Excalibur Management Corp Raises Stake in British American Tobacco p.l.c. (NYSE:BTI)

Excalibur Management Corp lifted its stake in British American Tobacco p.l.c. (NYSE:BTI) by 6.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,132 shares of the company’s stock after purchasing an additional 626 shares during the period. Excalibur Management Corp’s holdings in British American Tobacco were worth $344,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in BTI. Atria Investments Inc boosted its stake in shares of British American Tobacco by 19.5% during the 1st quarter. Atria Investments Inc now owns 74,416 shares of the company’s stock worth $2,270,000 after acquiring an additional 12,150 shares in the last quarter. GAMMA Investing LLC boosted its position in British American Tobacco by 79.3% during the first quarter. GAMMA Investing LLC now owns 2,085 shares of the company’s stock worth $64,000 after purchasing an additional 922 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of British American Tobacco by 131.8% in the first quarter. Russell Investments Group Ltd. now owns 2,796 shares of the company’s stock valued at $85,000 after buying an additional 1,590 shares in the last quarter. ORG Partners LLC acquired a new position in shares of British American Tobacco during the 1st quarter worth $732,000. Finally, 1832 Asset Management L.P. boosted its position in shares of British American Tobacco by 4.2% in the 1st quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock worth $274,000 after buying an additional 363 shares in the last quarter. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Stock Up 0.5 %

Shares of NYSE BTI opened at $39.36 on Tuesday. The company has a 50-day simple moving average of $35.84 and a 200-day simple moving average of $32.32. The company has a current ratio of 0.88, a quick ratio of 0.58 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $39.54.

Analyst Upgrades and Downgrades

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