British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by First City Capital Management Inc.

First City Capital Management Inc. trimmed its position in British American Tobacco p.l.c. (NYSE:BTI) by 8.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,590 shares of the company’s stock after selling 1,000 shares during the period. First City Capital Management Inc.’s holdings in British American Tobacco were worth $328,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Capital Research Global Investors increased its stake in shares of British American Tobacco by 38.5% during the fourth quarter. Capital Research Global Investors now owns 15,316,688 shares of the company’s stock worth $448,625,000 after acquiring an additional 4,259,548 shares during the period. Capital World Investors increased its position in British American Tobacco by 0.4% during the 1st quarter. Capital World Investors now owns 3,836,365 shares of the company’s stock worth $117,009,000 after purchasing an additional 13,643 shares during the period. Natixis Advisors LLC lifted its holdings in shares of British American Tobacco by 29.9% in the 2nd quarter. Natixis Advisors LLC now owns 2,667,339 shares of the company’s stock valued at $82,501,000 after buying an additional 614,634 shares during the period. Raymond James & Associates boosted its stake in shares of British American Tobacco by 1.9% in the second quarter. Raymond James & Associates now owns 2,279,765 shares of the company’s stock valued at $70,513,000 after buying an additional 43,006 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in British American Tobacco by 4.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 887,911 shares of the company’s stock worth $26,007,000 after acquiring an additional 37,359 shares during the period. 21.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 11th.

British American Tobacco Trading Down 0.3 %

Shares of British American Tobacco stock opened at $37.44 on Friday. The company has a 50-day moving average of $36.28 and a two-hundred day moving average of $32.53. The stock has a market cap of $83.16 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 2.04 and a beta of 0.52. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $39.54.

British American Tobacco Company Profile

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.