British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Regal Investment Advisors LLC

Regal Investment Advisors LLC trimmed its position in British American Tobacco p.l.c. (NYSE:BTI) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,485 shares of the company’s stock after selling 2,244 shares during the period. Regal Investment Advisors LLC’s holdings in British American Tobacco were worth $490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. raised its stake in shares of British American Tobacco by 294.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock worth $26,000 after purchasing an additional 525 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in British American Tobacco during the 4th quarter worth approximately $27,000. Versant Capital Management Inc acquired a new stake in British American Tobacco during the 4th quarter valued at approximately $34,000. Cullen Frost Bankers Inc. boosted its holdings in shares of British American Tobacco by 334.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock valued at $40,000 after acquiring an additional 846 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in shares of 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 purchasing an additional 299 shares during the last quarter. Hedge funds and other institutional investors own 16.16% of the company’s stock.

Wall Street Analyst Weigh In

BTI has been the topic of several recent research reports. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th. UBS Group raised British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.

British American Tobacco Stock Performance

Shares of NYSE BTI opened at $41.82 on Thursday. British American Tobacco p.l.c. has a 1 year low of $28.42 and a 1 year high of $42.74. 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 company’s fifty day moving average price is $40.37 and its 200 day moving average price is $37.93. The company has a market capitalization of $86.55 billion, a PE ratio of 8.59 and a beta of 0.38.

British American Tobacco Announces Dividend

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