5,822 Shares in British American Tobacco p.l.c. (NYSE:BTI) Acquired by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC acquired a new position in shares of British American Tobacco p.l.c. (NYSE:BTI) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,822 shares of the company’s stock, valued at approximately $216,000.

Other large investors have also recently modified their holdings of the company. Versant Capital Management Inc bought a new position in shares of British American Tobacco during the 4th quarter worth approximately $34,000. ORG Partners LLC raised its stake in shares of British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after acquiring an additional 299 shares in the last quarter. Kieckhefer Group LLC bought a new position in shares of British American Tobacco during the 4th quarter worth approximately $44,000. Creative Financial Designs Inc. ADV increased its stake in British American Tobacco by 153.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after purchasing an additional 753 shares in the last quarter. Finally, Continuum Advisory LLC increased its stake in British American Tobacco by 122.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock valued at $48,000 after purchasing an additional 748 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

Wall Street Analyst Weigh In

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

British American Tobacco Stock Up 0.6 %

NYSE:BTI opened at $38.93 on Friday. The firm has a market capitalization of $80.74 billion, a P/E ratio of 7.99 and a beta of 0.53. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $42.74. The company’s fifty day moving average price is $38.06 and its 200-day moving average price is $37.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58.

British American Tobacco Announces Dividend

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

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.