Kohmann Bosshard Financial Services LLC Buys New Position in British American Tobacco p.l.c. (NYSE:BTI)

Kohmann Bosshard Financial Services LLC bought a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the 4th quarter, Holdings Channel.com reports. The firm bought 750 shares of the company’s stock, valued at approximately $27,000.

Other large investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc bought a new stake in British American Tobacco during the fourth quarter valued at approximately $34,000. ORG Partners LLC grew its position in British American Tobacco by 35.1% during the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company’s stock valued at $42,000 after buying an additional 299 shares during the period. Kieckhefer Group LLC bought a new stake in British American Tobacco during the fourth quarter valued at approximately $44,000. Creative Financial Designs Inc. ADV grew its position in British American Tobacco by 153.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,243 shares of the company’s stock valued at $45,000 after buying an additional 753 shares during the period. Finally, Duncker Streett & Co. Inc. boosted its position in shares of British American Tobacco by 43.1% in the fourth quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company’s stock worth $45,000 after purchasing an additional 374 shares during the period. 16.16% of the stock is currently owned by institutional investors.

British American Tobacco Price Performance

BTI stock opened at $39.77 on Tuesday. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The company’s fifty day moving average price is $38.13 and its 200-day moving average price is $37.18. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The company has a market capitalization of $82.47 billion, a PE ratio of 8.17 and a beta of 0.53.

British American Tobacco Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be issued a $0.7491 dividend. The ex-dividend date is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is presently 60.57%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. StockNews.com upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. UBS Group upgraded shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

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.