Excalibur Management Corp Boosts Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

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

A number of other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its holdings in shares of British American Tobacco by 83.8% during the 4th quarter. Russell Investments Group Ltd. now owns 1,206 shares of the company’s stock worth $35,000 after purchasing an additional 550 shares during the period. Dimensional Fund Advisors LP increased its position in shares of British American Tobacco by 4.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 887,911 shares of the company’s stock worth $26,007,000 after acquiring an additional 37,359 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of British American Tobacco by 62.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 107,884 shares of the company’s stock valued at $3,160,000 after acquiring an additional 41,464 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of British American Tobacco during the 4th quarter valued at $300,000. Finally, D.A. Davidson & CO. boosted its position in British American Tobacco by 1.7% during the 4th quarter. D.A. Davidson & CO. now owns 38,497 shares of the company’s stock worth $1,128,000 after purchasing an additional 640 shares during the period. Hedge funds and other institutional investors own 21.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered British American Tobacco from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 11th.

British American Tobacco Stock Performance

Shares of NYSE:BTI opened at $39.36 on Tuesday. The company has a 50 day moving average of $35.84 and a two-hundred day moving average of $32.32. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $39.54. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

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.