Scotia Capital Inc. Has $1.41 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Scotia Capital Inc. boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI - Free Report) by 25.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,653 shares of the company's stock after acquiring an additional 7,807 shares during the quarter. Scotia Capital Inc.'s holdings in British American Tobacco were worth $1,405,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. FMR LLC boosted its holdings in British American Tobacco by 44.0% during the fourth quarter. FMR LLC now owns 10,232,402 shares of the company's stock worth $371,641,000 after buying an additional 3,127,046 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of British American Tobacco by 24.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,094,244 shares of the company's stock worth $221,343,000 after purchasing an additional 1,196,020 shares during the period. Natixis Advisors LLC increased its stake in British American Tobacco by 4.8% in the 4th quarter. Natixis Advisors LLC now owns 3,010,687 shares of the company's stock worth $109,348,000 after purchasing an additional 137,231 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of British American Tobacco by 2,565.4% in the fourth quarter. Bank of Montreal Can now owns 2,079,322 shares of the company's stock worth $75,521,000 after buying an additional 2,001,311 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of British American Tobacco in the 4th quarter valued at approximately $55,620,000. Institutional investors own 16.16% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. UBS Group raised British American Tobacco from a "neutral" rating to a "buy" rating in a research note on Monday, January 27th. StockNews.com upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a report on Monday, February 17th.

British American Tobacco Stock Up 1.2 %

BTI traded up $0.50 during trading on Friday, reaching $42.33. 4,744,458 shares of the stock traded hands, compared to its average volume of 4,675,517. British American Tobacco p.l.c. has a fifty-two week low of $28.64 and a fifty-two week high of $42.74. The stock's 50-day simple moving average is $40.37 and its two-hundred day simple moving average is $38.01. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The stock has a market cap of $87.61 billion, a price-to-earnings ratio of 8.69 and a beta of 0.38.

British American Tobacco Dividend Announcement

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