First National Trust Co Grows Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

First National Trust Co raised its holdings in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 42.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 48,283 shares of the company's stock after purchasing an additional 14,294 shares during the quarter. First National Trust Co's holdings in British American Tobacco were worth $1,754,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in BTI. SRS Capital Advisors Inc. boosted its holdings in 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 during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of British American Tobacco during the 4th quarter valued at about $27,000. Versant Capital Management Inc acquired a new stake in shares of British American Tobacco during the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. grew its position in shares of British American Tobacco by 334.4% during the 4th 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 period. Finally, ORG Partners LLC grew its position in shares of British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock valued at $42,000 after acquiring an additional 299 shares during the period. 16.16% of the stock is owned by hedge funds and other institutional investors.

British American Tobacco Price Performance

BTI traded up $0.42 during trading on Monday, reaching $41.78. The company's stock had a trading volume of 2,939,049 shares, compared to its average volume of 4,547,773. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $38.90 and a two-hundred day simple moving average of $37.44. 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 market cap of $86.64 billion, a price-to-earnings ratio of 8.58 and a beta of 0.50.

Remove Ads

British American Tobacco Announces Dividend

The firm also recently announced 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 of this dividend is Friday, March 28th. British American Tobacco's dividend payout ratio (DPR) is 60.57%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BTI. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th. StockNews.com upgraded British American Tobacco from a "hold" rating to a "buy" rating in a report 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.