Keystone Financial Planning Inc. boosted its stake in British American Tobacco p.l.c. (NYSE:BTI) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,005 shares of the company’s stock after buying an additional 1,018 shares during the period. British American Tobacco p.l.c. makes up approximately 3.4% of Keystone Financial Planning Inc.’s holdings, making the stock its 12th largest position. Keystone Financial Planning Inc.’s holdings in British American Tobacco p.l.c. were worth $5,621,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sit Investment Associates Inc. raised its position in shares of British American Tobacco p.l.c. by 1.3% in the second quarter. Sit Investment Associates Inc. now owns 15,694 shares of the company’s stock valued at $1,076,000 after buying an additional 194 shares in the last quarter. Hays Advisory LLC raised its position in shares of British American Tobacco p.l.c. by 5.1% in the second quarter. Hays Advisory LLC now owns 4,129 shares of the company’s stock valued at $283,000 after buying an additional 199 shares in the last quarter. Naples Global Advisors LLC raised its position in shares of British American Tobacco p.l.c. by 2.4% in the second quarter. Naples Global Advisors LLC now owns 12,560 shares of the company’s stock valued at $861,000 after buying an additional 300 shares in the last quarter. Bollard Group LLC raised its position in shares of British American Tobacco p.l.c. by 1.3% in the second quarter. Bollard Group LLC now owns 26,438 shares of the company’s stock valued at $1,812,000 after buying an additional 338 shares in the last quarter. Finally, IFP Advisors Inc raised its position in shares of British American Tobacco p.l.c. by 14.0% in the second quarter. IFP Advisors Inc now owns 3,137 shares of the company’s stock valued at $215,000 after buying an additional 386 shares in the last quarter. 5.55% of the stock is owned by hedge funds and other institutional investors.

Shares of British American Tobacco p.l.c. (BTI) opened at 62.91 on Friday. British American Tobacco p.l.c. has a 1-year low of $60.15 and a 1-year high of $130.40. The company has a 50 day moving average price of $67.33 and a 200 day moving average price of $73.44. The stock has a market cap of $116.89 billion, a P/E ratio of 20.96 and a beta of 1.02.

The business also recently declared a None dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Friday, August 18th will be paid a dividend of $0.728 per share. This represents a dividend yield of 2.28%. The ex-dividend date is Wednesday, August 16th.

COPYRIGHT VIOLATION WARNING: This piece of content was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/keystone-financial-planning-inc-boosts-stake-in-british-american-tobacco-p-l-c-nysebti/1478345.html.

Several research analysts have recently issued reports on the company. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating on shares of British American Tobacco p.l.c. in a research report on Friday. J P Morgan Chase & Co reissued an “overweight” rating on shares of British American Tobacco p.l.c. in a research report on Thursday, August 3rd. UBS AG reissued a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Tuesday, August 1st. SBG Securities raised British American Tobacco p.l.c. from a “hold” rating to a “buy” rating in a research report on Monday, July 31st. Finally, Piper Jaffray Companies reissued a “buy” rating on shares of British American Tobacco p.l.c. in a research report on Monday, July 31st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $71.00.

British American Tobacco p.l.c. Company Profile

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Want to see what other hedge funds are holding BTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for British American Tobacco p.l.c. (NYSE:BTI).

Institutional Ownership by Quarter for British American Tobacco p.l.c. (NYSE:BTI)

Receive News & Ratings for British American Tobacco p.l.c. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco p.l.c. and related companies with Analyst Ratings Network's FREE daily email newsletter.