British American Tobacco (NYSE:BTI) Sees Large Volume Increase

British American Tobacco p.l.c. (NYSE:BTI) saw unusually-high trading volume on Tuesday . Approximately 5,693,618 shares traded hands during trading, an increase of 18% from the previous session’s volume of 4,814,149 shares.The stock last traded at $34.53 and had previously closed at $35.00.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of British American Tobacco from a “buy” rating to a “strong-buy” rating in a research report on Saturday.

British American Tobacco Stock Down 0.2 %

The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company has a 50-day moving average price of $32.23 and a two-hundred day moving average price of $30.82.

Institutional Trading of British American Tobacco

Large investors have recently bought and sold shares of the company. Atria Investments Inc boosted its holdings in shares of British American Tobacco by 19.5% in the 1st quarter. Atria Investments Inc now owns 74,416 shares of the company’s stock valued at $2,270,000 after buying an additional 12,150 shares during the period. GAMMA Investing LLC boosted its position in British American Tobacco by 79.3% during the 1st quarter. GAMMA Investing LLC now owns 2,085 shares of the company’s stock worth $64,000 after acquiring an additional 922 shares during the period. Russell Investments Group Ltd. grew its stake in shares of British American Tobacco by 131.8% in the first quarter. Russell Investments Group Ltd. now owns 2,796 shares of the company’s stock worth $85,000 after purchasing an additional 1,590 shares in the last quarter. ORG Partners LLC bought a new stake in shares of British American Tobacco during the first quarter valued at about $732,000. Finally, Clarius Group LLC lifted its stake in shares of British American Tobacco by 40.3% in the 4th quarter. Clarius Group LLC now owns 13,066 shares of the company’s stock worth $383,000 after acquiring an additional 3,752 shares during the period. Institutional investors and hedge funds own 21.44% of the company’s stock.

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.