Callan Family Office LLC Invests $500,000 in British American Tobacco p.l.c. (NYSE:BTI)

Callan Family Office LLC acquired a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 13,773 shares of the company’s stock, valued at approximately $500,000.

A number of other large investors also recently bought and sold shares of the business. SRS Capital Advisors Inc. raised its position in shares of British American Tobacco by 294.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock worth $26,000 after acquiring an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in British American Tobacco in the fourth quarter valued at about $27,000. Versant Capital Management Inc bought a new position in British American Tobacco in the fourth quarter worth about $34,000. Cullen Frost Bankers Inc. lifted its position in shares of British American Tobacco by 334.4% during the fourth 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 last quarter. Finally, ORG Partners LLC boosted its holdings 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. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Performance

BTI opened at $40.86 on Monday. The firm’s 50-day moving average price is $38.43 and its 200-day moving average price is $37.29. The company has a market cap of $84.74 billion, a P/E ratio of 8.39 and a beta of 0.50. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $42.74.

British American Tobacco Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.7491 per share. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco’s payout ratio is currently 60.57%.

Analysts Set New Price Targets

A number of research firms recently commented on BTI. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research 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 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.