British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. boosted its position in British American Tobacco p.l.c. (NYSE:BTI) by 312.1% in the 4th quarter, Holdings Channel reports. The firm owned 26,074 shares of the company’s stock after acquiring an additional 19,747 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in British American Tobacco were worth $764,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Stifel Financial Corp lifted its position in British American Tobacco by 5.8% during 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 in the last quarter. SG Americas Securities LLC boosted its position in shares of British American Tobacco by 1,466.5% during the 4th quarter. SG Americas Securities LLC now owns 98,812 shares of the company’s stock valued at $2,894,000 after acquiring 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 valued at about $4,036,000. Belpointe Asset Management LLC acquired a new stake in British American Tobacco during the third quarter worth about $1,487,000. Finally, ICICI Prudential Asset Management Co Ltd raised its stake in British American Tobacco by 40.1% during 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 purchasing an additional 399,359 shares during the period. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Price Performance

NYSE BTI opened at $29.95 on Wednesday. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $35.85. The stock has a fifty day simple moving average of $29.77 and a 200-day simple moving average of $30.09. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Friday, December 20th will be given a dividend of $0.7431 per share. The ex-dividend date of this dividend is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 9.92%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a report on Monday.

British American Tobacco 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.