Fisher Asset Management LLC Sells 10,138 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Fisher Asset Management LLC cut its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 43.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,367 shares of the company’s stock after selling 10,138 shares during the period. Fisher Asset Management LLC’s holdings in British American Tobacco were worth $392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Centaurus Financial Inc. bought a new position in shares of British American Tobacco in the 4th quarter worth $121,000. Virtu Financial LLC grew its stake in British American Tobacco by 275.3% during the 4th quarter. Virtu Financial LLC now owns 163,280 shares of the company’s stock worth $4,782,000 after buying an additional 119,778 shares during the last quarter. Sunpointe LLC purchased a new position in British American Tobacco during the 4th quarter worth $219,000. Optimist Retirement Group LLC purchased a new position in British American Tobacco during the 4th quarter worth $331,000. Finally, Guardian Wealth Management Inc. grew its stake in British American Tobacco by 43.3% during the 4th quarter. Guardian Wealth Management Inc. now owns 9,955 shares of the company’s stock worth $292,000 after buying an additional 3,010 shares during the last quarter. 21.44% of the stock is owned by institutional investors.

British American Tobacco Stock Performance

British American Tobacco stock opened at $32.36 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67. The business’s 50-day simple moving average is $30.47 and its two-hundred day simple moving average is $30.10. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $34.28.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research note on Monday, May 6th.

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.