UMB Bank n.a. Has $37,000 Holdings in British American Tobacco p.l.c. (NYSE:BTI)

UMB Bank n.a. trimmed its stake in British American Tobacco p.l.c. (NYSE:BTI) by 23.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,005 shares of the company’s stock after selling 305 shares during the period. UMB Bank n.a.’s holdings in British American Tobacco were worth $37,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC boosted its position in British American Tobacco by 67.7% in the third quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after buying an additional 2,868,675 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of British American Tobacco by 7.7% in the 3rd quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company’s stock worth $105,111,000 after acquiring an additional 206,117 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in British American Tobacco during the 3rd quarter valued at $28,183,000. Bridgewater Associates LP bought a new position in British American Tobacco in the 3rd quarter valued at $27,118,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of British American Tobacco by 3,153.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock worth $20,927,000 after purchasing an additional 554,491 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Trading Up 2.4 %

Shares of NYSE:BTI opened at $37.93 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. The company has a 50 day moving average of $36.91 and a 200-day moving average of $36.18. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $39.54.

Analysts Set New Price Targets

Several brokerages recently issued reports on BTI. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. Morgan Stanley cut shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price target on the stock. in a research note on Thursday, October 3rd. Finally, StockNews.com cut shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th.

British American Tobacco 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.