AssuredPartners Investment Advisors LLC Invests $430,000 in British American Tobacco p.l.c. (NYSE:BTI)

AssuredPartners Investment Advisors LLC purchased a new position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,841 shares of the company's stock, valued at approximately $430,000.

Several other hedge funds also recently modified their holdings of the company. Ausdal Financial Partners Inc. grew its holdings in British American Tobacco by 18.6% during the 4th quarter. Ausdal Financial Partners Inc. now owns 11,519 shares of the company's stock worth $418,000 after acquiring an additional 1,806 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in British American Tobacco in the fourth quarter valued at $47,000. Congress Wealth Management LLC DE bought a new position in British American Tobacco during the 4th quarter worth $212,000. Mosley Wealth Management lifted its holdings in British American Tobacco by 8.1% during the 4th quarter. Mosley Wealth Management now owns 18,072 shares of the company's stock worth $710,000 after buying an additional 1,357 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. grew its position in shares of 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 buying an additional 2,799 shares during the last quarter. Institutional investors and hedge funds own 16.16% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on BTI shares. StockNews.com upgraded British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th. UBS Group upgraded shares of British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th.

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British American Tobacco Trading Down 0.2 %

BTI stock traded down $0.08 during mid-day trading on Tuesday, reaching $41.29. The company's stock had a trading volume of 1,809,415 shares, compared to its average volume of 4,559,841. The company has a market cap of $85.52 billion, a price-to-earnings ratio of 8.48 and a beta of 0.50. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74. The business's 50 day moving average price is $39.96 and its 200 day moving average price is $37.65. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65.

British American Tobacco Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco's dividend 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.