Cambridge Investment Research Advisors Inc. boosted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,426 shares of the company’s stock after purchasing an additional 12 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in British American Tobacco p.l.c. were worth $509,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sit Investment Associates Inc. boosted its position in British American Tobacco p.l.c. by 1.3% during the second quarter. Sit Investment Associates Inc. now owns 15,694 shares of the company’s stock valued at $1,076,000 after purchasing an additional 194 shares during the last quarter. Hays Advisory LLC boosted its position in British American Tobacco p.l.c. by 5.1% during the second quarter. Hays Advisory LLC now owns 4,129 shares of the company’s stock valued at $283,000 after purchasing an additional 199 shares during the last quarter. Naples Global Advisors LLC boosted its position in British American Tobacco p.l.c. by 2.4% during the second quarter. Naples Global Advisors LLC now owns 12,560 shares of the company’s stock valued at $861,000 after purchasing an additional 300 shares during the last quarter. Bollard Group LLC boosted its position in British American Tobacco p.l.c. by 1.3% during the second quarter. Bollard Group LLC now owns 26,438 shares of the company’s stock valued at $1,812,000 after purchasing an additional 338 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in British American Tobacco p.l.c. by 1.4% during the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 26,523 shares of the company’s stock valued at $1,658,000 after purchasing an additional 363 shares during the last quarter. 4.65% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently commented on the company. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of British American Tobacco p.l.c. in a research report on Friday, August 11th. J P Morgan Chase & Co reissued an “overweight” rating on shares of British American Tobacco p.l.c. in a research report on Thursday, August 3rd. UBS AG reissued a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Tuesday, August 1st. SBG Securities raised British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Finally, Piper Jaffray Companies reissued a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Monday, July 31st. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. British American Tobacco p.l.c. presently has a consensus rating of “Buy” and a consensus price target of $69.00.

Shares of British American Tobacco p.l.c. (NYSE BTI) opened at 64.45 on Tuesday. The company has a market cap of $119.75 billion, a price-to-earnings ratio of 22.05 and a beta of 1.05. British American Tobacco p.l.c. has a 1-year low of $52.71 and a 1-year high of $73.41. The firm has a 50-day moving average price of $63.64 and a 200 day moving average price of $66.90.

The business also recently declared a None dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, August 18th will be paid a dividend of $0.728 per share. The ex-dividend date is Wednesday, August 16th. This represents a yield of 2.28%.

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About British American Tobacco p.l.c.

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Institutional Ownership by Quarter for British American Tobacco p.l.c. (NYSE:BTI)

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