Smartleaf Asset Management LLC Has $499,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Smartleaf Asset Management LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 83.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,839 shares of the company’s stock after buying an additional 6,302 shares during the quarter. Smartleaf Asset Management LLC’s holdings in British American Tobacco were worth $499,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Versant Capital Management Inc acquired a new stake in British American Tobacco in the fourth quarter valued at about $34,000. ORG Partners LLC boosted its stake in British American Tobacco by 35.1% in the fourth 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. Kieckhefer Group LLC acquired a new stake in British American Tobacco in the fourth quarter valued at about $44,000. Duncker Streett & Co. Inc. boosted its stake in British American Tobacco by 43.1% in the fourth quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company’s stock valued at $45,000 after buying an additional 374 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in British American Tobacco by 153.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after buying an additional 753 shares in the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Price Performance

British American Tobacco stock opened at $39.77 on Tuesday. 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 market capitalization of $82.47 billion, a PE ratio of 8.17 and a beta of 0.53. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74. The stock has a 50-day moving average price of $38.13 and a two-hundred day moving average price of $37.18.

British American Tobacco Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders 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 60.57%.

Analyst Upgrades and Downgrades

BTI has been the topic of several research analyst reports. UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th. StockNews.com upgraded British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th.

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.