British American Tobacco p.l.c. (NYSE:BTI) is Kennon Green & Company LLC’s 6th Largest Position

Kennon Green & Company LLC lessened its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,485 shares of the company’s stock after selling 725 shares during the period. British American Tobacco makes up approximately 5.0% of Kennon Green & Company LLC’s portfolio, making the stock its 6th largest position. Kennon Green & Company LLC’s holdings in British American Tobacco were worth $5,756,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Key Client Fiduciary Advisors LLC boosted its position in British American Tobacco by 2.0% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company’s stock valued at $547,000 after buying an additional 295 shares during the period. ORG Partners LLC boosted its position in British American Tobacco by 35.1% in 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. First City Capital Management Inc. boosted its position in British American Tobacco by 2.8% in the 3rd quarter. First City Capital Management Inc. now owns 10,890 shares of the company’s stock valued at $398,000 after buying an additional 300 shares during the period. Greenleaf Trust boosted its position in British American Tobacco by 1.8% in the 3rd quarter. Greenleaf Trust now owns 21,211 shares of the company’s stock valued at $776,000 after buying an additional 376 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of British American Tobacco by 17.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,570 shares of the company’s stock valued at $93,000 after purchasing an additional 388 shares in the last quarter. Hedge funds and other institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Down 2.0 %

Shares of NYSE:BTI opened at $37.80 on Friday. The company’s fifty day moving average price is $37.90 and its 200 day moving average price is $37.04. British American Tobacco p.l.c. has a 12 month low of $28.25 and a 12 month high of $42.74. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65.

British American Tobacco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, December 30th will be paid a dividend of $0.7391 per share. The ex-dividend date is Tuesday, December 30th. This represents a $2.96 annualized dividend and a yield of 7.82%.

Analyst Upgrades and Downgrades

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

British American Tobacco Company 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.