U.S. Capital Wealth Advisors LLC Sells 9,114 Shares of British American Tobacco p.l.c. (NYSE:BTI)

U.S. Capital Wealth Advisors LLC trimmed its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 2.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 301,614 shares of the company's stock after selling 9,114 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in British American Tobacco were worth $12,478,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its stake in British American Tobacco by 87.0% during the first quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company's stock valued at $25,000 after acquiring an additional 280 shares during the period. Golden State Wealth Management LLC grew its stake in shares of British American Tobacco by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 610 shares of the company's stock valued at $25,000 after purchasing an additional 305 shares during the period. Ameriflex Group Inc. bought a new stake in shares of British American Tobacco in the 4th quarter valued at approximately $26,000. Financial Management Professionals Inc. grew its stake in shares of British American Tobacco by 78.5% in the 1st quarter. Financial Management Professionals Inc. now owns 632 shares of the company's stock valued at $26,000 after purchasing an additional 278 shares during the period. Finally, Mather Group LLC. grew its stake in shares of British American Tobacco by 292.7% in the 1st quarter. Mather Group LLC. now owns 644 shares of the company's stock valued at $27,000 after purchasing an additional 480 shares during the period. 16.16% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on BTI. Bank of America began coverage on British American Tobacco in a research note on Wednesday, April 30th. They issued a "buy" rating on the stock. Jefferies Financial Group began coverage on British American Tobacco in a research note on Wednesday. They issued a "buy" rating on the stock. Barclays reiterated an "overweight" rating on shares of British American Tobacco in a research note on Friday, June 13th. Finally, Wall Street Zen lowered British American Tobacco from a "buy" rating to a "hold" rating in a research report on Sunday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, British American Tobacco presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.00.

British American Tobacco Price Performance

NYSE BTI traded up $1.75 during trading hours on Thursday, reaching $50.84. 10,284,704 shares of the company's stock were exchanged, compared to its average volume of 5,257,512. The stock has a market cap of $104.98 billion, a PE ratio of 10.44, a price-to-earnings-growth ratio of 4.46 and a beta of 0.33. British American Tobacco p.l.c. has a one year low of $31.86 and a one year high of $50.84. The firm has a fifty day moving average of $46.05 and a 200-day moving average of $41.79. The company has a current ratio of 0.76, a quick ratio of 0.52 and a debt-to-equity ratio of 0.65.

British American Tobacco Cuts Dividend

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

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.