British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Mission Wealth Management LP

Mission Wealth Management LP boosted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 14.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,685 shares of the company’s stock after acquiring an additional 1,375 shares during the quarter. Mission Wealth Management LP’s holdings in British American Tobacco were worth $388,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BTI. US Bancorp DE increased its stake in British American Tobacco by 21.6% during the third quarter. US Bancorp DE now owns 75,814 shares of the company’s stock worth $2,773,000 after acquiring an additional 13,482 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of British American Tobacco by 49.4% in the third quarter. Farther Finance Advisors LLC now owns 2,663 shares of the company’s stock valued at $97,000 after buying an additional 880 shares in the last quarter. QRG Capital Management Inc. grew its stake in shares of British American Tobacco by 19.3% in the third quarter. QRG Capital Management Inc. now owns 178,595 shares of the company’s stock valued at $6,533,000 after buying an additional 28,898 shares in the last quarter. PDS Planning Inc acquired a new stake in shares of British American Tobacco in the third quarter valued at $207,000. Finally, Crescent Grove Advisors LLC grew its stake in shares of British American Tobacco by 2.1% in the third quarter. Crescent Grove Advisors LLC now owns 53,584 shares of the company’s stock valued at $2,000,000 after buying an additional 1,099 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company’s stock.

Analysts Set New Price Targets

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

British American Tobacco Trading Up 0.2 %

BTI opened at $39.69 on Thursday. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74. The stock has a market capitalization of $82.31 billion, a price-to-earnings ratio of 8.15 and a beta of 0.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The business has a fifty day moving average price of $38.27 and a 200 day moving average price of $37.22.

British American Tobacco Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, May 12th. Investors 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 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.