Larson Financial Group LLC Buys 1,080 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Larson Financial Group LLC boosted its stake in British American Tobacco p.l.c. (NYSE:BTI) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,083 shares of the company’s stock after purchasing an additional 1,080 shares during the period. Larson Financial Group LLC’s holdings in British American Tobacco were worth $475,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SRS Capital Advisors Inc. lifted its stake in British American Tobacco by 294.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after purchasing an additional 525 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in British American Tobacco in the 4th quarter valued at approximately $27,000. Versant Capital Management Inc bought a new position in British American Tobacco in the 4th quarter valued at approximately $34,000. Cullen Frost Bankers Inc. lifted its stake in 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 purchasing an additional 846 shares during the last quarter. Finally, ORG Partners LLC lifted its stake in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after purchasing an additional 299 shares during the last quarter. Institutional investors own 16.16% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BTI shares. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th.

British American Tobacco Price Performance

Shares of NYSE BTI opened at $40.59 on Tuesday. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $42.74. The firm has a fifty day simple moving average of $38.52 and a 200 day simple moving average of $37.32. The company has a market capitalization of $84.16 billion, a PE ratio of 8.33 and a beta of 0.50. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65.

British American Tobacco Dividend Announcement

The company also recently announced 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 is Friday, March 28th. British American Tobacco’s dividend payout ratio is presently 60.57%.

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.