O Shaughnessy Asset Management LLC Has $17.92 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

O Shaughnessy Asset Management LLC lifted its position in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 493,451 shares of the company's stock after buying an additional 7,875 shares during the period. O Shaughnessy Asset Management LLC's holdings in British American Tobacco were worth $17,922,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC grew its stake in shares of British American Tobacco by 67.7% during the 3rd quarter. FMR LLC now owns 7,105,356 shares of the company's stock worth $259,914,000 after acquiring an additional 2,868,675 shares in the last quarter. Raymond James Financial Inc. bought a new position in British American Tobacco in the fourth quarter valued at $55,620,000. Arrowstreet Capital Limited Partnership increased its stake in 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. ABC Arbitrage SA acquired a new position in British American Tobacco during the fourth quarter valued at approximately $31,480,000. Finally, Public Employees Retirement System of Ohio bought a new position in British American Tobacco in the third quarter valued at approximately $28,183,000. Institutional investors and hedge funds own 16.16% of the company's stock.

Analyst Upgrades and Downgrades

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

Remove Ads

British American Tobacco Stock Performance

Shares of BTI traded up $1.81 during mid-day trading on Thursday, reaching $42.06. The company's stock had a trading volume of 7,107,283 shares, compared to its average volume of 4,588,738. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. The stock has a market cap of $87.13 billion, a P/E ratio of 8.64 and a beta of 0.38. British American Tobacco p.l.c. has a 1-year low of $28.25 and a 1-year high of $42.74. The business has a 50-day simple moving average of $40.13 and a two-hundred day simple moving average of $37.69.

British American Tobacco Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be given 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.