Capital International Sarl Takes $501,000 Position in British American Tobacco p.l.c. (NYSE:BTI)

Capital International Sarl purchased a new stake in British American Tobacco p.l.c. (NYSE:BTI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,789 shares of the company's stock, valued at approximately $501,000.

Several other institutional investors and hedge funds also recently made changes to their positions in BTI. SRS Capital Advisors Inc. raised its holdings 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 acquiring an additional 525 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of British American Tobacco during the fourth quarter valued at approximately $27,000. Versant Capital Management Inc acquired a new position in shares of British American Tobacco in the fourth quarter valued at $34,000. Cullen Frost Bankers Inc. boosted 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 in the last quarter. Finally, ORG Partners LLC increased its holdings 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 during the period. Institutional investors own 16.16% of the company's stock.

Wall Street Analyst Weigh In

BTI has been the topic of a number of analyst reports. StockNews.com raised shares of 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 report on Monday, January 27th.

British American Tobacco Trading Down 1.4 %

BTI stock traded down $0.62 during trading on Friday, hitting $41.84. The company had a trading volume of 1,481,549 shares, compared to its average volume of 4,679,344. The stock has a market cap of $86.58 billion, a price-to-earnings ratio of 8.59 and a beta of 0.38. The company has a quick ratio of 0.58, a current ratio of 0.76 and a debt-to-equity ratio of 0.65. The firm has a 50-day moving average price of $40.58 and a 200-day moving average price of $38.20. British American Tobacco p.l.c. has a 12 month low of $29.08 and a 12 month high of $43.12.

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 $0.7491 dividend. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco's payout ratio is 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.