Canada Pension Plan Investment Board bought a new stake in British American Tobacco p.l.c. (NYSE:BTI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 718,366 shares of the company’s stock, valued at approximately $44,862,000.

A number of other large investors have also bought and sold shares of the business. FMR LLC boosted its holdings in British American Tobacco p.l.c. by 14.7% in the second quarter. FMR LLC now owns 27,727,365 shares of the company’s stock valued at $1,900,434,000 after purchasing an additional 3,557,549 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of British American Tobacco p.l.c. by 16.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 15,532,398 shares of the company’s stock worth $1,064,590,000 after acquiring an additional 2,181,462 shares in the last quarter. Balyasny Asset Management LLC boosted its stake in shares of British American Tobacco p.l.c. by 817.0% during the 2nd quarter. Balyasny Asset Management LLC now owns 2,330,151 shares of the company’s stock worth $159,709,000 after acquiring an additional 2,076,034 shares in the last quarter. Northern Trust Corp boosted its stake in shares of British American Tobacco p.l.c. by 0.3% during the 2nd quarter. Northern Trust Corp now owns 2,089,238 shares of the company’s stock worth $143,197,000 after acquiring an additional 7,233 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc. boosted its stake in shares of British American Tobacco p.l.c. by 1.0% during the 2nd quarter. Schafer Cullen Capital Management Inc. now owns 1,278,569 shares of the company’s stock worth $87,633,000 after acquiring an additional 12,365 shares in the last quarter. 4.80% of the stock is currently owned by institutional investors.

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Several research firms have recently issued reports on BTI. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of British American Tobacco p.l.c. in a research note on Friday, August 11th. J P Morgan Chase & Co reissued an “overweight” rating on shares of British American Tobacco p.l.c. in a research note on Thursday, August 3rd. UBS AG reaffirmed a “buy” rating on shares of British American Tobacco p.l.c. in a research note on Tuesday, August 1st. SBG Securities raised shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Piper Jaffray Companies reaffirmed a “buy” rating on shares of British American Tobacco p.l.c. in a research note on Monday, July 31st. One analyst has rated the stock with a hold rating and nine have given a buy rating to the company. British American Tobacco p.l.c. has an average rating of “Buy” and a consensus price target of $69.00.

British American Tobacco p.l.c. (NYSE:BTI) opened at $65.35 on Friday. British American Tobacco p.l.c. has a 12 month low of $52.71 and a 12 month high of $73.41. The company has a quick ratio of 0.48, a current ratio of 0.87 and a debt-to-equity ratio of 1.91.

British American Tobacco p.l.c. Profile

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Institutional Ownership by Quarter for British American Tobacco p.l.c. (NYSE:BTI)

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