Outfitter Advisors LTD. maintained its position in Reynolds American Inc (NYSE:RAI) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,000 shares of the company’s stock at the end of the second quarter. Outfitter Advisors LTD.’s holdings in Reynolds American were worth $390,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of RAI. Shine Investment Advisory Services Inc. acquired a new position in Reynolds American during the second quarter worth approximately $119,000. Baystate Wealth Management LLC boosted its position in Reynolds American by 1.7% in the first quarter. Baystate Wealth Management LLC now owns 3,075 shares of the company’s stock worth $197,000 after buying an additional 50 shares during the period. Parallel Advisors LLC boosted its position in Reynolds American by 21.2% in the first quarter. Parallel Advisors LLC now owns 3,065 shares of the company’s stock worth $198,000 after buying an additional 537 shares during the period. Guardian Life Insurance Co. of America boosted its position in Reynolds American by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 3,190 shares of the company’s stock worth $201,000 after buying an additional 22 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in Reynolds American during the first quarter worth approximately $202,000. 46.34% of the stock is owned by institutional investors.

Shares of Reynolds American Inc (RAI) opened at 65.40 on Friday. The firm has a 50 day moving average price of $65.27 and a 200-day moving average price of $63.85. Reynolds American Inc has a 52-week low of $43.38 and a 52-week high of $67.81.

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A number of equities analysts have recently commented on the company. Jefferies Group LLC reissued a “hold” rating and set a $60.00 price target on shares of Reynolds American in a report on Wednesday, April 26th. BidaskClub cut Reynolds American from a “buy” rating to a “hold” rating in a report on Tuesday, June 27th. Vetr upgraded Reynolds American from a “buy” rating to a “strong-buy” rating and set a $73.00 price objective on the stock in a research report on Monday, June 12th. Piper Jaffray Companies initiated coverage on Reynolds American in a research report on Thursday, May 25th. They set a “neutral” rating and a $67.00 price objective on the stock. Finally, Zacks Investment Research lowered Reynolds American from a “hold” rating to a “sell” rating in a research report on Tuesday, May 2nd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $59.82.

Reynolds American Company Profile

Reynolds American Inc (RAI) is a holding company. The Company’s segments include RJR Tobacco, which consists of the primary operations of its subsidiary, R. J. Reynolds Tobacco Company; Santa Fe, which consists of the primary operations of its subsidiary, Santa Fe Natural Tobacco Company, Inc, and American Snuff, which consists of the primary operations of its subsidiary, American Snuff Company, LLC.

Institutional Ownership by Quarter for Reynolds American (NYSE:RAI)

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