Insight Folios Inc Raises Stake in British American Tobacco p.l.c. (NYSE:BTI)

Insight Folios Inc grew its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 10.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 162,043 shares of the company’s stock after purchasing an additional 15,219 shares during the quarter. Insight Folios Inc’s holdings in British American Tobacco were worth $4,942,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC boosted its stake in shares of British American Tobacco by 1,466.5% during the fourth quarter. SG Americas Securities LLC now owns 98,812 shares of the company’s stock valued at $2,894,000 after purchasing an additional 92,504 shares during the period. Belpointe Asset Management LLC bought a new stake in shares of British American Tobacco in the third quarter valued at about $1,487,000. ICICI Prudential Asset Management Co Ltd raised its holdings in shares of British American Tobacco by 40.1% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 1,394,129 shares of the company’s stock valued at $40,834,000 after acquiring an additional 399,359 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of British American Tobacco by 79.3% in the first quarter. GAMMA Investing LLC now owns 2,085 shares of the company’s stock valued at $64,000 after acquiring an additional 922 shares in the last quarter. Finally, Clarius Group LLC raised its holdings in shares of British American Tobacco by 40.3% in the fourth quarter. Clarius Group LLC now owns 13,066 shares of the company’s stock valued at $383,000 after acquiring an additional 3,752 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 downgraded British American Tobacco from a “buy” rating to a “hold” rating in a report on Monday, May 6th.

British American Tobacco Stock Up 1.1 %

Shares of BTI stock traded up $0.34 on Thursday, hitting $31.41. The stock had a trading volume of 2,119,040 shares, compared to its average volume of 4,229,556. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91. The business has a 50 day moving average price of $30.81 and a 200 day moving average price of $30.20. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $34.28.

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.