International Assets Investment Management LLC acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 87,606 shares of the company's stock, valued at approximately $25,660,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Almanack Investment Partners LLC. bought a new stake in British American Tobacco in the 3rd quarter valued at approximately $25,000. Sanctuary Wealth Management L.L.C. bought a new stake in British American Tobacco in the 4th quarter valued at approximately $27,000. CoreFirst Bank & Trust lifted its stake in British American Tobacco by 297.1% in the 3rd quarter. CoreFirst Bank & Trust now owns 945 shares of the company's stock valued at $30,000 after acquiring an additional 707 shares in the last quarter. CENTRAL TRUST Co lifted its stake in British American Tobacco by 170.8% in the 3rd quarter. CENTRAL TRUST Co now owns 864 shares of the company's stock valued at $31,000 after acquiring an additional 545 shares in the last quarter. Finally, FSC Wealth Advisors LLC lifted its stake in British American Tobacco by 82.6% in the 3rd quarter. FSC Wealth Advisors LLC now owns 1,083 shares of the company's stock valued at $34,000 after acquiring an additional 490 shares in the last quarter. 21.44% of the stock is currently owned by institutional investors and hedge funds.
British American Tobacco Stock Performance
NYSE BTI traded down $0.70 during trading on Wednesday, hitting $29.15. The stock had a trading volume of 9,769,524 shares, compared to its average volume of 4,949,891. The company's 50-day moving average price is $30.19 and its two-hundred day moving average price is $30.30. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67. British American Tobacco p.l.c. has a 12 month low of $28.35 and a 12 month high of $37.65.
British American Tobacco Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Friday, December 20th will be paid a dividend of $0.7431 per share. This represents a $2.97 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date of this dividend is Friday, December 20th.
British American Tobacco Company Profile
(
Free Report)
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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