Fielder Capital Group LLC Purchases 1,629 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Fielder Capital Group LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 18.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,323 shares of the company’s stock after buying an additional 1,629 shares during the period. Fielder Capital Group LLC’s holdings in British American Tobacco were worth $375,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BTI. Versant Capital Management Inc bought a new stake in shares of British American Tobacco during the 4th quarter valued at about $34,000. ORG Partners LLC boosted 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 worth $42,000 after purchasing an additional 299 shares during the period. Kieckhefer Group LLC purchased a new position in British American Tobacco during the fourth quarter valued at $44,000. Creative Financial Designs Inc. ADV increased its holdings in shares of British American Tobacco by 153.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock worth $45,000 after purchasing an additional 753 shares during the last quarter. Finally, Continuum Advisory LLC increased its stake in British American Tobacco by 122.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,357 shares of the company’s stock worth $48,000 after acquiring an additional 748 shares during the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Price Performance

Shares of BTI opened at $38.71 on Friday. 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 stock has a market capitalization of $80.26 billion, a PE ratio of 7.95 and a beta of 0.53. The company has a 50 day moving average price of $38.00 and a 200-day moving average price of $37.12. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74.

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 given a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco’s payout ratio is currently 60.57%.

Wall Street Analysts Forecast Growth

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

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.