British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by Todd Asset Management LLC

Todd Asset Management LLC decreased its stake in British American Tobacco p.l.c. (NYSE:BTI) by 34.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,639 shares of the company’s stock after selling 110,760 shares during the quarter. Todd Asset Management LLC’s holdings in British American Tobacco were worth $6,170,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BTI. Parkside Financial Bank & Trust boosted its position in British American Tobacco by 308.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 940 shares of the company’s stock worth $28,000 after acquiring an additional 710 shares during the last quarter. CoreFirst Bank & Trust boosted its position in British American Tobacco by 297.1% during the third quarter. CoreFirst Bank & Trust now owns 945 shares of the company’s stock worth $30,000 after acquiring an additional 707 shares during the last quarter. HBC Financial Services PLLC acquired a new position in British American Tobacco during the fourth quarter worth about $29,000. GAMMA Investing LLC acquired a new position in British American Tobacco during the fourth quarter worth about $34,000. Finally, Central Bank & Trust Co. acquired a new position in British American Tobacco during the fourth quarter worth about $34,000. Institutional investors and hedge funds own 21.44% of the company’s stock.

British American Tobacco Price Performance

BTI traded up $0.01 on Friday, reaching $29.81. 2,426,573 shares of the company’s stock were exchanged, compared to its average volume of 5,424,051. 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 stock’s fifty day moving average price is $29.78 and its 200-day moving average price is $30.10. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month high of $35.92.

British American Tobacco Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Friday, December 20th will be paid a dividend of $0.7431 per share. 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.