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

Natixis Advisors LLC lifted its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 4.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,010,687 shares of the company's stock after acquiring an additional 137,231 shares during the period. Natixis Advisors LLC owned 0.15% of British American Tobacco worth $109,348,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. SRS Capital Advisors Inc. grew its position in British American Tobacco by 294.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after buying an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in British American Tobacco in the 4th quarter valued at about $27,000. Versant Capital Management Inc bought a new position in British American Tobacco in the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. grew its position in British American Tobacco by 334.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock valued at $40,000 after buying an additional 846 shares in the last quarter. Finally, ORG Partners LLC grew its position in British American Tobacco by 35.1% in the 4th quarter. ORG Partners LLC now owns 1,151 shares of the company's stock valued at $42,000 after buying an additional 299 shares in the last quarter. Institutional investors own 16.16% of the company's stock.

British American Tobacco Price Performance

NYSE BTI traded down $0.59 on Tuesday, reaching $41.25. The company's stock had a trading volume of 6,823,774 shares, compared to its average volume of 4,541,748. British American Tobacco p.l.c. has a twelve month low of $28.25 and a twelve month 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 stock has a market cap of $85.44 billion, a PE ratio of 8.47 and a beta of 0.50. The firm's 50 day moving average is $39.09 and its two-hundred day moving average is $37.50.

Remove Ads

British American Tobacco Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 12th. Shareholders 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 payout ratio is 60.57%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. UBS Group upgraded shares of 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 research report on Monday, February 17th.

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.