28,520 Shares in British American Tobacco p.l.c. (NYSE:BTI) Purchased by Ceera Investments LLC

Ceera Investments LLC purchased a new position in British American Tobacco p.l.c. (NYSE:BTI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,520 shares of the company’s stock, valued at approximately $1,036,000.

A number of other large investors also recently bought and sold shares of the business. Key Client Fiduciary Advisors LLC increased its stake in British American Tobacco by 2.0% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock worth $547,000 after buying an additional 295 shares in the last quarter. ORG Partners LLC increased 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 worth $42,000 after buying an additional 299 shares in the last quarter. First City Capital Management Inc. increased its stake in British American Tobacco by 2.8% during the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock worth $398,000 after buying an additional 300 shares in the last quarter. Duncker Streett & Co. Inc. increased its stake in British American Tobacco by 43.1% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company’s stock worth $45,000 after buying an additional 374 shares in the last quarter. Finally, Personal CFO Solutions LLC increased its stake in British American Tobacco by 5.7% during the 4th quarter. Personal CFO Solutions LLC now owns 7,134 shares of the company’s stock worth $259,000 after buying an additional 384 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Price Performance

BTI stock opened at $40.86 on Friday. The business has a fifty day moving average of $38.43 and a two-hundred day moving average of $37.28. 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 has a market cap of $84.74 billion, a price-to-earnings ratio of 8.39 and a beta of 0.50. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $42.74.

British American Tobacco Dividend Announcement

The firm 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 is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is 60.57%.

Wall Street Analyst Weigh In

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

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.