Cambridge Investment Research Advisors Inc. raised its position in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 8.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,648 shares of the company’s stock after acquiring an additional 8,247 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in British American Tobacco were worth $3,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Atria Wealth Solutions Inc. raised its holdings in shares of British American Tobacco by 85.4% during the 4th quarter. Atria Wealth Solutions Inc. now owns 21,908 shares of the company’s stock worth $883,000 after acquiring an additional 10,091 shares in the last quarter. Whittier Trust Co. increased its position in shares of British American Tobacco by 11.9% during the 1st quarter. Whittier Trust Co. now owns 22,948 shares of the company’s stock valued at $806,000 after purchasing an additional 2,449 shares during the last quarter. Perpetual Ltd bought a new position in shares of British American Tobacco during the 1st quarter valued at approximately $1,349,000. Valeo Financial Advisors LLC increased its position in shares of British American Tobacco by 31.6% during the 1st quarter. Valeo Financial Advisors LLC now owns 14,452 shares of the company’s stock valued at $508,000 after purchasing an additional 3,468 shares during the last quarter. Finally, Hennessy Advisors Inc. increased its position in shares of British American Tobacco by 11.9% during the 1st quarter. Hennessy Advisors Inc. now owns 157,700 shares of the company’s stock valued at $5,538,000 after purchasing an additional 16,800 shares during the last quarter. 7.56% of the stock is owned by hedge funds and other institutional investors.
British American Tobacco Trading Down 0.6 %
Shares of British American Tobacco stock opened at $31.85 on Thursday. British American Tobacco p.l.c. has a 52 week low of $31.62 and a 52 week high of $42.36. The company has a quick ratio of 0.58, a current ratio of 0.93 and a debt-to-equity ratio of 0.51. The stock’s fifty day moving average is $32.97 and its two-hundred day moving average is $33.84.
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British American Tobacco Profile
British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It offers vapour, tobacco heating, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.
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