Stokes Family Office LLC Has $534,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Stokes Family Office LLC increased its stake in British American Tobacco p.l.c. (NYSE:BTI) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,697 shares of the company’s stock after purchasing an additional 269 shares during the period. Stokes Family Office LLC’s holdings in British American Tobacco were worth $534,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sound View Wealth Advisors Group LLC boosted its stake in 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 worth $323,000 after purchasing an additional 258 shares during the period. Key Client Fiduciary Advisors LLC boosted its stake in British American Tobacco by 2.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock worth $547,000 after purchasing an additional 295 shares during the period. ORG Partners LLC boosted its stake in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares during the period. First City Capital Management Inc. boosted its stake in British American Tobacco by 2.8% in the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock worth $398,000 after purchasing an additional 300 shares during the period. Finally, Harbour Investments Inc. boosted its stake in shares of British American Tobacco by 17.0% during the 4th quarter. Harbour Investments Inc. now owns 2,095 shares of the company’s stock worth $76,000 after buying an additional 305 shares during the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Stock Down 1.4 %

Shares of BTI stock opened at $41.25 on Wednesday. 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 firm’s 50-day moving average is $39.09 and its 200-day moving average is $37.50. The stock has a market cap of $85.44 billion, a price-to-earnings ratio of 8.47 and a beta of 0.50. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $42.74.

British American Tobacco Dividend Announcement

The company also recently announced 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 payout ratio is 60.57%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BTI shares. 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.