British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Citizens National Bank Trust Department

Citizens National Bank Trust Department raised its stake in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 12,414.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 22,901 shares of the company's stock after buying an additional 22,718 shares during the period. Citizens National Bank Trust Department's holdings in British American Tobacco were worth $832,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Creative Planning boosted its holdings in British American Tobacco by 32.9% during the third quarter. Creative Planning now owns 143,916 shares of the company's stock worth $5,264,000 after buying an additional 35,661 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of British American Tobacco by 22.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 19,664 shares of the company's stock worth $719,000 after acquiring an additional 3,638 shares in the last quarter. Whittier Trust Co. grew its position in shares of British American Tobacco by 7.6% during the 3rd quarter. Whittier Trust Co. now owns 16,063 shares of the company's stock valued at $587,000 after acquiring an additional 1,136 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in shares of British American Tobacco by 28.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 4,131 shares of the company's stock valued at $151,000 after purchasing an additional 927 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its holdings in British American Tobacco by 14.8% in the 3rd quarter. Foundations Investment Advisors LLC now owns 149,771 shares of the company's stock worth $5,479,000 after purchasing an additional 19,345 shares during the period. Institutional investors and hedge funds own 16.16% of the company's stock.

British American Tobacco Stock Performance

Shares of NYSE:BTI traded down $0.76 during trading on Friday, reaching $37.80. The stock had a trading volume of 7,596,243 shares, compared to its average volume of 4,865,776. The business has a fifty day moving average price of $37.89 and a 200-day moving average price of $37.02. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $42.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76.

British American Tobacco Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, December 30th will be given a dividend of $0.7391 per share. This represents a $2.96 annualized dividend and a yield of 7.82%. The ex-dividend date is Tuesday, December 30th.

Analysts Set New Price Targets

A number of equities research analysts 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 note on Monday, January 27th. StockNews.com upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday.

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.