British American Tobacco p.l.c. (NYSE:BTI) Position Increased by Allworth Financial LP

Allworth Financial LP raised its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 86.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,997 shares of the company’s stock after buying an additional 2,315 shares during the period. Allworth Financial LP’s holdings in British American Tobacco were worth $183,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in BTI. Versant Capital Management Inc bought a new stake in British American Tobacco during the fourth quarter worth approximately $34,000. ORG Partners LLC boosted its stake in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares during the period. Kieckhefer Group LLC acquired a new position in British American Tobacco in the 4th quarter worth approximately $44,000. Creative Financial Designs Inc. ADV boosted its stake in British American Tobacco by 153.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after purchasing an additional 753 shares during the period. Finally, Continuum Advisory LLC boosted its stake in British American Tobacco by 122.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock worth $48,000 after purchasing an additional 748 shares during the period. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Stock Down 2.0 %

BTI stock opened at $37.80 on Friday. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $42.74. 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 company has a market cap of $78.38 billion, a price-to-earnings ratio of 7.76 and a beta of 0.53. The company has a 50 day moving average of $37.90 and a two-hundred day moving average of $37.05.

British American Tobacco Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Tuesday, December 30th will be given a $0.7391 dividend. The ex-dividend date is Tuesday, December 30th. This represents a $2.96 dividend on an annualized basis and a yield of 7.82%. British American Tobacco’s payout ratio is 59.14%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th.

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.