Personal CFO Solutions LLC increased its position in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 5.7% in the 4th quarter, HoldingsChannel reports. The fund owned 7,134 shares of the company’s stock after acquiring an additional 384 shares during the period. Personal CFO Solutions LLC’s holdings in British American Tobacco were worth $259,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the company. FMR LLC grew its position in British American Tobacco by 67.7% during the 3rd quarter. FMR LLC now owns 7,105,356 shares of the company’s stock worth $259,914,000 after purchasing an additional 2,868,675 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in British American Tobacco during the 4th quarter worth approximately $55,620,000. ABC Arbitrage SA purchased a new stake in British American Tobacco during the 4th quarter worth approximately $31,480,000. Public Employees Retirement System of Ohio purchased a new stake in British American Tobacco during the 3rd quarter worth approximately $28,183,000. Finally, Bridgewater Associates LP purchased a new stake in British American Tobacco during the 3rd quarter worth approximately $27,118,000. Institutional investors own 16.16% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have weighed in on BTI shares. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th.
British American Tobacco Stock Down 0.8 %
BTI stock opened at $40.59 on Tuesday. The firm’s fifty day simple moving average is $38.52 and its 200-day simple moving average is $37.32. The company has a market capitalization of $84.16 billion, a P/E ratio of 8.33 and a beta of 0.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74.
British American Tobacco Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be issued a $0.7491 dividend. The ex-dividend date is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is currently 60.57%.
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.
Featured Articles
- Five stocks we like better than British American Tobacco
- What is the FTSE 100 index?
- How to Protect Your Portfolio When Inflation Is Rising
- Insider Trading – What You Need to Know
- 3 Tech Stocks Defying Sector Weakness and Thriving in 2025
- Insider Buying Explained: What Investors Need to Know
- Despite Challenges Novo Nordisk Plans to Crush GLP-1 Competitors
Want to see what other hedge funds are holding BTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for British American Tobacco p.l.c. (NYSE:BTI – Free Report).
Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.