Souders Financial Advisors Acquires New Position in British American Tobacco p.l.c. (NYSE:BTI)

Souders Financial Advisors purchased a new position in shares of British American Tobacco p.l.c. (NYSE:BTI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,042 shares of the company’s stock, valued at approximately $219,000.

A number of other large investors also recently bought and sold shares of BTI. SRS Capital Advisors Inc. raised its stake in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock worth $26,000 after purchasing an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in British American Tobacco during the fourth quarter worth approximately $27,000. Versant Capital Management Inc purchased a new position in British American Tobacco during the fourth quarter worth approximately $34,000. ORG Partners LLC raised its stake in British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after purchasing an additional 299 shares during the period. Finally, Kieckhefer Group LLC purchased a new position in British American Tobacco during the fourth quarter worth approximately $44,000. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Wall Street Analysts Forecast Growth

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

British American Tobacco Stock Performance

Shares of BTI stock opened at $39.69 on Thursday. The company’s fifty day simple moving average is $38.27 and its 200-day simple moving average is $37.22. The company has a market cap of $82.31 billion, a PE ratio of 8.15 and a beta of 0.50. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $42.74. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65.

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 issued a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco’s payout ratio is 60.57%.

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.