British American Tobacco p.l.c. (NYSE:BTI) Holdings Decreased by Stifel Financial Corp

Stifel Financial Corp lowered its holdings in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 31.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 399,136 shares of the company's stock after selling 179,964 shares during the period. Stifel Financial Corp's holdings in British American Tobacco were worth $14,497,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of BTI. SRS Capital Advisors Inc. raised its stake in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after buying an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of British American Tobacco during the 4th quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in British American Tobacco in the fourth quarter worth $34,000. Cullen Frost Bankers Inc. increased its stake in British American Tobacco by 334.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock valued at $40,000 after purchasing an additional 846 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in shares of British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company's stock worth $42,000 after purchasing an additional 299 shares during the period. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

British American Tobacco Stock Performance

Shares of BTI stock traded down $0.29 during trading hours on Wednesday, reaching $42.51. The stock had a trading volume of 6,135,298 shares, compared to its average volume of 4,698,032. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The firm has a 50-day simple moving average of $40.43 and a 200-day simple moving average of $38.12. The firm has a market capitalization of $87.98 billion, a PE ratio of 8.73 and a beta of 0.38. British American Tobacco p.l.c. has a twelve month low of $29.08 and a twelve month high of $43.12.

British American Tobacco Dividend Announcement

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

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.