British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by Capital Research Global Investors

Capital Research Global Investors lifted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 0.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,594,361 shares of the company's stock after acquiring an additional 47,439 shares during the quarter. Capital Research Global Investors owned about 0.75% of British American Tobacco worth $566,381,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its holdings in British American Tobacco by 1.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 493,451 shares of the company's stock worth $17,922,000 after acquiring an additional 7,875 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in British American Tobacco by 24.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 6,094,244 shares of the company's stock worth $221,343,000 after buying an additional 1,196,020 shares in the last quarter. Cove Street Capital LLC purchased a new stake in shares of British American Tobacco during the fourth quarter worth about $1,050,000. SG Americas Securities LLC grew its stake in British American Tobacco by 45.3% during the 4th quarter. SG Americas Securities LLC now owns 46,286 shares of the company's stock valued at $1,681,000 after purchasing an additional 14,432 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its stake in shares of British American Tobacco by 9.8% during the 4th quarter. QRG Capital Management Inc. now owns 196,073 shares of the company's stock valued at $7,121,000 after buying an additional 17,478 shares during the last quarter. 16.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. UBS Group raised shares of British American Tobacco from a "neutral" rating to a "buy" rating in a report on Monday, January 27th. StockNews.com raised British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th.

British American Tobacco Stock Performance

BTI stock traded down $0.59 during mid-day trading on Friday, reaching $41.87. The company had a trading volume of 1,652,680 shares, compared to its average volume of 4,680,008. The stock has a market capitalization of $86.65 billion, a P/E ratio of 8.60 and a beta of 0.38. The stock's 50-day simple moving average is $40.58 and its two-hundred day simple moving average is $38.20. British American Tobacco p.l.c. has a one year low of $29.08 and a one year high of $43.12. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65.

British American Tobacco Dividend Announcement

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

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.