British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. grew its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 23.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 28,822 shares of the company’s stock after purchasing an additional 5,461 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in British American Tobacco were worth $892,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BTI. MQS Management LLC grew its stake in shares of British American Tobacco by 376.0% in the second quarter. MQS Management LLC now owns 39,421 shares of the company’s stock worth $1,219,000 after acquiring an additional 31,140 shares in the last quarter. Optimist Retirement Group LLC grew its stake in British American Tobacco by 9.0% during the 2nd quarter. Optimist Retirement Group LLC now owns 63,866 shares of the company’s stock worth $1,975,000 after purchasing an additional 5,263 shares in the last quarter. Altrius Capital Management Inc increased its holdings in British American Tobacco by 3.0% during the 2nd quarter. Altrius Capital Management Inc now owns 243,676 shares of the company’s stock worth $7,537,000 after purchasing an additional 7,120 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of British American Tobacco by 7.9% in the 2nd quarter. First Eagle Investment Management LLC now owns 779,478 shares of the company’s stock valued at $24,109,000 after buying an additional 57,016 shares during the period. Finally, Seven Eight Capital LP acquired a new position in shares of British American Tobacco during the second quarter worth about $2,442,000. 21.44% of the stock is owned by hedge funds and other institutional investors.

British American Tobacco Stock Up 1.2 %

British American Tobacco stock opened at $37.90 on Tuesday. The stock has a market cap of $84.17 billion, a PE ratio of 7.83, a P/E/G ratio of 2.04 and a beta of 0.52. 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 stock’s fifty day moving average is $36.39 and its two-hundred day moving average is $32.61. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $39.54.

Analyst Ratings Changes

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