Mosley Wealth Management raised its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 6.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,111 shares of the company’s stock after purchasing an additional 907 shares during the period. Mosley Wealth Management’s holdings in British American Tobacco were worth $467,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of BTI. Heritage Wealth Advisors bought a new stake in shares of British American Tobacco during the 4th quarter valued at about $26,000. Larson Financial Group LLC lifted its holdings in shares of British American Tobacco by 153.7% in the 1st quarter. Larson Financial Group LLC now owns 1,007 shares of the company’s stock worth $31,000 after purchasing an additional 610 shares during the last quarter. Cape Investment Advisory Inc. boosted its position in British American Tobacco by 92.7% during the 4th quarter. Cape Investment Advisory Inc. now owns 1,060 shares of the company’s stock valued at $31,000 after purchasing an additional 510 shares during the period. Mather Group LLC. grew its stake in British American Tobacco by 4,526.9% during the 2nd quarter. Mather Group LLC. now owns 1,203 shares of the company’s stock worth $37,000 after buying an additional 1,177 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in British American Tobacco by 83.8% in the fourth quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock valued at $35,000 after buying an additional 550 shares during the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com cut shares of British American Tobacco from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 11th.
British American Tobacco Trading Up 0.8 %
Shares of NYSE:BTI traded up $0.32 on Friday, hitting $38.61. The company’s stock had a trading volume of 5,227,137 shares, compared to its average volume of 4,822,674. 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 $38.68. The stock’s 50-day moving average is $34.90 and its two-hundred day moving average is $31.92.
British American Tobacco Company 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.
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