12,995 Shares in British American Tobacco p.l.c. (NYSE:BTI) Bought by Advisors Preferred LLC

Advisors Preferred LLC acquired a new position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 12,995 shares of the company's stock, valued at approximately $534,000.

Several other large investors also recently bought and sold shares of BTI. Golden State Wealth Management LLC lifted its position in shares of British American Tobacco by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 610 shares of the company's stock valued at $25,000 after buying an additional 305 shares in the last quarter. Rosenberg Matthew Hamilton lifted its holdings in British American Tobacco by 87.0% in the 1st quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company's stock worth $25,000 after purchasing an additional 280 shares in the last quarter. Ameriflex Group Inc. purchased a new position in British American Tobacco in the 4th quarter worth approximately $26,000. Financial Management Professionals Inc. lifted its holdings in British American Tobacco by 78.5% in the 1st quarter. Financial Management Professionals Inc. now owns 632 shares of the company's stock worth $26,000 after purchasing an additional 278 shares in the last quarter. Finally, Mather Group LLC. lifted its holdings in British American Tobacco by 292.7% in the 1st quarter. Mather Group LLC. now owns 644 shares of the company's stock worth $27,000 after purchasing an additional 480 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Jefferies Financial Group assumed coverage on British American Tobacco in a report on Wednesday, July 9th. They issued a "buy" rating on the stock. Wall Street Zen cut British American Tobacco from a "buy" rating to a "hold" rating in a report on Saturday. Bank of America assumed coverage on British American Tobacco in a report on Wednesday, April 30th. They issued a "buy" rating on the stock. Finally, Barclays reissued an "overweight" rating on shares of British American Tobacco in a report on Friday, June 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, British American Tobacco presently has an average rating of "Moderate Buy" and a consensus price target of $33.00.

British American Tobacco Trading Down 0.7%

British American Tobacco stock traded down $0.36 during mid-day trading on Friday, hitting $52.26. The company's stock had a trading volume of 4,471,287 shares, compared to its average volume of 6,016,040. The company has a 50 day moving average of $48.27 and a 200-day moving average of $43.10. The stock has a market cap of $107.79 billion, a PE ratio of 10.73, a P/E/G ratio of 4.83 and a beta of 0.33. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.52 and a current ratio of 0.76. British American Tobacco p.l.c. has a one year low of $34.12 and a one year high of $52.98.

British American Tobacco Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Monday, June 30th will be given a $0.7391 dividend. This represents a yield of 5.99%. The ex-dividend date is Friday, June 27th. British American Tobacco's dividend payout ratio (DPR) is presently 60.78%.

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.