British American Tobacco (NYSE:BTI) Hits New 12-Month High at $36.18

British American Tobacco p.l.c. (NYSE:BTI) shares hit a new 52-week high on Thursday . The stock traded as high as $36.18 and last traded at $35.96, with a volume of 3306974 shares trading hands. The stock had previously closed at $35.64.

Analyst Ratings Changes

Separately, StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Friday, July 26th.

British American Tobacco Trading Up 0.3 %

The company’s 50 day moving average is $31.92 and its 200 day moving average is $30.69. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BTI. 1832 Asset Management L.P. grew its holdings 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 acquiring an additional 363 shares in the last quarter. Intrust Bank NA grew its holdings in British American Tobacco by 3.5% during the 4th quarter. Intrust Bank NA now owns 11,347 shares of the company’s stock worth $332,000 after acquiring an additional 380 shares in the last quarter. Gallacher Capital Management LLC grew its holdings in British American Tobacco by 3.8% during the 1st quarter. Gallacher Capital Management LLC now owns 11,100 shares of the company’s stock worth $339,000 after acquiring an additional 402 shares in the last quarter. Dearborn Partners LLC grew its holdings in British American Tobacco by 5.0% during the 1st quarter. Dearborn Partners LLC now owns 8,853 shares of the company’s stock worth $270,000 after acquiring an additional 425 shares in the last quarter. Finally, Moody National Bank Trust Division grew its holdings in British American Tobacco by 6.3% during the 1st quarter. Moody National Bank Trust Division now owns 7,802 shares of the company’s stock worth $238,000 after acquiring an additional 465 shares in the last quarter. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Company 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.