Atomi Financial Group Inc. Purchases 2,881 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Atomi Financial Group Inc. grew its position in British American Tobacco p.l.c. (NYSE:BTI) by 12.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,244 shares of the company’s stock after purchasing an additional 2,881 shares during the quarter. Atomi Financial Group Inc.’s holdings in British American Tobacco were worth $953,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. ORG Partners LLC grew its holdings in British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after buying an additional 299 shares in the last quarter. First City Capital Management Inc. grew its stake in shares of British American Tobacco by 2.8% in the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock worth $398,000 after acquiring an additional 300 shares in the last quarter. Grove Bank & Trust raised its holdings in shares of British American Tobacco by 11.0% in the third quarter. Grove Bank & Trust now owns 3,176 shares of the company’s stock valued at $116,000 after purchasing an additional 314 shares during the last quarter. Greenleaf Trust boosted its holdings in British American Tobacco by 1.8% during the third quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock worth $776,000 after purchasing an additional 376 shares during the last quarter. Finally, MADDEN SECURITIES Corp grew its position in British American Tobacco by 1.3% in the 3rd quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock worth $1,132,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Trading Down 0.4 %

Shares of BTI stock opened at $36.57 on Thursday. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. The company has a 50 day moving average of $36.82 and a 200-day moving average of $36.13.

Analysts Set New Price Targets

BTI has been the topic of a number of research analyst reports. StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Barclays raised British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, Morgan Stanley lowered British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price for the company. in a research report on Thursday, October 3rd.

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.