Altrius Capital Management Inc Grows Position in British American Tobacco p.l.c. (NYSE:BTI)

Altrius Capital Management Inc grew its stake in British American Tobacco p.l.c. (NYSE:BTI) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,676 shares of the company’s stock after buying an additional 7,120 shares during the quarter. British American Tobacco makes up 2.0% of Altrius Capital Management Inc’s portfolio, making the stock its 16th biggest holding. Altrius Capital Management Inc’s holdings in British American Tobacco were worth $7,537,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Heritage Wealth Advisors purchased a new position in shares of British American Tobacco during the 4th quarter valued at $26,000. Cape Investment Advisory Inc. boosted its stake 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 acquiring an additional 510 shares during the period. Larson Financial Group LLC grew its position in shares of British American Tobacco by 153.7% during the first quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock worth $31,000 after purchasing an additional 610 shares in the last quarter. Russell Investments Group Ltd. raised its stake in British American Tobacco by 83.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock valued at $35,000 after purchasing an additional 550 shares during the period. Finally, Mather Group LLC. lifted its holdings in British American Tobacco by 4,526.9% in the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock worth $37,000 after purchasing an additional 1,177 shares in the last quarter. Institutional investors own 21.44% of the company’s stock.

British American Tobacco Stock Performance

BTI opened at $37.87 on Thursday. The firm has a 50-day simple moving average of $36.08 and a two-hundred day simple moving average of $32.42. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $39.54.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 11th.

British American Tobacco Profile

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.