U.S. Capital Wealth Advisors LLC Lowers Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

U.S. Capital Wealth Advisors LLC lessened its stake in shares of British American Tobacco p.l.c. (NYSE:BTI) by 7.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265,591 shares of the company’s stock after selling 22,707 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in British American Tobacco were worth $7,779,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its holdings 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 valued at $3,520,000 after acquiring an additional 3,424 shares in the last quarter. Pinnacle Associates Ltd. purchased a new stake in British American Tobacco in the 3rd quarter valued at approximately $254,000. Raymond James & Associates raised its stake in shares of British American Tobacco by 6.0% during the 3rd quarter. Raymond James & Associates now owns 2,663,175 shares of the company’s stock worth $83,650,000 after buying an additional 150,643 shares in the last quarter. Veracity Capital LLC lifted its holdings in shares of British American Tobacco by 26.8% in the 3rd quarter. Veracity Capital LLC now owns 20,438 shares of the company’s stock valued at $642,000 after buying an additional 4,326 shares during the period. Finally, Verdence Capital Advisors LLC boosted its stake 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 valued at $755,000 after buying an additional 1,859 shares in the last quarter. 21.44% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Price Performance

NYSE:BTI traded up $0.01 during trading hours on Friday, hitting $29.81. The company’s stock 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 52-week low of $28.25 and a 52-week high of $35.92. The business’s 50-day moving average is $29.78 and its two-hundred day moving average is $30.10. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 0.67.

British American Tobacco Dividend Announcement

The business 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 $0.7431 dividend. The ex-dividend date is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 9.97%.

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.