British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. boosted its stake in British American Tobacco p.l.c. (NYSE:BTI) by 18.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,519 shares of the company’s stock after buying an additional 1,806 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in British American Tobacco were worth $418,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

BTI has been the topic of a number of analyst reports. StockNews.com upgraded shares of 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 report on Monday, January 27th.

British American Tobacco Trading Up 0.8 %

Shares of BTI stock opened at $41.14 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 firm’s 50-day simple moving average is $39.78 and its 200-day simple moving average is $37.65. The firm has a market cap of $85.21 billion, a P/E ratio of 8.45 and a beta of 0.50. 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 business also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders 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 is presently 60.57%.

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.