British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Rothschild Investment LLC

Rothschild Investment LLC decreased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 82.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,084 shares of the company’s stock after selling 5,125 shares during the quarter. Rothschild Investment LLC’s holdings in British American Tobacco were worth $39,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Union Bancaire Privee UBP SA acquired a new position in British American Tobacco in the fourth quarter worth approximately $77,000. Access Investment Management LLC grew its position in British American Tobacco by 34.4% in the fourth quarter. Access Investment Management LLC now owns 15,620 shares of the company’s stock worth $567,000 after buying an additional 4,000 shares during the last quarter. Citizens National Bank Trust Department boosted its stake in British American Tobacco by 12,414.2% in the 4th quarter. Citizens National Bank Trust Department now owns 22,901 shares of the company’s stock worth $832,000 after purchasing an additional 22,718 shares during the period. Concurrent Investment Advisors LLC boosted its stake in British American Tobacco by 72.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 47,704 shares of the company’s stock worth $1,733,000 after purchasing an additional 20,084 shares during the period. Finally, Ieq Capital LLC boosted its stake in British American Tobacco by 19.0% in the 4th quarter. Ieq Capital LLC now owns 13,417 shares of the company’s stock worth $487,000 after purchasing an additional 2,141 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on BTI shares. 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 note on Monday, February 17th.

British American Tobacco Trading Up 0.8 %

Shares of NYSE:BTI opened at $38.88 on Thursday. The firm has a fifty day moving average of $37.97 and a two-hundred day moving average of $37.11. The firm has a market capitalization of $80.62 billion, a P/E ratio of 7.98 and a beta of 0.53. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $42.74. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65.

British American Tobacco Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, May 12th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.7491 per share. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is currently 60.57%.

British American Tobacco 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.