Vestmark Advisory Solutions Inc. Acquires 15,595 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Vestmark Advisory Solutions Inc. grew its stake in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 64.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,870 shares of the company's stock after purchasing an additional 15,595 shares during the period. Vestmark Advisory Solutions Inc.'s holdings in British American Tobacco were worth $1,448,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in BTI. SRS Capital Advisors Inc. raised its holdings in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock worth $26,000 after buying an additional 525 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in British American Tobacco in the 4th quarter valued at about $27,000. Versant Capital Management Inc acquired a new position in British American Tobacco during the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. boosted its position in shares of 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 buying an additional 846 shares during the last quarter. Finally, ORG Partners LLC raised its position in 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 buying an additional 299 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

British American Tobacco Stock Performance

BTI stock traded up $0.43 during mid-day trading on Tuesday, hitting $40.99. The company had a trading volume of 5,515,732 shares, compared to its average volume of 4,693,078. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The firm has a market cap of $85.01 billion, a PE ratio of 8.42 and a beta of 0.50. The stock's fifty day moving average price is $38.52 and its two-hundred day moving average price is $37.32. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74.

British American Tobacco Announces Dividend

The company 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 payout ratio is presently 60.57%.

Wall Street Analyst Weigh In

Several research firms have commented on BTI. UBS Group raised shares of British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th. StockNews.com raised British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th.

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.