AlphaMark Advisors LLC Increases Holdings in British American Tobacco p.l.c. (NYSE:BTI)

AlphaMark Advisors LLC increased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 65.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,617 shares of the company’s stock after purchasing an additional 2,231 shares during the period. AlphaMark Advisors LLC’s holdings in British American Tobacco were worth $174,000 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 business. 1832 Asset Management L.P. boosted its position in British American Tobacco by 4.2% during the 1st quarter. 1832 Asset Management L.P. now owns 8,969 shares of the company’s stock worth $274,000 after purchasing an additional 363 shares during the period. Intrust Bank NA raised its stake in shares of British American Tobacco by 3.5% in the 4th quarter. Intrust Bank NA now owns 11,347 shares of the company’s stock valued at $332,000 after purchasing an additional 380 shares in the last quarter. Gallacher Capital Management LLC raised its stake in shares of British American Tobacco by 3.8% in the 1st quarter. Gallacher Capital Management LLC now owns 11,100 shares of the company’s stock valued at $339,000 after purchasing an additional 402 shares in the last quarter. Dearborn Partners LLC raised its stake in shares of British American Tobacco by 5.0% in the 1st quarter. Dearborn Partners LLC now owns 8,853 shares of the company’s stock valued at $270,000 after purchasing an additional 425 shares in the last quarter. Finally, Moody National Bank Trust Division raised its stake in shares of British American Tobacco by 6.3% in the 1st quarter. Moody National Bank Trust Division now owns 7,802 shares of the company’s stock valued at $238,000 after purchasing an additional 465 shares in the last quarter. 21.44% of the stock is owned by hedge funds and other institutional investors.

British American Tobacco Stock Performance

Shares of NYSE:BTI traded down $0.16 during trading on Friday, reaching $35.84. 693,795 shares of the company’s stock traded hands, compared to its average volume of 4,909,025. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $36.45. The company has a 50 day moving average of $33.01 and a 200-day moving average of $31.15. The stock has a market capitalization of $79.60 billion, a P/E ratio of 7.41, a price-to-earnings-growth ratio of 1.88 and a beta of 0.52.

Analyst Ratings Changes

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

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.