NewEdge Wealth LLC Has $860,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

NewEdge Wealth LLC lifted its stake in British American Tobacco p.l.c. (NYSE:BTI) by 6.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 29,361 shares of the company’s stock after purchasing an additional 1,806 shares during the quarter. NewEdge Wealth LLC’s holdings in British American Tobacco were worth $860,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rhumbline Advisers lifted its stake in British American Tobacco by 27.7% in the 3rd quarter. Rhumbline Advisers now owns 1,521 shares of the company’s stock worth $48,000 after acquiring an additional 330 shares in the last quarter. Atria Wealth Solutions Inc. raised its stake in shares of British American Tobacco by 1.6% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 23,906 shares of the company’s stock worth $759,000 after purchasing an additional 382 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of British American Tobacco by 7.9% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 5,883 shares of the company’s stock worth $195,000 after purchasing an additional 432 shares in the last quarter. First Manhattan Co. raised its stake in shares of British American Tobacco by 10.8% during the 4th quarter. First Manhattan Co. now owns 4,487 shares of the company’s stock worth $179,000 after purchasing an additional 437 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of British American Tobacco by 6.6% in the 1st quarter. Thrivent Financial for Lutherans now owns 7,158 shares of the company’s stock valued at $253,000 after acquiring an additional 444 shares in the last quarter. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Stock Down 0.4 %

Shares of BTI stock opened at $28.50 on Tuesday. The stock’s 50 day simple moving average is $30.10 and its 200 day simple moving average is $30.22. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.91 and a quick ratio of 0.59. British American Tobacco p.l.c. has a twelve month low of $28.35 and a twelve month high of $37.65.

British American Tobacco Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Friday, December 20th will be issued a $0.7431 dividend. This represents a $2.97 dividend on an annualized basis and a yield of 10.43%. The ex-dividend date of this dividend is Friday, December 20th.

About British American Tobacco

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.