Certior Financial Group LLC Takes $269,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

Certior Financial Group LLC acquired a new position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,418 shares of the company's stock, valued at approximately $269,000.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of British American Tobacco by 44.0% in the fourth quarter. FMR LLC now owns 10,232,402 shares of the company's stock valued at $371,641,000 after purchasing an additional 3,127,046 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of 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 valued at $221,343,000 after buying an additional 1,196,020 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of British American Tobacco by 4.8% in the 4th quarter. Natixis Advisors LLC now owns 3,010,687 shares of the company's stock valued at $109,348,000 after purchasing an additional 137,231 shares during the period. Raymond James Financial Inc. acquired a new position in shares of British American Tobacco in the 4th quarter valued at $55,620,000. Finally, Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of British American Tobacco by 202.8% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,369,751 shares of the company's stock valued at $49,749,000 after buying an additional 917,334 shares during the last quarter. Institutional investors and hedge funds own 16.16% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts have commented on the company. UBS Group raised British American Tobacco from a "neutral" rating to a "buy" rating in a research note on Monday, January 27th. StockNews.com upgraded British American Tobacco from a "hold" rating to a "buy" rating in a research note on Monday, February 17th.

British American Tobacco Stock Performance

NYSE BTI traded up $0.99 during trading hours on Friday, hitting $41.54. 8,528,204 shares of the stock were exchanged, compared to its average volume of 4,677,557. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $42.74. The stock has a 50-day moving average of $40.34 and a 200 day moving average of $37.83. The company has a market cap of $86.04 billion, a price-to-earnings ratio of 8.53 and a beta of 0.38. 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 Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be issued a $0.7491 dividend. The ex-dividend date of this dividend 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.