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flag Meridian Investment Counsel and O Shaughnessy Asset Management increased their holdings in British American Tobacco, with analysts upgrading the stock to "buy."

flag Meridian Investment Counsel Inc. increased its holdings in British American Tobacco (BTI) by 1.5% in Q4, now owning 58,737 shares, according to its 13F filing. flag BTI's stock opened at $40.53 on Monday, with a market cap of $83.94 billion, a PE ratio of 8.32, and a beta of 0.50. flag O Shaughnessy Asset Management LLC also increased its BTI shares by 1.6%, and both StockNews.com and UBS upgraded BTI to a "buy" rating.

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