Callan Family Office LLC Invests $500,000 in British American Tobacco p.l.c. (NYSE:BTI)

Callan Family Office LLC acquired a new position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 13,773 shares of the company's stock, valued at approximately $500,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SRS Capital Advisors Inc. increased its holdings in shares of British American Tobacco by 294.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after purchasing an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of British American Tobacco during the fourth quarter worth $27,000. Versant Capital Management Inc acquired a new position in shares of British American Tobacco during the fourth quarter valued at $34,000. Cullen Frost Bankers Inc. boosted its holdings in British American Tobacco by 334.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock valued at $40,000 after acquiring an additional 846 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in British American Tobacco by 35.1% during 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 last quarter. Institutional investors and hedge funds own 16.16% of the company's stock.

British American Tobacco Trading Up 0.0 %

BTI stock traded up $0.01 during midday trading on Thursday, hitting $41.37. 6,603,164 shares of the company's stock were exchanged, compared to its average volume of 4,764,532. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The stock's fifty day moving average price is $38.72 and its 200-day moving average price is $37.38. The company has a market cap of $85.78 billion, a PE ratio of 8.49 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.

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British American Tobacco Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on BTI shares. 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 raised shares of British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday, February 17th.

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.