Commons Capital LLC Has $643,000 Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Commons Capital LLC increased its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 92.6% during the second quarter, Holdings Channel reports. The institutional investor owned 20,803 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. British American Tobacco comprises 0.8% of Commons Capital LLC’s holdings, making the stock its 28th biggest position. Commons Capital LLC’s holdings in British American Tobacco were worth $643,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BTI. Russell Investments Group Ltd. increased its holdings in shares of 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 purchasing an additional 550 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of British American Tobacco by 312.1% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 26,074 shares of the company’s stock valued at $764,000 after purchasing an additional 19,747 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $262,000. Axxcess Wealth Management LLC increased its holdings in shares of British American Tobacco by 72.2% in the fourth quarter. Axxcess Wealth Management LLC now owns 20,308 shares of the company’s stock valued at $595,000 after purchasing an additional 8,517 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of British American Tobacco by 3.3% in the fourth quarter. National Bank of Canada FI now owns 132,390 shares of the company’s stock valued at $3,943,000 after purchasing an additional 4,268 shares in the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Stock Performance

BTI opened at $38.57 on Thursday. The company has a fifty day moving average price of $34.62 and a two-hundred day moving average price of $31.82. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $38.57.

Analyst Ratings Changes

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

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.