British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. grew its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 76.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,237 shares of the company’s stock after buying an additional 1,835 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in British American Tobacco were worth $131,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Capital Research Global Investors grew its stake in shares of British American Tobacco by 38.5% during the 4th quarter. Capital Research Global Investors now owns 15,316,688 shares of the company’s stock worth $448,625,000 after purchasing an additional 4,259,548 shares during the period. Capital World Investors increased its holdings in British American Tobacco by 0.4% in the first quarter. Capital World Investors now owns 3,836,365 shares of the company’s stock valued at $117,009,000 after buying an additional 13,643 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of British American Tobacco by 29.9% during the 2nd quarter. Natixis Advisors LLC now owns 2,667,339 shares of the company’s stock valued at $82,501,000 after acquiring an additional 614,634 shares during the period. Raymond James & Associates boosted its stake in shares of British American Tobacco by 1.9% during the 2nd quarter. Raymond James & Associates now owns 2,279,765 shares of the company’s stock worth $70,513,000 after acquiring an additional 43,006 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of British American Tobacco by 4.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 887,911 shares of the company’s stock worth $26,007,000 after acquiring an additional 37,359 shares during the period. 21.44% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Price Performance

Shares of NYSE BTI opened at $37.87 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The company’s 50-day moving average price is $36.08 and its 200 day moving average price is $32.42. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $39.54.

Analyst Ratings Changes

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

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.