First National Trust Co Has $1.75 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

First National Trust Co boosted 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 filing with the Securities and Exchange Commission (SEC). The firm owned 48,283 shares of the company's stock after acquiring 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 quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its position in shares of British American Tobacco by 35.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company's stock valued at $7,599,000 after purchasing an additional 54,555 shares during the period. SG Americas Securities LLC grew its holdings in British American Tobacco by 45.3% during the fourth quarter. SG Americas Securities LLC now owns 46,286 shares of the company's stock worth $1,681,000 after acquiring an additional 14,432 shares during the period. QRG Capital Management Inc. lifted its holdings in British American Tobacco by 9.8% in the 4th quarter. QRG Capital Management Inc. now owns 196,073 shares of the company's stock valued at $7,121,000 after acquiring an additional 17,478 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of British American Tobacco by 25.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company's stock valued at $4,824,000 after purchasing an additional 26,863 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of British American Tobacco by 89.6% in the 3rd quarter. Cerity Partners LLC now owns 66,130 shares of the company's stock worth $2,419,000 after purchasing an additional 31,250 shares during the last quarter. Institutional investors own 16.16% of the company's stock.

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Analyst Ratings Changes

A number of brokerages recently weighed in on BTI. StockNews.com upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th. UBS Group raised British American Tobacco from a "neutral" rating to a "buy" rating in a research note on Monday, January 27th.

British American Tobacco Trading Down 1.0 %

Shares of BTI traded down $0.44 during midday trading on Tuesday, hitting $41.40. The stock had a trading volume of 4,255,955 shares, compared to its average volume of 4,724,033. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74. The business has a 50-day simple moving average of $39.00 and a two-hundred day simple moving average of $37.48. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. The firm has a market cap of $85.86 billion, a P/E ratio of 8.49 and a beta of 0.50.

British American Tobacco Announces Dividend

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