Blue Capital Inc. Acquires New Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Blue Capital Inc. acquired a new stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,968 shares of the company's stock, valued at approximately $217,000.

Other institutional investors have also modified their holdings of the company. SRS Capital Advisors Inc. boosted its position in shares of British American Tobacco by 294.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock worth $26,000 after acquiring an additional 525 shares during the last quarter. 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 acquired a new position in British American Tobacco during the fourth quarter valued at approximately $34,000. Cullen Frost Bankers Inc. grew its stake in British American Tobacco by 334.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,099 shares of the company's stock worth $40,000 after buying an additional 846 shares during the period. Finally, ORG Partners LLC raised its stake in shares of 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 acquiring an additional 299 shares during the period. Institutional investors and hedge funds own 16.16% of the company's stock.

Analyst Ratings Changes

BTI has been the subject of a number of analyst reports. StockNews.com upgraded British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th. Bank of America assumed coverage on shares of British American Tobacco in a report on Wednesday, April 30th. They issued a "buy" rating on the stock. Finally, UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a research note on Monday, January 27th. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $33.00.

British American Tobacco Stock Performance

NYSE BTI traded down $1.66 during trading hours on Friday, reaching $41.64. The company's stock had a trading volume of 8,279,460 shares, compared to its average volume of 4,777,036. The stock has a market cap of $86.18 billion, a PE ratio of 8.55 and a beta of 0.32. The business has a 50-day simple moving average of $41.57 and a 200 day simple moving average of $38.82. British American Tobacco p.l.c. has a 52 week low of $30.01 and a 52 week high of $44.78. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65.

British American Tobacco Announces Dividend

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