Whittier Trust Co. Has $898,000 Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Whittier Trust Co. lifted its position in British American Tobacco p.l.c. (NYSE:BTI) by 53.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,720 shares of the company’s stock after acquiring an additional 8,657 shares during the period. Whittier Trust Co.’s holdings in British American Tobacco were worth $898,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. FMR LLC grew its position in British American Tobacco by 67.7% during the third quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after purchasing an additional 2,868,675 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of British American Tobacco by 4.8% during the 4th quarter. Natixis Advisors LLC now owns 3,010,687 shares of the company’s stock valued at $109,348,000 after acquiring an additional 137,231 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of British American Tobacco in the fourth quarter worth $55,620,000. First Eagle Investment Management LLC boosted its position in British American Tobacco by 13.0% during the fourth quarter. First Eagle Investment Management LLC now owns 967,976 shares of the company’s stock valued at $35,157,000 after purchasing an additional 111,033 shares during the last quarter. Finally, ABC Arbitrage SA purchased a new position in British American Tobacco in the fourth quarter valued at about $31,480,000. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Price Performance

NYSE BTI opened at $40.83 on Friday. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74. The stock’s 50-day moving average is $39.36 and its two-hundred day moving average is $37.57. The firm has a market cap of $84.56 billion, a P/E ratio of 8.38 and a beta of 0.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58.

British American Tobacco Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, May 12th. Investors 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 60.57%.

Analyst Ratings Changes

A number of research firms have recently weighed in on BTI. StockNews.com raised British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note 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.