British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC cut its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,378 shares of the company’s stock after selling 581 shares during the quarter. Interchange Capital Partners LLC’s holdings in British American Tobacco were worth $232,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in BTI. Sound View Wealth Advisors Group LLC boosted its position in shares of British American Tobacco by 3.0% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 8,904 shares of the company’s stock valued at $323,000 after purchasing an additional 258 shares during the period. Stokes Family Office LLC lifted its stake in British American Tobacco by 1.9% in the fourth quarter. Stokes Family Office LLC now owns 14,697 shares of the company’s stock valued at $534,000 after buying an additional 269 shares during the last quarter. Key Client Fiduciary Advisors LLC boosted its holdings in shares of British American Tobacco by 2.0% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after acquiring an additional 295 shares during the period. ORG Partners LLC grew its position in shares of British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after acquiring an additional 299 shares during the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of British American Tobacco by 17.0% in the 4th quarter. Harbour Investments Inc. now owns 2,095 shares of the company’s stock valued at $76,000 after acquiring an additional 305 shares during the period. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Performance

Shares of BTI opened at $40.85 on Tuesday. 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 capitalization of $84.62 billion, a P/E ratio of 8.39 and a beta of 0.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The company’s fifty day moving average is $39.47 and its two-hundred day moving average is $37.59.

British American Tobacco Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 28th will be issued a dividend of $0.7491 per share. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco’s dividend payout ratio is currently 60.57%.

Wall Street Analysts Forecast Growth

BTI has been the topic of several research reports. 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 British American Tobacco from a “hold” rating to a “buy” rating in a report 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.