Vestmark Advisory Solutions Inc. Buys 2,078 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Vestmark Advisory Solutions Inc. increased its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,221 shares of the company’s stock after buying an additional 2,078 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in British American Tobacco were worth $856,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in British American Tobacco by 34.0% in the third quarter. Envestnet Asset Management Inc. now owns 2,568,285 shares of the company’s stock valued at $80,670,000 after acquiring an additional 650,979 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in British American Tobacco by 39.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,115,007 shares of the company’s stock worth $66,432,000 after purchasing an additional 593,035 shares during the period. Natixis Advisors L.P. boosted its position in shares of British American Tobacco by 39.0% during the 3rd quarter. Natixis Advisors L.P. now owns 1,823,079 shares of the company’s stock valued at $57,263,000 after acquiring an additional 511,926 shares during the last quarter. FMR LLC increased its stake in British American Tobacco by 40.7% in the third quarter. FMR LLC now owns 1,497,162 shares of the company’s stock worth $47,026,000 after purchasing an additional 433,252 shares during the period. Finally, ICICI Prudential Asset Management Co Ltd increased its stake in shares of British American Tobacco by 40.1% during the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 1,394,129 shares of the company’s stock valued at $40,834,000 after buying an additional 399,359 shares during the period. 21.44% of the stock is owned by hedge funds and other institutional investors.

British American Tobacco Trading Up 0.4 %

Shares of British American Tobacco stock traded up $0.11 on Monday, reaching $29.92. 476,925 shares of the stock were exchanged, compared to its average volume of 4,917,946. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67. The business has a 50 day moving average price of $29.78 and a two-hundred day moving average price of $30.09. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $35.85.

British American Tobacco Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 6th. Stockholders of record on Friday, December 20th will be issued a dividend of $0.7431 per share. This represents a $2.97 dividend on an annualized basis and a dividend yield of 9.93%. The ex-dividend date 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.