British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Excalibur Management Corp

Excalibur Management Corp lessened its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 4.2% during the 4th quarter, Holdings Channel reports. The firm owned 9,791 shares of the company’s stock after selling 430 shares during the quarter. Excalibur Management Corp’s holdings in British American Tobacco were worth $356,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Ausdal Financial Partners Inc. increased its holdings in British American Tobacco by 18.6% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,519 shares of the company’s stock worth $418,000 after buying an additional 1,806 shares during the period. CoreFirst Bank & Trust purchased a new position in shares of British American Tobacco during the fourth quarter worth $47,000. Congress Wealth Management LLC DE acquired a new position in British American Tobacco during the fourth quarter valued at $212,000. Mosley Wealth Management grew its position in British American Tobacco by 8.1% during the 4th quarter. Mosley Wealth Management now owns 18,072 shares of the company’s stock worth $710,000 after purchasing an additional 1,357 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. raised its stake in shares of British American Tobacco by 67.8% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 6,930 shares of the company’s stock valued at $252,000 after buying an additional 2,799 shares during the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on BTI. StockNews.com raised 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 Price Performance

Shares of NYSE BTI opened at $40.72 on Wednesday. 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 cap of $84.35 billion, a PE ratio of 8.36 and a beta of 0.50. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The firm has a fifty day moving average of $39.57 and a 200 day moving average of $37.60.

British American Tobacco Dividend Announcement

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

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.