Nwam LLC Has $1.13 Million Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Nwam LLC reduced its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,986 shares of the company’s stock after selling 651 shares during the period. Nwam LLC’s holdings in British American Tobacco were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Wealth LLC grew its holdings in British American Tobacco by 56.2% during the 4th quarter. NewEdge Wealth LLC now owns 41,210 shares of the company’s stock worth $1,497,000 after acquiring an additional 14,823 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in shares of British American Tobacco in the fourth quarter worth $98,000. Checchi Capital Advisers LLC grew its stake in shares of British American Tobacco by 15.6% in the fourth quarter. Checchi Capital Advisers LLC now owns 7,745 shares of the company’s stock worth $281,000 after purchasing an additional 1,048 shares during the last quarter. Lake Street Advisors Group LLC bought a new stake in shares of British American Tobacco in the fourth quarter worth $216,000. Finally, Todd Asset Management LLC grew its position in shares of British American Tobacco by 6.6% in the 4th quarter. Todd Asset Management LLC now owns 584,642 shares of the company’s stock valued at $21,234,000 after buying an additional 36,280 shares during the last quarter. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Stock Performance

Shares of BTI opened at $38.71 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $80.26 billion, a P/E ratio of 7.95 and a beta of 0.53. The firm’s fifty day simple moving average is $38.00 and its two-hundred day simple moving average is $37.12. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74.

British American Tobacco Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. 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 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.