Geneos Wealth Management Inc. Sells 617 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Geneos Wealth Management Inc. decreased its position in British American Tobacco p.l.c. (NYSE:BTI) by 16.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,239 shares of the company’s stock after selling 617 shares during the period. Geneos Wealth Management Inc.’s holdings in British American Tobacco were worth $95,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in British American Tobacco by 11.6% during the first quarter. BlackRock Inc. now owns 5,624,861 shares of the company’s stock worth $237,145,000 after buying an additional 582,790 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in British American Tobacco by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,290,017 shares of the company’s stock worth $54,387,000 after buying an additional 8,692 shares during the last quarter. Cetera Investment Advisers boosted its holdings in British American Tobacco by 4.5% during the first quarter. Cetera Investment Advisers now owns 64,394 shares of the company’s stock worth $2,715,000 after buying an additional 2,798 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in British American Tobacco during the first quarter worth about $323,000. Finally, NewEdge Advisors LLC boosted its holdings in British American Tobacco by 148.7% during the first quarter. NewEdge Advisors LLC now owns 18,870 shares of the company’s stock worth $795,000 after buying an additional 11,283 shares during the last quarter. Institutional investors own 21.44% of the company’s stock.

British American Tobacco Trading Down 0.4 %

Shares of BTI opened at $28.50 on Tuesday. 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 $28.35 and a 1 year high of $37.65. The stock’s 50-day moving average price is $30.10 and its two-hundred day moving average price is $30.22.

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 given a dividend of $0.7431 per share. This represents a $2.97 dividend on an annualized basis and a dividend yield of 10.43%. 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.