Charles Schwab Investment Management Inc. Acquires 27,492 Shares of British American Tobacco p.l.c. (NYSE:BTI)

Charles Schwab Investment Management Inc. lifted its stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 20.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 159,363 shares of the company's stock after purchasing an additional 27,492 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in British American Tobacco were worth $5,788,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Key Client Fiduciary Advisors LLC increased its position in shares of British American Tobacco by 2.0% in the fourth quarter. Key Client Fiduciary Advisors LLC now owns 15,047 shares of the company's stock worth $547,000 after acquiring an additional 295 shares in the last quarter. ORG Partners LLC grew its position in British American Tobacco by 35.1% during the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock worth $42,000 after purchasing an additional 299 shares in the last quarter. Duncker Streett & Co. Inc. raised its stake in British American Tobacco by 43.1% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,242 shares of the company's stock valued at $45,000 after purchasing an additional 374 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of British American Tobacco by 17.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,570 shares of the company's stock valued at $93,000 after purchasing an additional 388 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in shares of British American Tobacco by 7.9% in the fourth quarter. Rhumbline Advisers now owns 5,458 shares of the company's stock worth $198,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 16.16% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a research report on Monday, January 27th. StockNews.com upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th.

British American Tobacco Stock Up 0.8 %

BTI traded up $0.32 during trading on Thursday, reaching $41.14. 3,749,315 shares of the stock traded hands, compared to its average volume of 4,481,436. The stock's 50-day simple moving average is $39.78 and its two-hundred day simple moving average is $37.65. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74. The stock has a market cap of $85.21 billion, a price-to-earnings ratio of 8.45 and a beta of 0.50.

British American Tobacco Announces Dividend

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