Centaurus Financial Inc. trimmed its position in British American Tobacco p.l.c. (NYSE:BTI – Get Rating) by 17.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,904 shares of the company's stock after selling 810 shares during the period. Centaurus Financial Inc.'s holdings in British American Tobacco were worth $168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Lincoln National Corp increased its position in shares of British American Tobacco by 39.2% in the 2nd quarter. Lincoln National Corp now owns 10,570 shares of the company's stock valued at $454,000 after acquiring an additional 2,978 shares during the period. First Horizon Advisors Inc. boosted its holdings in British American Tobacco by 766.3% in the second quarter. First Horizon Advisors Inc. now owns 2,495 shares of the company's stock valued at $106,000 after purchasing an additional 2,207 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in British American Tobacco by 33.6% in the second quarter. Lindbrook Capital LLC now owns 3,184 shares of the company's stock valued at $137,000 after purchasing an additional 800 shares during the last quarter. Parallel Advisors LLC boosted its holdings in British American Tobacco by 5.9% in the second quarter. Parallel Advisors LLC now owns 5,487 shares of the company's stock valued at $235,000 after purchasing an additional 308 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in British American Tobacco by 51.9% in the second quarter. EverSource Wealth Advisors LLC now owns 7,010 shares of the company's stock valued at $300,000 after purchasing an additional 2,394 shares during the last quarter. 6.70% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Stock Up 0.6 %

BTI stock opened at $37.30 on Monday. The company's 50-day simple moving average is $38.77 and its 200-day simple moving average is $40.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.88 and a quick ratio of 0.52. British American Tobacco p.l.c. has a 52-week low of $33.62 and a 52-week high of $47.24.

Analyst Upgrades and Downgrades

British American Tobacco Profile

(Get Rating)

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible products; and traditional oral products, such as snus and moist snuff. The company offers its products under the Kent, Dunhill, Lucky Strike, Pall Mall, Rothmans, Camel, Newport, Natural American Spirit, being Vapour, THP, and Modern Oral brands.

See Also

• Get a free copy of the StockNews.com research report on British American Tobacco (BTI)
• Time to Hit Up Hasbro Stock for the Holiday Season
• Should Proctor and Gamble be a Staple in Your Portfolio?
• 3 Fundamentally Sound Mid-Caps to Keep on the Watch List
• Leveraged ETFs, A Bad Investment But Great for Trading
• Should Investors Raise a Glass to Boston Beer Company?

Want to see what other hedge funds are holding BTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for British American Tobacco p.l.c. (NYSE:BTI – Get Rating).

Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.