British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. grew its position in British American Tobacco p.l.c. (NYSE:BTIFree Report) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,441 shares of the company’s stock after purchasing an additional 1,684 shares during the period. Crossmark Global Holdings Inc.’s holdings in British American Tobacco were worth $745,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BTI. Stifel Financial Corp boosted its stake in shares of British American Tobacco by 5.8% in the third quarter. Stifel Financial Corp now owns 554,070 shares of the company’s stock worth $17,403,000 after buying an additional 30,238 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of British American Tobacco by 1,466.5% in the fourth quarter. SG Americas Securities LLC now owns 98,812 shares of the company’s stock worth $2,894,000 after buying an additional 92,504 shares during the last quarter. QRG Capital Management Inc. purchased a new stake in shares of British American Tobacco in the third quarter worth about $4,036,000. Belpointe Asset Management LLC purchased a new stake in shares of British American Tobacco in the third quarter worth about $1,487,000. Finally, ICICI Prudential Asset Management Co Ltd boosted its stake in shares of British American Tobacco by 40.1% in the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 1,394,129 shares of the company’s stock worth $40,834,000 after buying an additional 399,359 shares during the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com downgraded British American Tobacco from a “buy” rating to a “hold” rating in a research report on Monday, May 6th.

Check Out Our Latest Stock Analysis on British American Tobacco

British American Tobacco Stock Performance

Shares of BTI stock opened at $30.73 on Tuesday. The business’s 50 day moving average is $30.14 and its two-hundred day moving average is $30.13. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $34.28.

About British American Tobacco

(Free Report)

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.

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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