Yousif Capital Management LLC Has $826,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

Yousif Capital Management LLC trimmed its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 31.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,751 shares of the company's stock after selling 10,500 shares during the quarter. Yousif Capital Management LLC's holdings in British American Tobacco were worth $826,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BTI. CWM LLC raised its position in British American Tobacco by 4.0% during the third quarter. CWM LLC now owns 17,185 shares of the company's stock valued at $629,000 after buying an additional 668 shares during the period. Creative Planning increased its holdings in shares of British American Tobacco by 32.9% in the 3rd quarter. Creative Planning now owns 143,916 shares of the company's stock valued at $5,264,000 after purchasing an additional 35,661 shares during the period. Good Life Advisors LLC purchased a new stake in shares of British American Tobacco in the third quarter worth approximately $336,000. Bleakley Financial Group LLC boosted its holdings in shares of British American Tobacco by 6.9% during the third quarter. Bleakley Financial Group LLC now owns 34,682 shares of the company's stock worth $1,269,000 after purchasing an additional 2,239 shares during the period. Finally, Teamwork Financial Advisors LLC purchased a new position in British American Tobacco during the third quarter valued at approximately $217,000. Institutional investors and hedge funds own 16.16% of the company's stock.

British American Tobacco Trading Up 0.7 %

BTI traded up $0.27 during midday trading on Wednesday, hitting $38.41. 3,805,819 shares of the company's stock traded hands, compared to its average volume of 4,771,215. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.58. The stock's fifty day simple moving average is $37.86 and its 200-day simple moving average is $37.00. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74.

British American Tobacco Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Stockholders of record on Tuesday, December 30th will be issued a dividend of $0.7391 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 7.70%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on BTI shares. StockNews.com raised shares of British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a 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.