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

UMB Bank n.a. cut its position in British American Tobacco p.l.c. (NYSE:BTI) by 23.3% during the 4th quarter, according to the company in its most recent disclosure with the 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. grew its stake in British American Tobacco by 35.6% in the third quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock valued at $7,599,000 after acquiring an additional 54,555 shares during the period. Bank of Montreal Can grew its position in shares of British American Tobacco by 26.2% in the 2nd quarter. Bank of Montreal Can now owns 113,811 shares of the company’s stock valued at $3,658,000 after purchasing an additional 23,626 shares during the period. Charles Schwab Investment Management Inc. increased its stake in British American Tobacco by 25.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company’s stock worth $4,824,000 after purchasing an additional 26,863 shares in the last quarter. Cerity Partners LLC lifted its stake in British American Tobacco by 89.6% in the third quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock valued at $2,419,000 after buying an additional 31,250 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of British American Tobacco by 3,153.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock valued at $20,927,000 after buying an additional 554,491 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Trading Up 2.4 %

Shares of NYSE BTI opened at $37.93 on Friday. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week 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 business has a 50-day moving average of $36.91 and a 200-day moving average of $36.18.

Analyst Ratings Changes

A number of brokerages recently weighed in on BTI. Morgan Stanley lowered shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 target price for the company. in a research note on Thursday, October 3rd. Barclays raised British American Tobacco to a “strong-buy” rating in a research report on Thursday, October 17th. Finally, StockNews.com downgraded 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.