OLD National Bancorp IN Cuts Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

OLD National Bancorp IN reduced its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,874 shares of the company’s stock after selling 492 shares during the period. OLD National Bancorp IN’s holdings in British American Tobacco were worth $524,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. CoreFirst Bank & Trust increased its stake in British American Tobacco by 297.1% during the 3rd quarter. CoreFirst Bank & Trust now owns 945 shares of the company’s stock worth $30,000 after buying an additional 707 shares in the last quarter. HBC Financial Services PLLC purchased a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $29,000. FSC Wealth Advisors LLC grew its position in shares of British American Tobacco by 82.6% in the third quarter. FSC Wealth Advisors LLC now owns 1,083 shares of the company’s stock valued at $34,000 after purchasing an additional 490 shares in the last quarter. Central Bank & Trust Co. purchased a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $34,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of British American Tobacco in the fourth quarter valued at approximately $35,000. 21.44% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Down 0.2 %

BTI stock opened at $29.49 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91. The business has a 50 day simple moving average of $29.91 and a 200-day simple moving average of $30.14. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $37.65.

British American Tobacco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Friday, December 20th will be given a $0.7431 dividend. The ex-dividend date is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 10.08%.

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.