British American Tobacco p.l.c. (NYSE:BTI) Position Reduced by Kennon Green & Company LLC

Kennon Green & Company LLC trimmed its holdings in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 15.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,940 shares of the company's stock after selling 27,435 shares during the quarter. British American Tobacco comprises about 4.3% of Kennon Green & Company LLC's portfolio, making the stock its 8th biggest position. Kennon Green & Company LLC's holdings in British American Tobacco were worth $4,275,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Atria Wealth Solutions Inc. raised its holdings in shares of British American Tobacco by 1.6% during the third quarter. Atria Wealth Solutions Inc. now owns 23,906 shares of the company's stock valued at $759,000 after purchasing an additional 382 shares during the period. Sage Rhino Capital LLC boosted its holdings in British American Tobacco by 7.2% in the third quarter. Sage Rhino Capital LLC now owns 7,102 shares of the company's stock worth $223,000 after acquiring an additional 476 shares in the last quarter. Moors & Cabot Inc. grew its stake in British American Tobacco by 0.9% in the third quarter. Moors & Cabot Inc. now owns 54,033 shares of the company's stock valued at $1,697,000 after acquiring an additional 477 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of British American Tobacco by 1.8% during the fourth quarter. Venturi Wealth Management LLC now owns 27,696 shares of the company's stock valued at $811,000 after acquiring an additional 482 shares in the last quarter. Finally, FSC Wealth Advisors LLC lifted its holdings in shares of British American Tobacco by 82.6% in the 3rd quarter. FSC Wealth Advisors LLC now owns 1,083 shares of the company's stock worth $34,000 after purchasing an additional 490 shares in the last quarter. Institutional investors and hedge funds own 21.44% of the company's stock.

British American Tobacco Price Performance

BTI stock traded up $0.28 during midday trading on Monday, reaching $29.53. 3,728,356 shares of the company's stock traded hands, compared to its average volume of 5,078,374. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $37.27. The firm's fifty day moving average price is $29.86 and its 200-day moving average price is $30.11. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91.

British American Tobacco Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Friday, December 20th will be issued a $0.7431 dividend. The ex-dividend date is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 10.07%.

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.