Smartleaf Asset Management LLC Has $499,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Smartleaf Asset Management LLC grew its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 83.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 13,839 shares of the company's stock after acquiring an additional 6,302 shares during the period. Smartleaf Asset Management LLC's holdings in British American Tobacco were worth $499,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of BTI. Key Client Fiduciary Advisors LLC raised its position in British American Tobacco by 2.0% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company's stock valued at $547,000 after purchasing an additional 295 shares during the last quarter. ORG Partners LLC boosted its position 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 period. First City Capital Management Inc. grew its holdings in British American Tobacco by 2.8% during the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company's stock worth $398,000 after acquiring an additional 300 shares during the last quarter. Duncker Streett & Co. Inc. increased its position in British American Tobacco by 43.1% in the 4th quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company's stock valued at $45,000 after acquiring an additional 374 shares during the period. Finally, Geneos Wealth Management Inc. raised 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 valued at $93,000 after acquiring an additional 388 shares during the last quarter. Institutional investors and hedge funds own 16.16% of the company's stock.

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British American Tobacco Trading Up 1.7 %

Shares of NYSE:BTI traded up $0.70 during trading on Friday, reaching $40.86. The stock had a trading volume of 4,488,497 shares, compared to its average volume of 4,659,355. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $42.74. The firm's fifty day moving average is $38.34 and its 200 day moving average is $37.24. The stock has a market cap of $84.74 billion, a price-to-earnings ratio of 8.39 and a beta of 0.50. 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 Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be given a $0.7491 dividend. The ex-dividend date is Friday, March 28th. British American Tobacco's dividend payout ratio (DPR) is presently 60.57%.

Wall Street Analyst Weigh In

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

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.