British American Tobacco Plc ADR (NYSE:BTI)’s traded shares stood at 2.64 million during the latest session, with the company’s beta value hitting 0.53. At the last check today, the stock’s price was $37.83, to imply an increase of 1.73% or $0.64 in intraday trading. The BTI share’s 52-week high remains $39.54, putting it -4.52% down since that peak but still an impressive 25.32% since price per share fell to its 52-week low of $28.25. The company has a valuation of $83.54B, with an average of 3.45 million shares in intraday trading volume over the past 10 days and average of 4.48 million shares over the past 3 months.
Analysts have given a consensus recommendation of Strong Buy for British American Tobacco Plc ADR (BTI), translating to a mean rating of 3.50. Of 2 analyst(s) looking at the stock, 0 analyst(s) give BTI a Sell rating. 1 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
British American Tobacco Plc ADR (NYSE:BTI) trade information
After registering a 1.73% upside in the latest session, British American Tobacco Plc ADR (BTI) has traded red over the past five days. The 5-day price performance for the stock is -0.28%, and 6.70% over 30 days. With these gigs, the year-to-date price performance is 29.17%. Short interest in British American Tobacco Plc ADR (NYSE:BTI) saw shorts transact 5.6 million shares and set a 1.28 days time to cover.
British American Tobacco Plc ADR (BTI) estimates and forecasts
Looking at statistics comparing British American Tobacco Plc ADR share performance against respective industry, we note that the company has underperformed competitors. British American Tobacco Plc ADR (BTI) shares are 21.07% up over the last 6 months, with its year-to-date growth rate lower than industry average at -1.71% against 3.20%. The rating firms project that company’s revenue will shrink -4.24% compared to the previous financial year.
BTI Dividends
British American Tobacco Plc ADR has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. British American Tobacco Plc ADR has a forward dividend ratio of 2.98, with the share yield ticking at 7.88% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 7.77%.
British American Tobacco Plc ADR (NYSE:BTI)’s Major holders
British American Tobacco Plc ADR insiders hold 0.27% of total outstanding shares, with institutional holders owning 9.26% of the shares at 9.29% float percentage. In total, 9.26% institutions holds shares in the company, led by CAPITAL INTERNATIONAL INVESTORS. As of 2024-06-30, the company held over 26.39 million shares (or 1.184% of shares), all amounting to roughly $818.22 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 20.05 million shares, or about 0.8994% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $620.1 million.
We also have Washington Mutual Investors Fund and American Mutual Fund Inc as the top two Mutual Funds with the largest holdings of the British American Tobacco Plc ADR (BTI) shares. Going by data provided on Sep 30, 2024, Washington Mutual Investors Fund holds roughly 20.57 shares. This is just over 0.93% of the total shares, with a market valuation of $777.51 million. Data from the same date shows that the other fund manager holds a little less at 16.12, or 0.73% of the shares, all valued at about 609.36 million.
