Sanctuary Advisors LLC Has $3.83 Million Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Sanctuary Advisors LLC raised its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 10.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,430 shares of the company’s stock after purchasing an additional 8,983 shares during the period. Sanctuary Advisors LLC’s holdings in British American Tobacco were worth $3,826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC grew its holdings in British American Tobacco by 67.7% during the third quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after purchasing an additional 2,868,675 shares during the last quarter. Natixis Advisors LLC grew its holdings in British American Tobacco by 7.7% during the third quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company’s stock valued at $105,111,000 after purchasing an additional 206,117 shares during the last quarter. ABC Arbitrage SA acquired a new position in British American Tobacco during the fourth quarter valued at approximately $31,480,000. Public Employees Retirement System of Ohio acquired a new position in British American Tobacco during the third quarter valued at approximately $28,183,000. Finally, Bridgewater Associates LP acquired a new stake in shares of British American Tobacco in the third quarter worth $27,118,000. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Trading Down 2.0 %

Shares of British American Tobacco stock opened at $37.80 on Friday. The company’s fifty day simple moving average is $37.90 and its 200-day simple moving average is $37.04. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74.

British American Tobacco Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Shareholders of record on Tuesday, December 30th will be paid a dividend of $0.7391 per share. The ex-dividend date is Tuesday, December 30th. This represents a $2.96 dividend on an annualized basis and a yield of 7.82%.

Wall Street Analyst Weigh In

BTI has been the topic of several research analyst reports. StockNews.com upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group upgraded 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.