Glenmede Trust Co. NA raised its position in British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 207.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,363 shares of the company’s stock after buying an additional 18,460 shares during the quarter. Glenmede Trust Co. NA’s holdings in British American Tobacco were worth $1,600,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. lifted its holdings in British American Tobacco by 1,386.7% during the fourth quarter. First Command Advisory Services Inc. now owns 446 shares of the company’s stock valued at $25,000 after purchasing an additional 416 shares during the last quarter. Glen Eagle Advisors LLC purchased a new position in British American Tobacco in the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC raised its holdings in British American Tobacco by 141.2% during the 4th quarter. Cornerstone Planning Group LLC now owns 591 shares of the company’s stock valued at $36,000 after acquiring an additional 346 shares during the period. SHP Wealth Management bought a new position in shares of British American Tobacco in the fourth quarter worth $35,000. Finally, Cary Street Partners Financial LLC purchased a new position in British American Tobacco during the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors own 16.16% of the company’s stock.
British American Tobacco Stock Performance
Shares of NYSE:BTI opened at $59.35 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.50 and a debt-to-equity ratio of 0.64. The company’s fifty day moving average is $60.86 and its 200 day moving average is $60.31. British American Tobacco p.l.c. has a 52 week low of $49.88 and a 52 week 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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