Blue Capital Inc. Takes $217,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

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

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. SRS Capital Advisors Inc. boosted its position in shares of 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 purchasing an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of British American Tobacco during the 4th quarter worth about $27,000. Versant Capital Management Inc bought a new position in shares of British American Tobacco in the fourth quarter valued at approximately $34,000. Cullen Frost Bankers Inc. boosted its holdings 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 valued at $40,000 after acquiring an additional 846 shares during the period. Finally, ORG Partners LLC increased 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 worth $42,000 after buying an additional 299 shares during the period. 16.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in 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 British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th. Finally, Bank of America started coverage on British American Tobacco in a research note on Wednesday, April 30th. They issued a "buy" rating on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $33.00.

British American Tobacco Price Performance

Shares of NYSE:BTI traded down $0.11 during trading on Wednesday, reaching $44.45. 7,932,867 shares of the company traded hands, compared to its average volume of 4,741,820. The company's 50 day moving average is $41.46 and its two-hundred day moving average is $38.71. The firm has a market capitalization of $91.99 billion, a PE ratio of 9.13 and a beta of 0.32. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. British American Tobacco p.l.c. has a 52 week low of $29.97 and a 52 week high of $44.78.

British American Tobacco Dividend Announcement

The firm also recently disclosed 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 dividend payout ratio (DPR) is presently 60.57%.

British American Tobacco 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.