Mount Yale Investment Advisors LLC Has $598,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

Mount Yale Investment Advisors LLC decreased its position in British American Tobacco p.l.c. (NYSE:BTI) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,457 shares of the company’s stock after selling 2,886 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in British American Tobacco were worth $598,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BTI. Union Bancaire Privee UBP SA bought a new position in British American Tobacco in the 4th quarter worth $77,000. Blue Trust Inc. increased its stake in shares of British American Tobacco by 18.7% in the fourth quarter. Blue Trust Inc. now owns 27,962 shares of the company’s stock worth $1,023,000 after purchasing an additional 4,407 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of British American Tobacco during the 4th quarter worth about $88,000. AlphaMark Advisors LLC boosted its stake in British American Tobacco by 8.3% during the 4th quarter. AlphaMark Advisors LLC now owns 6,207 shares of the company’s stock valued at $225,000 after purchasing an additional 475 shares during the period. Finally, Linden Thomas Advisory Services LLC increased its position in British American Tobacco by 26.1% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 14,108 shares of the company’s stock worth $512,000 after buying an additional 2,917 shares during the period. 16.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BTI has been the topic of several research analyst reports. Morgan Stanley downgraded shares of British American Tobacco from an “overweight” rating to an “underweight” rating and set a $33.00 price objective on the stock. in a research note on Thursday, October 3rd. Barclays upgraded shares of British American Tobacco to a “strong-buy” rating in a report on Thursday, October 17th. UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday. 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 Stock Performance

Shares of BTI stock opened at $39.18 on Wednesday. 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 firm has a fifty day moving average of $36.97 and a 200-day moving average of $36.29. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $39.70.

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.