Nwam LLC Sells 651 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Nwam LLC cut its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 2.1% during the 4th quarter, Holdings Channel reports. The fund owned 30,986 shares of the company’s stock after selling 651 shares during the period. Nwam LLC’s holdings in British American Tobacco were worth $1,125,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BTI. Versant Capital Management Inc bought a new position in shares of British American Tobacco during the 4th quarter worth about $34,000. ORG Partners LLC boosted its holdings in British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after acquiring an additional 299 shares in the last quarter. Kieckhefer Group LLC bought a new position in shares of British American Tobacco in the 4th quarter worth $44,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of British American Tobacco by 153.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after purchasing an additional 753 shares in the last quarter. Finally, Continuum Advisory LLC lifted its holdings in shares of British American Tobacco by 122.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock worth $48,000 after purchasing an additional 748 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Down 0.4 %

BTI stock opened at $38.71 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The stock’s 50 day moving average is $38.00 and its 200-day moving average is $37.12. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $42.74. The firm has a market capitalization of $80.26 billion, a PE ratio of 7.95 and a beta of 0.53.

British American Tobacco Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 28th will be given a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco’s payout ratio is currently 60.57%.

Analyst Ratings Changes

BTI has been the topic of a number of recent research reports. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th.

British American Tobacco Company 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.