of the company's stock valued at $371,641,000 after buying an additional 3,127,046 shares during the period. Bank of Montreal Can grew its position in British American Tobacco by 2,565.4% during the fourth quarter. Bank of Montreal Can now owns 2,079,322 shares of the company's stock valued at $75,521,000 after buying an additional 2,001,311 shares during the period. Bridgewater Associates LP grew its position in British American Tobacco by 261.7% during the fourth quarter. Bridgewater Associates LP now owns 2,681,379 shares of the company's stock valued at $97,388,000 after buying an additional 1,940,035 shares during the period. Finally, Raymond James Financial Inc. bought a new position in British American Tobacco during the fourth quarter valued at about $55,620,000. Institutional investors own 16.16% of the company's stock.

British American Tobacco Price Performance

BTI traded up $0.01 on Friday, reaching $44.98. The company had a trading volume of 2,556,332 shares, compared to its average volume of 4,962,980. The business has a 50 day simple moving average of $42.29 and a 200 day simple moving average of $39.64. The company has a market cap of $92.98 billion, a price-to-earnings ratio of 9.24 and a beta of 0.32. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. British American Tobacco p.l.c. has a 52-week low of $30.29 and a 52-week high of $45.41.

Analyst Upgrades and Downgrades

BTI has been the topic of several recent research reports. Bank of America initiated coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They set a "buy" rating on the stock. Wall Street Zen raised shares of British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th. One analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, British American Tobacco has a consensus rating of "Moderate Buy" and a consensus price target of $33.00.

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.