Ameritas Investment Partners Inc. trimmed its stake in Reynolds American, Inc. (NYSE:RAI) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,058 shares of the company’s stock after selling 362 shares during the period. Ameritas Investment Partners Inc.’s holdings in Reynolds American were worth $1,434,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Reynolds American by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 59,929,495 shares of the company’s stock worth $3,897,814,000 after purchasing an additional 1,706,536 shares during the period. BlackRock Inc. lifted 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 valued at $3,308,096,000 after acquiring an additional 4,658,748 shares during the period. State Street Corp lifted its position in Reynolds American by 0.3% during the 2nd quarter. State Street Corp now owns 33,252,559 shares of the company’s stock valued at $2,163,145,000 after acquiring an additional 109,293 shares during the period. FMR LLC lifted its position in Reynolds American by 16.0% during the 2nd quarter. FMR LLC now owns 14,053,162 shares of the company’s stock valued at $914,017,000 after acquiring an additional 1,938,819 shares during the period. Finally, Geode Capital Management LLC lifted its position in Reynolds American by 8.2% during the 1st quarter. Geode Capital Management LLC now owns 7,553,177 shares of the company’s stock valued at $475,273,000 after acquiring an additional 571,672 shares during the period. 46.34% of the stock is owned by hedge funds and other institutional investors.

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A number of research analysts recently issued reports on RAI shares. Cowen and Company reissued a “hold” rating and set a $65.00 price target on shares of Reynolds American in a research report on Tuesday, July 11th. Jefferies Group LLC set a $60.00 price target on shares of Reynolds American and gave the company a “hold” rating in a research report on Monday, July 17th. Finally, BidaskClub cut shares of Reynolds American from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Reynolds American presently has an average rating of “Hold” and an average price target of $60.50.

About Reynolds American

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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