Cwm LLC Grows Stock Position in British American Tobacco p.l.c. (NYSE:BTI)

Cwm LLC lifted its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 79.3% during the fourth quarter, HoldingsChannel reports. The firm owned 14,645 shares of the company’s stock after purchasing an additional 6,479 shares during the quarter. Cwm LLC’s holdings in British American Tobacco were worth $429,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its holdings in 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 purchasing an additional 3,424 shares during the last quarter. Pinnacle Associates Ltd. acquired a new stake in shares of British American Tobacco during the third quarter worth approximately $254,000. Raymond James & Associates increased its stake in shares of British American Tobacco by 6.0% in the third 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 during the last quarter. Avaii Wealth Management LLC bought a new position in British American Tobacco during the 3rd quarter valued at $200,000. Finally, GW Henssler & Associates Ltd. grew its holdings in British American Tobacco by 10.0% during the 3rd quarter. GW Henssler & Associates Ltd. now owns 283,532 shares of the company’s stock worth $8,906,000 after acquiring an additional 25,788 shares in the last quarter. 21.44% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Performance

Shares of British American Tobacco stock opened at $29.42 on Thursday. 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 $36.65. The firm’s 50-day simple moving average is $29.80 and its 200-day simple moving average is $30.10.

British American Tobacco Announces Dividend

The company also recently disclosed 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 annualized dividend and a yield of 10.10%. The ex-dividend date of this dividend 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.