Woodard & Co. Asset Management Group Inc. ADV Purchases Shares of 12,340 British American Tobacco PLC (BTI)

Woodard & Co. Asset Management Group Inc. ADV purchased a new position in shares of British American Tobacco PLC (NYSE:BTI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,340 shares of the company’s stock, valued at approximately $827,000. British American Tobacco makes up approximately 0.7% of Woodard & Co. Asset Management Group Inc. ADV’s holdings, making the stock its 15th biggest holding.

A number of other institutional investors also recently made changes to their positions in the stock. Glovista Investments LLC bought a new position in British American Tobacco in the 4th quarter valued at $3,060,000. Atria Investments LLC grew its stake in British American Tobacco by 82.9% in the 4th quarter. Atria Investments LLC now owns 10,090 shares of the company’s stock valued at $676,000 after purchasing an additional 4,572 shares during the period. K2 Principal Fund L.P. bought a new position in British American Tobacco in the 3rd quarter valued at $1,249,000. Vontobel Asset Management Inc. grew its stake in British American Tobacco by 28.1% in the 4th quarter. Vontobel Asset Management Inc. now owns 1,282,336 shares of the company’s stock valued at $85,905,000 after purchasing an additional 281,543 shares during the period. Finally, Commonwealth Bank of Australia bought a new position in British American Tobacco in the 3rd quarter valued at $1,221,000. Institutional investors and hedge funds own 8.79% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of BTI stock traded down $0.49 during midday trading on Wednesday, hitting $55.29. The stock had a trading volume of 201,323 shares, compared to its average volume of 1,781,082. British American Tobacco PLC has a 1 year low of $55.02 and a 1 year high of $73.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.52 and a current ratio of 0.90.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 20th. Stockholders of record on Friday, October 5th will be given a dividend of $0.6792 per share. The ex-dividend date of this dividend is Thursday, October 4th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.91%.

A number of research analysts have issued reports on the company. Citigroup downgraded British American Tobacco from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 28th. Zacks Investment Research upgraded British American Tobacco from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research note on Thursday, January 25th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $79.00.

TRADEMARK VIOLATION NOTICE: “Woodard & Co. Asset Management Group Inc. ADV Purchases Shares of 12,340 British American Tobacco PLC (BTI)” was originally posted by Markets Daily and is the property of of Markets Daily. If you are viewing this piece on another site, it was illegally copied and republished in violation of United States and international copyright & trademark law. The correct version of this piece can be viewed at https://www.themarketsdaily.com/2018/03/21/woodard-co-asset-management-group-inc-adv-purchases-shares-of-12340-british-american-tobacco-plc-bti.html.

British American Tobacco Profile

British American Tobacco p.l.c. is a tobacco and next generation products company. The Company’s tobacco product range includes cigarettes, fine cut (roll-your-own and make-your-own tobacco) and Swedish-style snus. Its segments include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

Want to see what other hedge funds are holding BTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for British American Tobacco PLC (NYSE:BTI).

Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

Receive News & Ratings for British American Tobacco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British American Tobacco and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply