Atria Investments LLC Has $436,000 Holdings in British American Tobacco PLC (BTI)

Atria Investments LLC lowered its stake in British American Tobacco PLC (NYSE:BTI) by 30.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,352 shares of the company’s stock after selling 4,164 shares during the quarter. Atria Investments LLC’s holdings in British American Tobacco were worth $436,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Jane Street Group LLC boosted its position in shares of British American Tobacco by 497.3% during the 2nd quarter. Jane Street Group LLC now owns 1,895,166 shares of the company’s stock valued at $95,611,000 after acquiring an additional 1,577,899 shares during the last quarter. Raymond James & Associates boosted its position in shares of British American Tobacco by 7.6% during the 2nd quarter. Raymond James & Associates now owns 1,808,864 shares of the company’s stock valued at $91,257,000 after acquiring an additional 127,580 shares during the last quarter. Gardner Russo & Gardner LLC boosted its position in shares of British American Tobacco by 11,854.1% during the 2nd quarter. Gardner Russo & Gardner LLC now owns 1,254,227 shares of the company’s stock valued at $63,421,000 after acquiring an additional 1,243,735 shares during the last quarter. Hamlin Capital Management LLC boosted its position in shares of British American Tobacco by 14.7% during the 2nd quarter. Hamlin Capital Management LLC now owns 1,078,213 shares of the company’s stock valued at $54,396,000 after acquiring an additional 138,180 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of British American Tobacco by 13.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 777,570 shares of the company’s stock valued at $44,858,000 after acquiring an additional 89,947 shares during the last quarter. Institutional investors and hedge funds own 7.68% of the company’s stock.

BTI has been the subject of a number of research analyst reports. Royal Bank of Canada downgraded British American Tobacco to an “underperform” rating in a research report on Monday, September 3rd. Zacks Investment Research upgraded British American Tobacco from a “sell” rating to a “hold” rating in a research report on Wednesday, September 5th. Jefferies Financial Group set a $66.00 price target on British American Tobacco and gave the company a “buy” rating in a research report on Monday, September 17th. Sanford C. Bernstein initiated coverage on British American Tobacco in a research report on Tuesday. They set a “market perform” rating for the company. Finally, DZ Bank reiterated a “sell” rating on shares of British American Tobacco in a research report on Thursday. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. British American Tobacco has a consensus rating of “Hold” and a consensus target price of $73.00.

Shares of BTI opened at $43.30 on Friday. The stock has a market cap of $91.80 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 1.41 and a beta of 1.00. The company has a quick ratio of 0.41, a current ratio of 0.81 and a debt-to-equity ratio of 0.69. British American Tobacco PLC has a 12-month low of $41.69 and a 12-month high of $71.44.

British American Tobacco Profile

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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