GQG Partners LLC Trims Position in British American Tobacco p.l.c. (NYSE:BTI)

GQG Partners LLC lowered its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 56.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,007,549 shares of the company’s stock after selling 7,697,013 shares during the period. GQG Partners LLC owned 0.29% of British American Tobacco worth $218,194,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. increased its stake in shares of British American Tobacco by 294.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company’s stock valued at $26,000 after acquiring an additional 525 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in British American Tobacco in the fourth quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in British American Tobacco during the fourth quarter worth approximately $34,000. Cullen Frost Bankers Inc. raised its stake in British American Tobacco by 334.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company’s stock worth $40,000 after purchasing an additional 846 shares during the period. Finally, ORG Partners LLC grew its stake in shares of British American Tobacco by 35.1% during the 4th 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. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Stock Performance

Shares of BTI stock opened at $40.85 on Tuesday. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. The company has a market cap of $84.62 billion, a PE ratio of 8.39 and a beta of 0.50. The company’s fifty day simple moving average is $39.47 and its 200-day simple moving average is $37.59. British American Tobacco p.l.c. has a 52 week low of $28.25 and a 52 week high of $42.74.

British American Tobacco Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently weighed in on the company. StockNews.com raised British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.

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.