Citizens National Bank Trust Department Buys 22,718 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Citizens National Bank Trust Department increased its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 12,414.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,901 shares of the company’s stock after acquiring an additional 22,718 shares during the quarter. Citizens National Bank Trust Department’s holdings in British American Tobacco were worth $832,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of BTI. Versant Capital Management Inc bought a new position in British American Tobacco during the fourth quarter worth $34,000. ORG Partners LLC increased its holdings 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 period. Kieckhefer Group LLC bought a new stake in British American Tobacco in the 4th quarter valued at $44,000. Creative Financial Designs Inc. ADV increased its holdings in 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 valued at $45,000 after buying an additional 753 shares during the period. Finally, Continuum Advisory LLC increased its holdings in British American Tobacco by 122.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after buying an additional 748 shares during the period. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Price Performance

British American Tobacco stock opened at $38.41 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.58 and a current ratio of 0.88. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The company’s 50-day moving average is $37.87 and its two-hundred day moving average is $37.01.

British American Tobacco Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have recently weighed in on BTI. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday.

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.