British American Tobacco p.l.c. (NYSE:BTI) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,010,687 shares of the company's stock after acquiring an additional 137,231 shares during the quarter. Natixis Advisors LLC owned approximately 0.15% of British American Tobacco worth $109,348,000 at the end of the most recent quarter.

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

British American Tobacco Price Performance

NYSE:BTI traded up $0.47 during trading hours on Monday, hitting $41.83. The company's stock had a trading volume of 3,740,443 shares, compared to its average volume of 4,726,011. British American Tobacco p.l.c. has a 52-week low of $28.25 and a 52-week high of $42.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The business's 50-day moving average is $38.90 and its two-hundred day moving average is $37.44. The company has a market capitalization of $86.75 billion, a PE ratio of 8.59 and a beta of 0.50.

Remove Ads

British American Tobacco Dividend Announcement

The business also recently disclosed 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 of this dividend is Friday, March 28th. British American Tobacco's dividend payout ratio (DPR) is 60.57%.

Wall Street Analyst Weigh In

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

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.