British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 12.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 39,995 shares of the company’s stock after buying an additional 4,493 shares during the quarter. Private Advisor Group LLC’s holdings in British American Tobacco were worth $1,453,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Fingerlakes Wealth Management Inc. grew its position in British American Tobacco by 13.1% during the 4th quarter. Fingerlakes Wealth Management Inc. now owns 6,383 shares of the company’s stock worth $232,000 after purchasing an additional 738 shares in the last quarter. Venturi Wealth Management LLC grew its position in British American Tobacco by 4.8% during the 4th quarter. Venturi Wealth Management LLC now owns 13,423 shares of the company’s stock worth $488,000 after purchasing an additional 618 shares in the last quarter. D.A. Davidson & CO. grew its position in British American Tobacco by 5.0% during the 4th quarter. D.A. Davidson & CO. now owns 47,728 shares of the company’s stock worth $1,734,000 after purchasing an additional 2,257 shares in the last quarter. Sanctuary Advisors LLC grew its position in British American Tobacco by 10.3% during the 4th quarter. Sanctuary Advisors LLC now owns 96,430 shares of the company’s stock worth $3,826,000 after purchasing an additional 8,983 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC grew its position in British American Tobacco by 14.2% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 8,024 shares of the company’s stock worth $291,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Stock Up 0.8 %

BTI stock opened at $38.88 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The company has a fifty day simple moving average of $37.97 and a 200 day simple moving average of $37.11. The firm has a market cap of $80.62 billion, a PE ratio of 7.98 and a beta of 0.53.

British American Tobacco Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 28th will be paid a $0.7491 dividend. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco’s payout ratio is presently 60.57%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BTI shares. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th. StockNews.com upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th.

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.