British American Tobacco p.l.c. (NYSE:BTI) is TrueMark Investments LLC’s 3rd Largest Position

TrueMark Investments LLC increased its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 0.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 186,257 shares of the company’s stock after purchasing an additional 405 shares during the quarter. British American Tobacco accounts for approximately 2.2% of TrueMark Investments LLC’s holdings, making the stock its 3rd biggest position. TrueMark Investments LLC’s holdings in British American Tobacco were worth $6,765,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BTI. SRS Capital Advisors Inc. grew its position in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock worth $26,000 after buying an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in British American Tobacco in the 4th quarter valued at $27,000. Versant Capital Management Inc purchased a new position in British American Tobacco during the fourth quarter worth about $34,000. Cullen Frost Bankers Inc. boosted its position in shares of British American Tobacco by 334.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock worth $40,000 after acquiring an additional 846 shares during the last quarter. Finally, ORG Partners LLC boosted its holdings in shares of British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares during the last quarter. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports 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 British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th.

British American Tobacco Stock Down 0.3 %

Shares of British American Tobacco stock opened at $40.72 on Wednesday. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $42.74. The business’s fifty day moving average price is $39.57 and its two-hundred day moving average price is $37.60. 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 company has a market capitalization of $84.35 billion, a P/E ratio of 8.36 and a beta of 0.50.

British American Tobacco Announces Dividend

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

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.