British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC decreased its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 50.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,016 shares of the company's stock after selling 7,171 shares during the period. Beverly Hills Private Wealth LLC's holdings in British American Tobacco were worth $255,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. lifted its holdings 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 buying an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in British American Tobacco in the 4th quarter valued at about $27,000. Versant Capital Management Inc acquired a new position in shares of British American Tobacco in the 4th quarter worth approximately $34,000. Cullen Frost Bankers Inc. raised its holdings in shares of British American Tobacco by 334.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock worth $40,000 after purchasing an additional 846 shares in the last quarter. Finally, ORG Partners LLC lifted its stake in British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company's stock valued at $42,000 after purchasing an additional 299 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Stock Performance

Shares of British American Tobacco stock opened at $43.74 on Tuesday. British American Tobacco p.l.c. has a 12 month low of $29.83 and a 12 month high of $44.51. 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 $90.53 billion, a PE ratio of 8.98 and a beta of 0.32. The business has a fifty day simple moving average of $41.23 and a 200-day simple moving average of $38.62.

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 presently 60.57%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BTI. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th. StockNews.com upgraded British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th. Finally, Bank of America started coverage on British American Tobacco in a report on Wednesday, April 30th. They set a "buy" rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $33.00.

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.

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