British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC raised its stake in British American Tobacco p.l.c. (NYSE:BTI) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,089 shares of the company’s stock after acquiring an additional 658 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in British American Tobacco were worth $330,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BTI. SRS Capital Advisors Inc. lifted its holdings in British American Tobacco by 294.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after acquiring an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in British American Tobacco in the fourth quarter valued at approximately $27,000. Versant Capital Management Inc purchased a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $34,000. Cullen Frost Bankers Inc. increased its position in shares of British American Tobacco by 334.4% in 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 in the last quarter. Finally, ORG Partners LLC increased its position in shares of 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. 16.16% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Stock Down 0.8 %

Shares of BTI opened at $40.59 on Tuesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The stock has a market capitalization of $84.16 billion, a price-to-earnings ratio of 8.33 and a beta of 0.50. The stock has a 50 day moving average price of $38.52 and a 200 day moving average price of $37.32.

British American Tobacco Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, May 12th. Investors 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 payout ratio is 60.57%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. UBS Group upgraded 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 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.