British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC increased its stake in British American Tobacco p.l.c. (NYSE:BTI) by 40.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,755 shares of the company’s stock after purchasing an additional 2,231 shares during the period. Steward Partners Investment Advisory LLC’s holdings in British American Tobacco were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Prime Capital Investment Advisors LLC raised its position in British American Tobacco by 7.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 8,222 shares of the company’s stock worth $301,000 after buying an additional 538 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in British American Tobacco by 35.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock worth $7,599,000 after buying an additional 54,555 shares during the last quarter. Natixis Advisors LLC raised its position in British American Tobacco by 7.7% during the 3rd quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company’s stock worth $105,111,000 after buying an additional 206,117 shares during the last quarter. Atlanta Consulting Group Advisors LLC purchased a new position in British American Tobacco during the 3rd quarter worth approximately $499,000. Finally, Thrivent Financial for Lutherans raised its position in British American Tobacco by 46.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 24,262 shares of the company’s stock worth $887,000 after buying an additional 7,686 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Stock Performance

BTI opened at $41.40 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a fifty day moving average price of $38.90 and a 200 day moving average price of $37.44. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The stock has a market cap of $85.85 billion, a P/E ratio of 8.50 and a beta of 0.50.

British American Tobacco Dividend Announcement

The company also recently announced 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 is Friday, March 28th. British American Tobacco’s dividend payout ratio is currently 60.57%.

Wall Street Analyst Weigh In

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

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.