OLD Mission Capital LLC Purchases 134,760 Shares of British American Tobacco p.l.c. (NYSE:BTI)

OLD Mission Capital LLC lifted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 1,004.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 148,181 shares of the company’s stock after purchasing an additional 134,760 shares during the quarter. OLD Mission Capital LLC’s holdings in British American Tobacco were worth $5,382,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of BTI. Sound View Wealth Advisors Group LLC grew its stake in shares of British American Tobacco by 3.0% in the 4th quarter. Sound View Wealth Advisors Group LLC now owns 8,904 shares of the company’s stock worth $323,000 after buying an additional 258 shares in the last quarter. Stokes Family Office LLC grew its position in British American Tobacco by 1.9% in the fourth quarter. Stokes Family Office LLC now owns 14,697 shares of the company’s stock worth $534,000 after acquiring an additional 269 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its stake in British American Tobacco by 2.0% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock worth $547,000 after acquiring an additional 295 shares during the last quarter. ORG Partners LLC lifted its stake in shares of British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares during the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of British American Tobacco by 17.0% in the 4th quarter. Harbour Investments Inc. now owns 2,095 shares of the company’s stock worth $76,000 after purchasing an additional 305 shares during the period. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Trading Up 2.1 %

Shares of NYSE BTI opened at $41.36 on Tuesday. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The company has a market cap of $85.66 billion, a price-to-earnings ratio of 8.49 and a beta of 0.50. The business’s 50 day moving average price is $39.96 and its 200-day moving average price is $37.65.

British American Tobacco Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, May 12th. Stockholders 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 dividend payout ratio (DPR) is 60.57%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BTI. StockNews.com upgraded British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.

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.