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

Souders Financial Advisors purchased a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 6,042 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. grew its holdings in British American Tobacco by 294.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock worth $26,000 after acquiring an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in British American Tobacco during the 4th quarter worth $27,000. Versant Capital Management Inc acquired a new position in British American Tobacco during the 4th quarter worth $34,000. ORG Partners LLC grew its holdings in 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. Finally, Kieckhefer Group LLC acquired a new position in shares of British American Tobacco in the 4th quarter valued at about $44,000. 16.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.

British American Tobacco Trading Up 0.2 %

NYSE BTI opened at $39.69 on Thursday. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The company has a 50-day simple moving average of $38.27 and a 200-day simple moving average of $37.22. 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 firm has a market capitalization of $82.31 billion, a PE ratio of 8.15 and a beta of 0.50.

British American Tobacco Announces Dividend

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

About British American Tobacco

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.