O Shaughnessy Asset Management LLC lessened its stake in British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 5.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 487,143 shares of the company’s stock after selling 27,313 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in British American Tobacco were worth $27,582,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of British American Tobacco by 35.2% in the 1st quarter. AQR Capital Management LLC now owns 27,914 shares of the company’s stock worth $1,155,000 after purchasing an additional 7,270 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of British American Tobacco by 42.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,455 shares of the company’s stock valued at $400,000 after buying an additional 2,521 shares in the last quarter. Rhumbline Advisers lifted its position in British American Tobacco by 10.2% in the 2nd quarter. Rhumbline Advisers now owns 6,017 shares of the company’s stock worth $285,000 after buying an additional 559 shares during the last quarter. Baird Financial Group Inc. lifted its position in British American Tobacco by 58.6% in the 2nd quarter. Baird Financial Group Inc. now owns 14,853 shares of the company’s stock worth $703,000 after buying an additional 5,486 shares during the last quarter. Finally, Brown Advisory Inc. boosted its stake in British American Tobacco by 5.4% in the second quarter. Brown Advisory Inc. now owns 15,967 shares of the company’s stock worth $756,000 after buying an additional 816 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.
British American Tobacco Trading Up 0.1%
NYSE:BTI opened at $59.80 on Tuesday. The company has a current ratio of 0.87, a quick ratio of 0.57 and a debt-to-equity ratio of 0.66. The firm’s fifty day simple moving average is $60.14 and its 200 day simple moving average is $59.05. British American Tobacco p.l.c. has a twelve month low of $46.38 and a twelve month high of $67.30.
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British American Tobacco Company Profile
British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.
BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.
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