British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by MQS Management LLC

MQS Management LLC raised its stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 376.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 holdings, making the stock its 3rd biggest holding. MQS Management LLC's holdings in British American Tobacco were worth $1,219,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BTI. Heritage Wealth Advisors purchased a new position in shares of British American Tobacco in the 4th quarter worth about $26,000. Cape Investment Advisory Inc. lifted its position in British American Tobacco by 92.7% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company's stock valued at $31,000 after buying an additional 510 shares in the last quarter. Larson Financial Group LLC increased its position in shares of British American Tobacco by 153.7% in the first quarter. Larson Financial Group LLC now owns 1,007 shares of the company's stock worth $31,000 after acquiring an additional 610 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of British American Tobacco by 83.8% in the 4th quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company's stock valued at $35,000 after acquiring an additional 550 shares during the period. Finally, Mather Group LLC. lifted its holdings in shares of British American Tobacco by 4,526.9% during the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company's stock valued at $37,000 after acquiring an additional 1,177 shares in the last quarter. 21.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered British American Tobacco from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 11th.

British American Tobacco Price Performance

NYSE BTI traded down $0.32 on Thursday, reaching $37.57. The company had a trading volume of 6,817,633 shares, compared to its average volume of 4,860,797. The firm has a 50-day moving average of $36.18 and a 200-day moving average of $32.45. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $39.54. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

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.