CenterBook Partners LP Takes Position in British American Tobacco p.l.c. (NYSE:BTI)

CenterBook Partners LP purchased a new position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 26,144 shares of the company's stock, valued at approximately $950,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SRS Capital Advisors Inc. grew its stake in British American Tobacco by 294.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after purchasing an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of British American Tobacco during the 4th quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new stake in shares of British American Tobacco during the fourth quarter worth approximately $34,000. Cullen Frost Bankers Inc. raised its holdings in British American Tobacco by 334.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock valued at $40,000 after acquiring an additional 846 shares in the last quarter. Finally, ORG Partners LLC boosted its stake in British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock valued at $42,000 after acquiring an additional 299 shares during the last quarter. Hedge funds and other institutional investors own 16.16% of the company's stock.

British American Tobacco Stock Performance

Shares of British American Tobacco stock traded up $0.28 during trading hours on Tuesday, reaching $42.29. The company's stock had a trading volume of 4,729,982 shares, compared to its average volume of 4,668,024. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. British American Tobacco p.l.c. has a one year low of $28.25 and a one year high of $42.74. The company's 50 day simple moving average is $40.36 and its 200 day simple moving average is $37.87. The stock has a market cap of $87.51 billion, a P/E ratio of 8.68 and a beta of 0.38.

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British American Tobacco Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on BTI. StockNews.com raised shares of British American Tobacco from a "hold" rating to a "buy" rating in a research report 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 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.