Ceera Investments LLC Invests $1.04 Million in British American Tobacco p.l.c. (NYSE:BTI)

Ceera Investments LLC purchased a new position in shares of British American Tobacco p.l.c. (NYSE:BTI) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 28,520 shares of the company’s stock, valued at approximately $1,036,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Personal CFO Solutions LLC boosted its position in shares of British American Tobacco by 5.7% during the fourth quarter. Personal CFO Solutions LLC now owns 7,134 shares of the company’s stock worth $259,000 after buying an additional 384 shares during the period. Dorsey & Whitney Trust CO LLC boosted its position in shares of British American Tobacco by 7.8% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 9,089 shares of the company’s stock worth $330,000 after buying an additional 658 shares during the period. Larson Financial Group LLC boosted its holdings in British American Tobacco by 9.0% in the fourth quarter. Larson Financial Group LLC now owns 13,083 shares of the company’s stock valued at $475,000 after purchasing an additional 1,080 shares during the period. Blankinship & Foster LLC purchased a new position in British American Tobacco in the fourth quarter valued at $211,000. Finally, West Family Investments Inc. boosted its holdings in British American Tobacco by 33.2% in the fourth quarter. West Family Investments Inc. now owns 8,518 shares of the company’s stock valued at $309,000 after purchasing an additional 2,124 shares during the period. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Up 1.7 %

British American Tobacco stock opened at $40.86 on Friday. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $42.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The stock has a market cap of $84.74 billion, a PE ratio of 8.39 and a beta of 0.50. The stock’s fifty day moving average is $38.43 and its two-hundred day moving average is $37.28.

British American Tobacco Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, May 12th. Shareholders of record on Friday, March 28th will be paid a $0.7491 dividend. The ex-dividend date is Friday, March 28th. British American Tobacco’s dividend payout ratio is presently 60.57%.

Analysts Set New Price Targets

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

British American Tobacco 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.