British American Tobacco p.l.c. (NYSE:BTI) Stock Holdings Lifted by MQS Management LLC

MQS Management LLC lifted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 376.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,421 shares of the company’s stock after purchasing an additional 31,140 shares during the quarter. British American Tobacco comprises approximately 0.7% of MQS Management LLC’s portfolio, making the stock its 3rd biggest position. MQS Management LLC’s holdings in British American Tobacco were worth $1,219,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Heritage Wealth Advisors purchased a new position in shares of British American Tobacco during the 4th quarter worth approximately $26,000. Cape Investment Advisory Inc. raised its position in 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 in the last quarter. Larson Financial Group LLC lifted its holdings in British American Tobacco by 153.7% in the first quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock valued at $31,000 after acquiring an additional 610 shares during the period. Russell Investments Group Ltd. grew its stake in shares of British American Tobacco by 83.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock worth $35,000 after purchasing an additional 550 shares during the period. Finally, Mather Group LLC. increased its holdings in shares of British American Tobacco by 4,526.9% in the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock valued at $37,000 after purchasing an additional 1,177 shares in the last quarter. 21.44% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Down 0.4 %

BTI opened at $37.87 on Thursday. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $39.54. The business’s fifty day moving average is $36.08 and its two-hundred day moving average is $32.42. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a 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.