325,440 Shares in British American Tobacco p.l.c. (NYSE:BTI) Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. bought a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 325,440 shares of the company’s stock, valued at approximately $11,820,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC increased its holdings in British American Tobacco by 67.7% in the 3rd quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after acquiring an additional 2,868,675 shares during the last quarter. ABC Arbitrage SA purchased a new stake in British American Tobacco in the 4th quarter valued at about $31,480,000. Public Employees Retirement System of Ohio purchased a new stake in British American Tobacco in the 3rd quarter valued at about $28,183,000. Bridgewater Associates LP bought a new stake in shares of British American Tobacco in the 3rd quarter valued at about $27,118,000. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of British American Tobacco by 3,153.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock valued at $20,927,000 after purchasing an additional 554,491 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Price Performance

British American Tobacco stock opened at $38.93 on Friday. British American Tobacco p.l.c. has a 12-month low of $28.25 and a 12-month high of $42.74. The stock has a market cap of $80.74 billion, a P/E ratio of 7.99 and a beta of 0.53. The company has a 50-day moving average price of $38.06 and a 200 day moving average price of $37.15. 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 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 paid a $0.7491 dividend. The ex-dividend date is Friday, March 28th. British American Tobacco’s payout ratio is 60.57%.

Wall Street Analyst Weigh In

Several research firms recently commented on BTI. StockNews.com upgraded 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 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.