Janus Henderson Group PLC Grows Stake in British American Tobacco p.l.c. (NYSE:BTI)

Janus Henderson Group PLC increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 49.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,457 shares of the company’s stock after purchasing an additional 3,800 shares during the period. Janus Henderson Group PLC’s holdings in British American Tobacco were worth $419,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. O Brien Greene & Co. Inc boosted its position in shares of British American Tobacco by 1.7% during the second quarter. O Brien Greene & Co. Inc now owns 17,102 shares of the company’s stock worth $529,000 after acquiring an additional 289 shares during the last quarter. First City Capital Management Inc. boosted its holdings in shares of British American Tobacco by 2.8% during the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock valued at $398,000 after purchasing an additional 300 shares during the last quarter. Grove Bank & Trust grew its position in shares of British American Tobacco by 11.0% during 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 in the last quarter. Greenleaf Trust lifted its position in shares of British American Tobacco by 1.8% in the third quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock worth $776,000 after buying an additional 376 shares in the last quarter. Finally, MADDEN SECURITIES Corp boosted its stake in British American Tobacco by 1.3% during the third quarter. MADDEN SECURITIES Corp now owns 30,935 shares of the company’s stock valued at $1,132,000 after buying an additional 400 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Stock Up 0.2 %

NYSE:BTI opened at $37.65 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The business has a 50 day simple moving average of $36.08 and a 200-day simple moving average of $35.13. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54.

Analysts Set New Price Targets

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