British American Tobacco p.l.c. (NYSE:BTI) Shares Sold by OLD National Bancorp IN

OLD National Bancorp IN decreased its position in British American Tobacco p.l.c. (NYSE:BTI) by 2.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 17,874 shares of the company’s stock after selling 492 shares during the period. OLD National Bancorp IN’s holdings in British American Tobacco were worth $524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CWM LLC lifted its position in British American Tobacco by 79.3% in the 4th quarter. CWM LLC now owns 14,645 shares of the company’s stock worth $429,000 after buying an additional 6,479 shares in the last quarter. Dupree Financial Group LLC purchased a new stake in British American Tobacco in the 4th quarter worth approximately $7,761,000. HF Advisory Group LLC raised its holdings in shares of British American Tobacco by 8.5% during the 4th quarter. HF Advisory Group LLC now owns 35,528 shares of the company’s stock valued at $1,041,000 after purchasing an additional 2,772 shares in the last quarter. Rakuten Securities Inc. bought a new position in shares of British American Tobacco during the 4th quarter valued at $587,000. Finally, Koshinski Asset Management Inc. bought a new position in shares of British American Tobacco during the 4th quarter valued at $281,000. Hedge funds and other institutional investors own 21.44% of the company’s stock.

British American Tobacco Stock Performance

British American Tobacco stock opened at $29.49 on Thursday. The firm’s fifty day simple moving average is $29.91 and its 200-day simple moving average is $30.14. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.59 and a current ratio of 0.91. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $37.65.

British American Tobacco Dividend Announcement

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. The ex-dividend date is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a dividend yield of 10.08%.

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.