Avaii Wealth Management LLC Has $302,000 Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Avaii Wealth Management LLC raised its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 61.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,315 shares of the company’s stock after purchasing an additional 3,939 shares during the quarter. Avaii Wealth Management LLC’s holdings in British American Tobacco were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in BTI. Parkside Financial Bank & Trust raised its stake in shares of British American Tobacco by 308.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 940 shares of the company’s stock valued at $28,000 after acquiring an additional 710 shares during the last quarter. CoreFirst Bank & Trust raised its stake in shares of British American Tobacco by 297.1% in the third quarter. CoreFirst Bank & Trust now owns 945 shares of the company’s stock valued at $30,000 after acquiring an additional 707 shares during the last quarter. HBC Financial Services PLLC bought a new position in shares of British American Tobacco in the fourth quarter valued at approximately $29,000. FSC Wealth Advisors LLC raised its stake 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 acquiring an additional 490 shares during the last quarter. Finally, GAMMA Investing LLC bought a new position in British American Tobacco in the 4th quarter worth approximately $34,000. 21.44% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Price Performance

BTI stock traded up $0.36 during trading on Monday, hitting $29.61. The company had a trading volume of 2,578,805 shares, compared to its average volume of 5,062,032. 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 firm has a 50-day moving average price of $29.86 and a 200-day moving average price of $30.11. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $37.27.

British American Tobacco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 6th. Investors of record on Friday, December 20th will be given a $0.7431 dividend. This represents a $2.97 annualized dividend and a yield of 10.04%. The ex-dividend date is Friday, December 20th.

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.