XTX Topco Ltd Has $1.02 Million Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

XTX Topco Ltd cut its position in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 78.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,009 shares of the company's stock after selling 99,687 shares during the quarter. XTX Topco Ltd's holdings in British American Tobacco were worth $1,017,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BTI. SRS Capital Advisors Inc. raised its position in shares of British American Tobacco by 294.9% during 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 last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of British American Tobacco in the fourth quarter valued at $27,000. Versant Capital Management Inc bought a new position in British American Tobacco in the fourth quarter worth $34,000. Cullen Frost Bankers Inc. increased its holdings in British American Tobacco by 334.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock valued at $40,000 after buying an additional 846 shares during the period. Finally, ORG Partners LLC raised its stake in shares of British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock valued at $42,000 after buying an additional 299 shares in the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Price Performance

BTI stock traded up $0.17 during trading on Monday, hitting $42.54. 1,632,968 shares of the stock traded hands, compared to its average volume of 4,660,855. The stock has a market cap of $88.03 billion, a price-to-earnings ratio of 8.73 and a beta of 0.38. British American Tobacco p.l.c. has a one year low of $29.07 and a one year high of $42.74. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. The company has a 50 day simple moving average of $40.37 and a 200 day simple moving average of $38.04.

British American Tobacco Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 28th will be given 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%.

Analysts Set New Price Targets

A number of research firms recently weighed in on BTI. UBS Group raised shares of British American Tobacco from a "neutral" rating to a "buy" rating in a research note on Monday, January 27th. StockNews.com raised British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th.

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.