British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Independent Advisor Alliance

Independent Advisor Alliance increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 9.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,551 shares of the company’s stock after purchasing an additional 1,614 shares during the period. Independent Advisor Alliance’s holdings in British American Tobacco were worth $710,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. grew its holdings in British American Tobacco by 294.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after buying an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in British American Tobacco in the fourth quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in British American Tobacco during the fourth quarter worth approximately $34,000. Cullen Frost Bankers Inc. raised its stake in British American Tobacco by 334.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock worth $40,000 after purchasing an additional 846 shares during the period. Finally, ORG Partners LLC grew its stake in shares of British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after buying an additional 299 shares during the period. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Price Performance

British American Tobacco stock opened at $41.40 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $85.85 billion, a P/E ratio of 8.50 and a beta of 0.50. The firm has a fifty day moving average of $38.90 and a 200-day moving average of $37.44. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $42.74.

British American Tobacco Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.