Capital International Inc. CA Grows Position in British American Tobacco p.l.c. (NYSE:BTI)

Capital International Inc. CA lifted its stake in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 51.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 305,678 shares of the company's stock after purchasing an additional 104,062 shares during the period. Capital International Inc. CA's holdings in British American Tobacco were worth $11,102,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. SRS Capital Advisors Inc. raised its holdings in shares of British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after acquiring an additional 525 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in British American Tobacco in the 4th quarter valued at $27,000. Versant Capital Management Inc purchased a new position in British American Tobacco in the 4th quarter valued at $34,000. Cullen Frost Bankers Inc. grew its holdings in shares of British American Tobacco by 334.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock worth $40,000 after buying an additional 846 shares in the last quarter. Finally, ORG Partners LLC raised its position in shares of British American Tobacco by 35.1% in the fourth 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 last quarter. 16.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on BTI shares. StockNews.com raised shares of British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday, February 17th. UBS Group raised British American Tobacco from a "neutral" rating to a "buy" rating in a report on Monday, January 27th.

British American Tobacco Trading Down 1.4 %

Shares of BTI traded down $0.59 during mid-day trading on Friday, reaching $41.87. The stock had a trading volume of 1,652,680 shares, compared to its average volume of 4,680,008. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The business's fifty day moving average is $40.58 and its 200 day moving average is $38.20. British American Tobacco p.l.c. has a 52-week low of $29.08 and a 52-week high of $43.12. The firm has a market cap of $86.65 billion, a price-to-earnings ratio of 8.60 and a beta of 0.38.

British American Tobacco Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco's dividend payout ratio is currently 60.57%.

About British American Tobacco

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.