Two Sigma Advisers LP Buys 248,700 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Two Sigma Advisers LP lifted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 39.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 877,000 shares of the company's stock after buying an additional 248,700 shares during the quarter. Two Sigma Advisers LP's holdings in British American Tobacco were worth $31,853,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in BTI. SRS Capital Advisors Inc. increased its stake in shares of British American Tobacco by 294.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after purchasing an additional 525 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in British American Tobacco in the fourth quarter valued at $27,000. Cullen Frost Bankers Inc. grew its position in shares of British American Tobacco by 334.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock worth $40,000 after buying an additional 846 shares during the period. Duncker Streett & Co. Inc. boosted its position in shares of British American Tobacco by 43.1% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company's stock worth $45,000 after purchasing an additional 374 shares in the last quarter. Finally, CoreFirst Bank & Trust bought a new stake in British American Tobacco during the 4th quarter valued at $47,000. Institutional investors and hedge funds own 16.16% of the company's stock.

British American Tobacco Stock Up 1.4%

NYSE BTI traded up $0.64 during trading hours on Monday, reaching $45.24. 4,320,375 shares of the company's stock traded hands, compared to its average volume of 4,958,819. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a market cap of $93.51 billion, a PE ratio of 9.29 and a beta of 0.32. The firm has a 50-day simple moving average of $41.96 and a 200 day simple moving average of $39.42. British American Tobacco p.l.c. has a 52-week low of $30.01 and a 52-week high of $45.29.

Analyst Ratings Changes

Several research firms recently weighed in on BTI. Wall Street Zen upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th. Finally, Bank of America started coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They issued a "buy" rating on the stock. 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's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $33.00.

About British American Tobacco

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.