DGS Capital Management LLC Reduces Holdings in British American Tobacco p.l.c. (NYSE:BTI)

DGS Capital Management LLC trimmed its stake in British American Tobacco p.l.c. (NYSE:BTI) by 20.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,087 shares of the company’s stock after selling 3,656 shares during the period. DGS Capital Management LLC’s holdings in British American Tobacco were worth $413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. BlackRock Inc. increased its stake in shares of British American Tobacco by 90.8% in the 1st quarter. BlackRock Inc. now owns 11,558,458 shares of the company’s stock worth $405,933,000 after acquiring an additional 5,501,775 shares in the last quarter. Capital International Investors increased its stake in British American Tobacco by 12.6% during the 1st quarter. Capital International Investors now owns 9,449,045 shares of the company’s stock valued at $400,788,000 after purchasing an additional 1,060,090 shares in the last quarter. Bank of America Corp DE increased its stake in British American Tobacco by 7.1% during the 1st quarter. Bank of America Corp DE now owns 7,008,085 shares of the company’s stock valued at $246,124,000 after purchasing an additional 464,946 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in British American Tobacco by 8.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,311,628 shares of the company’s stock valued at $181,778,000 after purchasing an additional 340,040 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in British American Tobacco by 1.8% during the 1st quarter. JPMorgan Chase & Co. now owns 3,661,558 shares of the company’s stock valued at $128,594,000 after purchasing an additional 64,984 shares in the last quarter. 21.44% of the stock is owned by hedge funds and other institutional investors.

British American Tobacco Stock Down 0.5 %

NYSE:BTI opened at $28.38 on Wednesday. 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 fifty-two week low of $28.25 and a fifty-two week high of $37.65. The firm has a 50-day simple moving average of $30.07 and a two-hundred day simple moving average of $30.20.

British American Tobacco Dividend Announcement

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. The ex-dividend date is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a yield of 10.47%.

British American Tobacco 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.