13,773 Shares in British American Tobacco p.l.c. (NYSE:BTI) Acquired by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 13,773 shares of the company’s stock, valued at approximately $500,000.

Other hedge funds have also recently modified their holdings of the company. Key Client Fiduciary Advisors LLC lifted its position in British American Tobacco by 2.0% in the fourth 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 during the last quarter. ORG Partners LLC lifted its holdings in shares of British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after acquiring an additional 299 shares during the last quarter. First City Capital Management Inc. grew its holdings 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 valued at $398,000 after purchasing an additional 300 shares during the last quarter. Duncker Streett & Co. Inc. lifted its stake in British American Tobacco by 43.1% in the fourth quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company’s stock worth $45,000 after purchasing an additional 374 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of British American Tobacco by 17.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,570 shares of the company’s stock valued at $93,000 after buying an additional 388 shares during the period. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Wall Street Analysts Forecast Growth

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

British American Tobacco Price Performance

Shares of BTI stock opened at $40.86 on Monday. The company has a market capitalization of $84.74 billion, a P/E ratio of 8.39 and a beta of 0.50. The company’s 50-day simple moving average is $38.43 and its two-hundred day simple moving average is $37.29. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58.

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 paid a $0.7491 dividend. The ex-dividend date 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.