Stokes Family Office LLC Sells 7,070 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Stokes Family Office LLC trimmed its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 33.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,856 shares of the company’s stock after selling 7,070 shares during the quarter. Stokes Family Office LLC’s holdings in British American Tobacco were worth $406,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Intrust Bank NA raised its holdings in shares of British American Tobacco by 3.5% in the fourth quarter. Intrust Bank NA now owns 11,347 shares of the company’s stock valued at $332,000 after acquiring an additional 380 shares in the last quarter. Atria Wealth Solutions Inc. lifted its stake in British American Tobacco by 1.6% in the third quarter. Atria Wealth Solutions Inc. now owns 23,906 shares of the company’s stock worth $759,000 after acquiring an additional 382 shares during the period. Kennon Green & Company LLC lifted its stake in British American Tobacco by 0.3% in the third quarter. Kennon Green & Company LLC now owns 173,375 shares of the company’s stock worth $5,446,000 after acquiring an additional 450 shares during the period. Sage Rhino Capital LLC lifted its stake in British American Tobacco by 7.2% in the third quarter. Sage Rhino Capital LLC now owns 7,102 shares of the company’s stock worth $223,000 after acquiring an additional 476 shares during the period. Finally, Moors & Cabot Inc. lifted its stake in British American Tobacco by 0.9% in the third quarter. Moors & Cabot Inc. now owns 54,033 shares of the company’s stock worth $1,697,000 after acquiring an additional 477 shares during the period. 21.44% of the stock is currently owned by institutional investors.

British American Tobacco Stock Up 0.0 %

NYSE:BTI traded up $0.01 during mid-day trading on Friday, reaching $29.81. The company’s stock had a trading volume of 2,426,573 shares, compared to its average volume of 5,424,051. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $35.92. The stock has a fifty day moving average of $29.79 and a 200-day moving average of $30.10. The company has a quick ratio of 0.59, a current ratio of 0.91 and a debt-to-equity ratio of 0.67.

British American Tobacco Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 6th. Shareholders of record on Friday, December 20th will be issued a $0.7431 dividend. The ex-dividend date of this dividend is Friday, December 20th. This represents a $2.97 dividend on an annualized basis and a yield of 9.97%.

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.