CoreFirst Bank & Trust Purchases New Holdings in British American Tobacco p.l.c. (NYSE:BTI)

CoreFirst Bank & Trust acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,285 shares of the company’s stock, valued at approximately $47,000.

Several other large investors have also recently made changes to their positions in the business. Sound View Wealth Advisors Group LLC increased its holdings in British American Tobacco by 3.0% during the fourth 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 during the last quarter. Stokes Family Office LLC grew its position in shares of British American Tobacco by 1.9% during the 4th quarter. Stokes Family Office LLC now owns 14,697 shares of the company’s stock valued at $534,000 after acquiring an additional 269 shares during the period. Key Client Fiduciary Advisors LLC increased its stake in shares of British American Tobacco by 2.0% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock worth $547,000 after purchasing an additional 295 shares during the last quarter. ORG Partners LLC raised its holdings 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 worth $42,000 after purchasing an additional 299 shares during the period. Finally, Harbour Investments Inc. grew its holdings in British American Tobacco by 17.0% during the fourth quarter. Harbour Investments Inc. now owns 2,095 shares of the company’s stock valued at $76,000 after purchasing an additional 305 shares during the period. 16.16% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on BTI shares. StockNews.com raised British American Tobacco from a “hold” rating to a “buy” rating in a research 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 Down 0.3 %

NYSE:BTI opened at $40.72 on Wednesday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The stock’s fifty day moving average price is $39.57 and its two-hundred day moving average price is $37.60. 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 company has a market cap of $84.35 billion, a P/E ratio of 8.36 and a beta of 0.50.

British American Tobacco Announces Dividend

The business also recently announced 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 dividend 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.