British American Tobacco p.l.c. (NYSE:BTI) Position Cut by Banco de Sabadell S.A

Banco de Sabadell S.A lowered its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,437 shares of the company’s stock after selling 575 shares during the period. Banco de Sabadell S.A’s holdings in British American Tobacco were worth $526,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Mosley Wealth Management raised its holdings in shares of British American Tobacco by 8.1% during the fourth quarter. Mosley Wealth Management now owns 18,072 shares of the company’s stock valued at $710,000 after buying an additional 1,357 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in British American Tobacco by 67.8% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 6,930 shares of the company’s stock valued at $252,000 after acquiring an additional 2,799 shares during the period. Whittier Trust Co. boosted its position in British American Tobacco by 53.9% during the 4th quarter. Whittier Trust Co. now owns 24,720 shares of the company’s stock worth $898,000 after acquiring an additional 8,657 shares during the period. GM Advisory Group LLC grew its stake in shares of British American Tobacco by 20.5% in the fourth quarter. GM Advisory Group LLC now owns 10,529 shares of the company’s stock worth $382,000 after purchasing an additional 1,794 shares in the last quarter. Finally, Stokes Family Office LLC increased its holdings in shares of British American Tobacco by 1.9% during the fourth quarter. Stokes Family Office LLC now owns 14,697 shares of the company’s stock valued at $534,000 after purchasing an additional 269 shares during the period. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Price Performance

NYSE:BTI opened at $40.83 on Friday. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week 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 firm has a market cap of $84.56 billion, a P/E ratio of 8.38 and a beta of 0.50. The business’s 50-day moving average price is $39.36 and its 200 day moving average price is $37.57.

British American Tobacco Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 12th. Shareholders of record on Friday, March 28th will be given a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco’s payout ratio is 60.57%.

Analyst Ratings Changes

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

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.