Thompson Davis & CO. Inc. raised its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 426.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,911 shares of the company’s stock after buying an additional 1,548 shares during the quarter. Thompson Davis & CO. Inc.’s holdings in British American Tobacco p.l.c. were worth $119,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bbva Compass Bancshares Inc. purchased a new position in shares of British American Tobacco p.l.c. in the 3rd quarter valued at approximately $271,000. Tocqueville Asset Management L.P. purchased a new position in shares of British American Tobacco p.l.c. in the 3rd quarter valued at approximately $26,066,000. IFP Advisors Inc raised its position in shares of British American Tobacco p.l.c. by 750.6% in the 3rd quarter. IFP Advisors Inc now owns 26,684 shares of the company’s stock valued at $1,666,000 after purchasing an additional 23,547 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of British American Tobacco p.l.c. in the 3rd quarter valued at approximately $44,862,000. Finally, Community Bank N.A. raised its position in shares of British American Tobacco p.l.c. by 2,579.5% in the 3rd quarter. Community Bank N.A. now owns 2,090 shares of the company’s stock valued at $131,000 after purchasing an additional 2,012 shares during the last quarter. 4.80% of the stock is owned by institutional investors and hedge funds.

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Several equities analysts recently commented on the stock. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating on shares of British American Tobacco p.l.c. in a research report 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 report on Thursday, August 3rd. UBS AG reissued a “buy” rating on shares of British American Tobacco p.l.c. in a research report 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 report on Monday, July 31st. Finally, Piper Jaffray Companies reissued a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Monday, July 31st. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. British American Tobacco p.l.c. currently has an average rating of “Buy” and an average target price of $69.00.

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).

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

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