Crossmark Global Holdings Inc. acquired a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 54,094 shares of the company’s stock, valued at approximately $3,378,000.

Several other institutional investors and hedge funds also recently made changes to their positions in BTI. FMR LLC grew its holdings in shares of British American Tobacco p.l.c. by 14.7% during the second quarter. FMR LLC now owns 27,727,365 shares of the company’s stock valued at $1,900,434,000 after buying an additional 3,557,549 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of British American Tobacco p.l.c. by 16.3% during the second quarter. Goldman Sachs Group Inc. now owns 15,532,398 shares of the company’s stock valued at $1,064,590,000 after buying an additional 2,181,462 shares during the last quarter. Balyasny Asset Management LLC grew its holdings in shares of British American Tobacco p.l.c. by 817.0% during the second quarter. Balyasny Asset Management LLC now owns 2,330,151 shares of the company’s stock valued at $159,709,000 after buying an additional 2,076,034 shares during the last quarter. APG Asset Management N.V. purchased a new stake in shares of British American Tobacco p.l.c. during the third quarter valued at $41,876,000. Finally, State Treasurer State of Michigan purchased a new stake in shares of British American Tobacco p.l.c. during the third quarter valued at $24,588,000. 4.80% of the stock is currently owned by hedge funds and other institutional investors.

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

BTI has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Monday, August 28th. Cowen and Company raised shares of British American Tobacco p.l.c. from a “market perform” rating to an “outperform” rating in a report on Tuesday, September 26th. SBG Securities raised shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Goldman Sachs Group, Inc. (The) upgraded shares of British American Tobacco p.l.c. from a “neutral” rating to a “buy” rating in a research report on Monday, October 9th. Finally, Investec upgraded shares of British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. British American Tobacco p.l.c. currently has an average rating of “Buy” and a consensus price target of $69.00.

British American Tobacco p.l.c. Company 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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