British American Tobacco p.l.c. (NYSE:BTI) Position Boosted by Mosley Wealth Management

Mosley Wealth Management raised its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 8.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,072 shares of the company’s stock after acquiring an additional 1,357 shares during the period. Mosley Wealth Management’s holdings in British American Tobacco were worth $710,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. SRS Capital Advisors Inc. grew its position in British American Tobacco by 294.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after buying an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of British American Tobacco in the fourth quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in shares of British American Tobacco during the fourth quarter valued at approximately $34,000. Cullen Frost Bankers Inc. lifted its position in British American Tobacco by 334.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock worth $40,000 after purchasing an additional 846 shares during the period. Finally, ORG Partners LLC boosted its stake in British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on BTI shares. StockNews.com upgraded British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

British American Tobacco Price Performance

NYSE BTI opened at $40.83 on Friday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The stock’s 50-day moving average price is $39.36 and its two-hundred day moving average price is $37.57. The company has a market cap of $84.56 billion, a PE ratio of 8.38 and a beta of 0.50. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65.

British American Tobacco Announces Dividend

The company also recently disclosed 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 of this dividend is Friday, March 28th. British American Tobacco’s payout ratio is 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.