Cwm LLC Raises Position in British American Tobacco p.l.c. (NYSE:BTI)

Cwm LLC raised its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 8.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,889 shares of the company’s stock after purchasing an additional 1,244 shares during the period. Cwm LLC’s holdings in British American Tobacco were worth $485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Heritage Wealth Advisors purchased a new stake in shares of British American Tobacco in the fourth quarter worth approximately $26,000. Parkside Financial Bank & Trust raised its holdings in shares of British American Tobacco by 308.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 940 shares of the company’s stock worth $28,000 after buying an additional 710 shares during the period. HBC Financial Services PLLC purchased a new stake in shares of British American Tobacco in the fourth quarter worth approximately $29,000. CoreFirst Bank & Trust raised its holdings in shares of British American Tobacco by 297.1% in the third quarter. CoreFirst Bank & Trust now owns 945 shares of the company’s stock worth $30,000 after buying an additional 707 shares during the period. Finally, Cape Investment Advisory Inc. raised its holdings in shares of British American Tobacco by 92.7% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company’s stock worth $31,000 after buying an additional 510 shares during the period. 21.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a report on Monday, May 6th.

British American Tobacco Stock Up 0.7 %

BTI opened at $31.71 on Friday. The stock’s fifty day moving average is $30.40 and its two-hundred day moving average is $30.08. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $34.28. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, 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.