Savant Capital LLC Boosts Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Savant Capital LLC raised its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 30.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 10,392 shares of the company’s stock after purchasing an additional 2,456 shares during the period. Savant Capital LLC’s holdings in British American Tobacco were worth $377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Key Client Fiduciary Advisors LLC raised its position in shares of British American Tobacco by 2.0% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after buying an additional 295 shares during the last quarter. ORG Partners LLC boosted its stake in British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock worth $42,000 after buying an additional 299 shares during the period. First City Capital Management Inc. boosted its stake in British American Tobacco by 2.8% during the third quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock worth $398,000 after buying an additional 300 shares during the period. Greenleaf Trust boosted its stake in British American Tobacco by 1.8% during the third quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock worth $776,000 after buying an additional 376 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in shares of British American Tobacco by 17.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,570 shares of the company’s stock valued at $93,000 after purchasing an additional 388 shares during the period. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Analysts Set New Price Targets

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

British American Tobacco Stock Down 2.0 %

Shares of British American Tobacco stock opened at $38.80 on Tuesday. The firm’s fifty day simple moving average is $37.83 and its 200-day simple moving average is $36.96. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74. The company has a quick ratio of 0.58, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

British American Tobacco Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, December 30th will be given a $0.7391 dividend. The ex-dividend date is Tuesday, December 30th. This represents a $2.96 dividend on an annualized basis and a yield of 7.62%.

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.