British American Tobacco (BATS)

Sector:

Tobacco

Index:

FTSE 100

2,710.00p
   
  • Change Today:
    -100.00p
  • 52 Week High: 3,619.00
  • 52 Week Low: 2,375.00
  • Currency: UK Pounds
  • Shares Issued: 2,293.81m
  • Volume: 5,988,960
  • Market Cap: £62,162m
  • RiskGrade: 151
  • Beta: 0.00

Director dealings: British American Tobacco execs lower stakes

By Iain Gilbert

Date: Wednesday 03 Apr 2019

LONDON (ShareCast) - (Sharecast News) - British American Tobacco's outgoing chief executive Nicandro Durante disposed of some shares in the FTSE 100 constituent on Wednesday in order to cover the tax liability resulting from the 29,690 shares which vested as part of the company's 2016 deferred share bonus scheme.
Durante, who took acted as British American's CEO between March 2011 and March 2019, sold the 13,958 shares at an average price of 3,194p each, for a total value of £445,819, while opting to hold onto the remainder.

British American Tobacco was upgraded by analysts at Citi in late March, with the bank arguing that share prices across the sector were set to improve as the regulatory environment eases.

Citi said that tobacco stocks had struggled in 2018, hit by an increased regulatory threats, weakening cigarette trends in the US market and leverage concerns caused by the increase in credit spreads.

The bank upgraded BAT to a 'buy' and upped its price target to £36 from £30. Citi said it was forecasting around 50% growth in NGP sales this year, adding: "The stock has risen about 28% in the year to date, but we think that is more to do with the decline in credit spreads than a reappraisal of fundamentals."

As of 1630 GMT, British American Tobacco shares had slipped 2.20% to 3,108.50p.



Top Director Buys

JTC (JTC)

Director name: Mr Nigel Le Quesne

Amount purchased: 65,000 @ 319.85p

Value: £207,902



Management Resources Solutions (MRS)

Director name: Mr John Zorbas

Amount purchased: 4,450,000 @ 2.48p

Value: £110,360



Capital Gearing Trust (CGT)

Director name: Mr Alastair Laing

Amount purchased: 1,078 @ 4,151.00p

Value: £44,748



Top Director Sells

British American Tobacco (BATS)

Director name: Mr Nicandro Durante

Amount sold: 13,958 @ 3,194.00p

Value: £445,819



British American Tobacco (BATS)

Director name: Mr Ben Stevens

Amount sold: 9,154 @ 3,194.00p

Value: £292,379



Boku, Inc (DI) Reg S Cat 3/144A (BOKU)

Director name: Mr Stuart Paul Neal

Amount sold: 58,986 @ 108.00p

Value: £63,705



Boku, Inc (DI) Reg S Cat 3/144A (BOKU)

Director name: Mr Jonathan Peter Prideaux

Amount sold: 39,325 @ 108.00p

Value: £42,471



British American Tobacco (BATS)

Director name: Mr Jack Bowles

Amount sold: 825 @ 3,194.00p

Value: £26,350



Boku, Inc (DI) Reg S Cat 3/144A (BOKU)

Director name: Mr Mark Jorge Britto

Amount sold: 18,607 @ 108.00p

Value: £20,096



Inland Homes (INL)

Director name: Mr Nishith Motilal Meghji Malde

Amount sold: 31,000 @ 59.50p

Value: £18,445

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BATS Market Data

Currency UK Pounds
Share Price 2,710.00p
Change Today -100.00p
% Change -3.56 %
52 Week High 3,619.00
52 Week Low 2,375.00
Volume 5,988,960
Shares Issued 2,293.81m
Market Cap £62,162m
Beta 0.00
RiskGrade 151

BATS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
59.1% below the market average59.1% below the market average59.1% below the market average59.1% below the market average59.1% below the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
90.34% above the market average90.34% above the market average90.34% above the market average90.34% above the market average90.34% above the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
55.95% above the market average55.95% above the market average55.95% above the market average55.95% above the market average55.95% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 14
Buy 0
Neutral 4
Sell 1
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BATS Dividends

  Latest Previous
  Q4 Q3
Ex-Div 24-Dec-19 03-Oct-19
Paid 06-Feb-20 14-Nov-19
Amount 50.75p 50.75p

Trades for 11-Oct-2019

Time Volume / Share Price
16:45 6,600 @ 2,734.10p
16:35 1,300,521 @ 2,710.00p
16:29 200 @ 2,696.50p
16:29 13 @ 2,697.50p
16:29 200 @ 2,697.50p

BATS Key Personnel

Chair Richard Burrows
CEO Jack Bowles
Finance Director Tadeu Marroco

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