First Bank & Trust Cuts Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

First Bank & Trust trimmed its stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 35.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,537 shares of the company's stock after selling 16,257 shares during the period. First Bank & Trust's holdings in British American Tobacco were worth $1,073,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in BTI. Key Client Fiduciary Advisors LLC increased its position in shares of British American Tobacco by 2.0% during the fourth 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 in the last quarter. ORG Partners LLC grew its stake 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 buying an additional 299 shares during the last quarter. First City Capital Management Inc. raised its stake in British American Tobacco by 2.8% in the third quarter. First City Capital Management Inc. now owns 10,890 shares of the company's stock valued at $398,000 after buying an additional 300 shares during the last quarter. Greenleaf Trust boosted its holdings in British American Tobacco by 1.8% in the third quarter. Greenleaf Trust now owns 21,211 shares of the company's stock worth $776,000 after acquiring an additional 376 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of British American Tobacco by 17.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,570 shares of the company's stock worth $93,000 after acquiring an additional 388 shares during the last quarter. Institutional investors own 16.16% of the company's stock.

Wall Street Analyst Weigh In

BTI has been the subject of a number of research analyst reports. UBS Group raised shares of 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 research report on Monday.

British American Tobacco Stock Down 2.0 %

NYSE BTI traded down $0.76 on Friday, reaching $37.80. 7,596,243 shares of the company's stock traded hands, compared to its average volume of 4,865,776. The stock has a 50 day moving average price of $37.89 and a 200-day moving average price of $37.02. 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 p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74.

British American Tobacco Dividend Announcement

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

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.