Pentwater Capital Management LP grew its position in shares of Reynolds American, Inc. (NYSE:RAI) by 0.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,106,365 shares of the company’s stock after buying an additional 5,523 shares during the quarter. Reynolds American accounts for 2.9% of Pentwater Capital Management LP’s investment portfolio, making the stock its 5th largest holding. Pentwater Capital Management LP’s holdings in Reynolds American were worth $332,118,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Louisiana State Employees Retirement System raised its position in Reynolds American by 1.0% during the 2nd quarter. Louisiana State Employees Retirement System now owns 51,300 shares of the company’s stock worth $3,337,000 after buying an additional 500 shares during the last quarter. BlackRock Inc. raised its position in Reynolds American by 10.1% during the 2nd quarter. BlackRock Inc. now owns 50,862,470 shares of the company’s stock worth $3,308,096,000 after buying an additional 4,658,748 shares during the last quarter. Motco raised its position in Reynolds American by 549.7% during the 2nd quarter. Motco now owns 1,962 shares of the company’s stock worth $128,000 after buying an additional 1,660 shares during the last quarter. Waldron LP raised its position in Reynolds American by 1.4% during the 1st quarter. Waldron LP now owns 21,417 shares of the company’s stock worth $1,349,000 after buying an additional 294 shares during the last quarter. Finally, Aviva PLC raised its position in Reynolds American by 1.1% during the 2nd quarter. Aviva PLC now owns 519,739 shares of the company’s stock worth $33,804,000 after buying an additional 5,440 shares during the last quarter. Institutional investors own 46.34% of the company’s stock.

A number of equities analysts have commented on the stock. Jefferies Group LLC set a $60.00 price objective on shares of Reynolds American and gave the stock a “hold” rating in a research report on Friday, August 25th. BidaskClub downgraded shares of Reynolds American from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Vetr upgraded shares of Reynolds American from a “buy” rating to a “strong-buy” rating and set a $73.00 price objective for the company in a research report on Monday, June 12th. Finally, Cowen and Company restated a “hold” rating and set a $65.00 price objective on shares of Reynolds American in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Reynolds American presently has a consensus rating of “Hold” and a consensus price target of $59.82.

Reynolds American, Inc. (NYSE RAI) traded down 2.23% during trading on Thursday, hitting $65.40. 159,452,032 shares of the stock were exchanged. The stock’s 50 day moving average is $65.25 and its 200-day moving average is $64.00. Reynolds American, Inc. has a one year low of $43.38 and a one year high of $67.81.

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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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