Creative Financial Designs Inc. ADV increased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) by 32.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,650 shares of the company’s stock after buying an additional 407 shares during the period. Creative Financial Designs Inc. ADV’s holdings in British American Tobacco were worth $60,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently made changes to their positions in the company. SRS Capital Advisors Inc. increased its stake in shares of British American Tobacco by 294.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after purchasing an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $34,000. Cullen Frost Bankers Inc. increased its stake in shares of British American Tobacco by 334.4% in 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 period. Finally, ORG Partners LLC increased its stake in shares of British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. StockNews.com upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.
British American Tobacco Trading Down 0.3 %
British American Tobacco stock opened at $41.09 on Friday. The firm has a 50 day simple moving average of $39.26 and a 200-day simple moving average of $37.55. 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 stock has a market capitalization of $85.10 billion, a PE ratio of 8.44 and a beta of 0.50. 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 business also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be issued a $0.7491 dividend. The ex-dividend date is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is presently 60.57%.
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.
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