Stokes Family Office LLC Lowers Stake in British American Tobacco p.l.c. (NYSE:BTI)

Stokes Family Office LLC reduced its position in British American Tobacco p.l.c. (NYSE:BTI) by 33.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,856 shares of the company’s stock after selling 7,070 shares during the quarter. Stokes Family Office LLC’s holdings in British American Tobacco were worth $406,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its position in shares of British American Tobacco by 3.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 112,072 shares of the company’s stock worth $3,520,000 after acquiring an additional 3,424 shares in the last quarter. Pinnacle Associates Ltd. purchased a new stake in shares of British American Tobacco in the third quarter worth about $254,000. Veracity Capital LLC boosted its position in shares of British American Tobacco by 26.8% in the third quarter. Veracity Capital LLC now owns 20,438 shares of the company’s stock worth $642,000 after buying an additional 4,326 shares during the period. Verdence Capital Advisors LLC boosted its position in shares of British American Tobacco by 8.4% in the third quarter. Verdence Capital Advisors LLC now owns 24,035 shares of the company’s stock worth $755,000 after buying an additional 1,859 shares during the period. Finally, BluePath Capital Management LLC purchased a new stake in shares of British American Tobacco in the third quarter worth about $457,000. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Trading Up 0.0 %

Shares of NYSE BTI traded up $0.01 on Friday, hitting $29.81. The company had a trading volume of 2,426,573 shares, compared to its average volume of 5,424,051. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $35.92. The business has a 50 day moving average of $29.79 and a two-hundred day moving average of $30.10. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Investors 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 9.97%. The ex-dividend date of this dividend 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.