British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by CNB Bank

CNB Bank decreased its position in shares of British American Tobacco p.l.c. (NYSE:BTIFree Report) by 4.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,292 shares of the company’s stock after selling 968 shares during the quarter. CNB Bank’s holdings in British American Tobacco were worth $682,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BTI. BlackRock Inc. increased its holdings in shares of British American Tobacco by 11.6% in the 1st quarter. BlackRock Inc. now owns 5,624,861 shares of the company’s stock valued at $237,145,000 after acquiring an additional 582,790 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of British American Tobacco by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,290,017 shares of the company’s stock valued at $54,387,000 after buying an additional 8,692 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of British American Tobacco by 4.5% during the first quarter. Cetera Investment Advisers now owns 64,394 shares of the company’s stock worth $2,715,000 after buying an additional 2,798 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of British American Tobacco during the first quarter worth about $323,000. Finally, NewEdge Advisors LLC increased its position in British American Tobacco by 148.7% in the 1st quarter. NewEdge Advisors LLC now owns 18,870 shares of the company’s stock valued at $795,000 after acquiring an additional 11,283 shares during the period. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Stock Up 0.8 %

British American Tobacco stock opened at $29.05 on Friday. The stock has a 50 day moving average of $29.97 and a two-hundred day moving average of $30.16. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $37.65. The stock has a market capitalization of $71.37 billion, a price-to-earnings ratio of 6.03, a PEG ratio of 1.22 and a beta of 0.53. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67.

British American Tobacco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Friday, December 20th will be issued a dividend of $0.7431 per share. This represents a $2.97 annualized dividend and a dividend yield of 10.23%. The ex-dividend date is Friday, December 20th. British American Tobacco’s dividend payout ratio is presently 60.79%.

British American Tobacco Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for British American Tobacco p.l.c. (NYSE:BTIFree Report).

Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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