Principal Securities Inc. Has $971,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Principal Securities Inc. boosted its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 195.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,730 shares of the company's stock after buying an additional 17,669 shares during the quarter. Principal Securities Inc.'s holdings in British American Tobacco were worth $971,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Key Client Fiduciary Advisors LLC boosted its stake in 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 valued at $547,000 after buying an additional 295 shares in the last quarter. ORG Partners LLC boosted its position in shares of British American Tobacco by 35.1% in the 4th 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. First City Capital Management Inc. boosted its position in shares of British American Tobacco by 2.8% in the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company's stock valued at $398,000 after purchasing an additional 300 shares during the period. Greenleaf Trust boosted its position in shares of British American Tobacco by 1.8% in the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company's stock valued at $776,000 after purchasing an additional 376 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of British American Tobacco by 17.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,570 shares of the company's stock valued at $93,000 after purchasing an additional 388 shares during the period. Institutional investors own 16.16% of the company's stock.

British American Tobacco Stock Performance

Shares of BTI traded down $0.68 during midday trading on Friday, reaching $37.87. 6,165,734 shares of the stock were exchanged, compared to its average volume of 4,819,890. 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 50 day simple moving average of $37.89 and a 200-day simple moving average of $37.02. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65.

British American Tobacco Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, December 30th will be paid a $0.7391 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date of this dividend is Tuesday, December 30th.

Analyst Ratings Changes

BTI has been the subject of a number of recent analyst reports. 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 research report on Monday.

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.