British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Rakuten Securities Inc.

Rakuten Securities Inc. decreased its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 29.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,856 shares of the company's stock after selling 6,304 shares during the period. Rakuten Securities Inc.'s holdings in British American Tobacco were worth $540,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. increased 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 during the fourth quarter worth approximately $27,000. Versant Capital Management Inc acquired a new position in British American Tobacco during the fourth quarter worth approximately $34,000. Cullen Frost Bankers Inc. increased its position in British American Tobacco by 334.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock worth $40,000 after buying an additional 846 shares during the period. Finally, ORG Partners LLC increased its holdings in shares of British American Tobacco by 35.1% in the fourth 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 period. Institutional investors and hedge funds own 16.16% of the company's stock.

Analyst Ratings Changes

BTI has been the topic of a number of recent research reports. UBS Group raised British American Tobacco from a "neutral" rating to a "buy" rating in a 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.

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British American Tobacco Trading Up 1.1 %

NYSE:BTI opened at $40.99 on Wednesday. The stock's 50 day simple moving average is $38.61 and its 200-day simple moving average is $37.35. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $42.74. The firm has a market cap of $85.01 billion, a P/E ratio of 8.42 and a beta of 0.50. 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 Announces Dividend

The firm also recently disclosed 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 presently 60.57%.

About British American Tobacco

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.

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