First Eagle Investment Management LLC Has $24.11 Million Stake in British American Tobacco p.l.c. (NYSE:BTI)

First Eagle Investment Management LLC raised its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 7.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 779,478 shares of the company’s stock after purchasing an additional 57,016 shares during the quarter. First Eagle Investment Management LLC’s holdings in British American Tobacco were worth $24,109,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

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

British American Tobacco Stock Performance

British American Tobacco stock opened at $37.87 on Thursday. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $39.54. The company’s 50 day moving average price is $36.08 and its two-hundred day moving average price is $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 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.