British American Tobacco p.l.c. (NYSE:BTI) Shares Bought by Capital International Investors

Capital International Investors lifted its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 17.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,873,006 shares of the company's stock after buying an additional 5,673,619 shares during the quarter. Capital International Investors owned approximately 1.87% of British American Tobacco worth $1,411,179,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SRS Capital Advisors Inc. lifted its holdings in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after purchasing an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in British American Tobacco in the 4th quarter valued at about $27,000. Versant Capital Management Inc purchased a new stake in British American Tobacco during the 4th quarter worth approximately $34,000. Cullen Frost Bankers Inc. raised its holdings in shares of 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 last quarter. Finally, ORG Partners LLC lifted its position in shares of British American Tobacco by 35.1% in the fourth quarter. ORG Partners LLC now owns 1,151 shares of the company's stock valued at $42,000 after acquiring an additional 299 shares in the last quarter. Institutional investors and hedge funds own 16.16% of the company's stock.

British American Tobacco Trading Down 1.3 %

NYSE:BTI traded down $0.57 during trading hours on Wednesday, hitting $42.23. The company had a trading volume of 3,183,109 shares, compared to its average volume of 4,686,617. British American Tobacco p.l.c. has a 1 year low of $29.08 and a 1 year high of $43.12. The company has a market cap of $87.40 billion, a P/E ratio of 8.67 and a beta of 0.38. The company has a 50-day moving average of $40.43 and a 200 day moving average of $38.12. 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 disclosed a dividend, which will be paid on Monday, May 12th. Investors of record on Friday, March 28th will be given a dividend of $0.7491 per share. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco's payout ratio is currently 60.57%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. UBS Group upgraded British American Tobacco from a "neutral" rating to a "buy" rating in a 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.