Benjamin F. Edwards & Company Inc. Has $764,000 Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Benjamin F. Edwards & Company Inc. lifted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 312.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,074 shares of the company’s stock after acquiring an additional 19,747 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in British American Tobacco were worth $764,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Natixis Advisors L.P. lifted its position in shares of British American Tobacco by 15.2% during the 4th quarter. Natixis Advisors L.P. now owns 2,099,969 shares of the company’s stock worth $61,508,000 after buying an additional 276,890 shares in the last quarter. Hexagon Capital Partners LLC raised its stake in shares of British American Tobacco by 46.9% in the fourth quarter. Hexagon Capital Partners LLC now owns 6,757 shares of the company’s stock valued at $198,000 after buying an additional 2,157 shares during the period. Altrius Capital Management Inc grew its stake in shares of British American Tobacco by 11.6% during the 4th quarter. Altrius Capital Management Inc now owns 209,811 shares of the company’s stock worth $6,145,000 after acquiring an additional 21,817 shares during the period. Intrust Bank NA increased its holdings in British American Tobacco by 3.5% in the 4th quarter. Intrust Bank NA now owns 11,347 shares of the company’s stock worth $332,000 after acquiring an additional 380 shares during the last quarter. Finally, Avaii Wealth Management LLC raised its stake in British American Tobacco by 61.8% in the 4th quarter. Avaii Wealth Management LLC now owns 10,315 shares of the company’s stock valued at $302,000 after acquiring an additional 3,939 shares during the period. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Price Performance

NYSE BTI opened at $29.95 on Wednesday. The company has a 50-day simple moving average of $29.77 and a two-hundred day simple moving average of $30.09. 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 p.l.c. has a 12-month low of $28.25 and a 12-month high of $35.85.

British American Tobacco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Friday, December 20th will be paid a $0.7431 dividend. The ex-dividend date is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a yield of 9.92%.

Analyst Ratings Changes

Separately, StockNews.com cut shares of British American Tobacco from a “buy” rating to a “hold” rating in a report on Monday.

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.