Altrius Capital Management Inc Sells 3,378 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Altrius Capital Management Inc trimmed its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 1.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,313 shares of the company’s stock after selling 3,378 shares during the period. British American Tobacco accounts for approximately 2.3% of Altrius Capital Management Inc’s holdings, making the stock its 3rd largest holding. Altrius Capital Management Inc’s holdings in British American Tobacco were worth $8,438,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. Fielder Capital Group LLC lifted its holdings in British American Tobacco by 18.7% during the fourth quarter. Fielder Capital Group LLC now owns 10,323 shares of the company’s stock worth $375,000 after acquiring an additional 1,629 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in British American Tobacco by 9.8% in the 4th quarter. QRG Capital Management Inc. now owns 196,073 shares of the company’s stock valued at $7,121,000 after purchasing an additional 17,478 shares during the period. Oppenheimer & Co. Inc. raised its position in British American Tobacco by 29.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 26,176 shares of the company’s stock valued at $951,000 after purchasing an additional 6,008 shares in the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of British American Tobacco by 0.3% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 208,309 shares of the company’s stock worth $7,566,000 after buying an additional 585 shares in the last quarter. Finally, Kovack Advisors Inc. acquired a new stake in British American Tobacco in the fourth quarter valued at $217,000. 16.16% of the stock is currently owned by institutional investors and hedge funds.

British American Tobacco Trading Down 0.4 %

Shares of BTI stock opened at $38.71 on Friday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The company has a market cap of $80.26 billion, a price-to-earnings ratio of 7.95 and a beta of 0.53. The firm has a fifty day moving average price of $38.00 and a 200-day moving average price of $37.12. 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 firm also recently declared a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 28th will be paid 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%.

Analyst Ratings Changes

A number of research firms have issued reports on BTI. StockNews.com upgraded British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

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.