British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by West Family Investments Inc.

West Family Investments Inc. increased its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 33.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,518 shares of the company’s stock after purchasing an additional 2,124 shares during the quarter. West Family Investments Inc.’s holdings in British American Tobacco were worth $309,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of BTI. SRS Capital Advisors Inc. raised its stake 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 acquiring an additional 525 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in British American Tobacco in the 4th quarter valued at $27,000. Versant Capital Management Inc purchased a new position in British American Tobacco in the fourth quarter valued at about $34,000. Cullen Frost Bankers Inc. lifted its stake 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 worth $40,000 after purchasing an additional 846 shares in the last quarter. Finally, ORG Partners LLC boosted 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 worth $42,000 after buying an additional 299 shares during the period. Hedge funds and other institutional investors own 16.16% of the company’s stock.

British American Tobacco Stock Up 1.7 %

Shares of NYSE BTI opened at $40.86 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The stock’s 50-day simple moving average is $38.43 and its 200-day simple moving average is $37.28. The firm has a market cap of $84.74 billion, a price-to-earnings ratio of 8.39 and a beta of 0.50.

British American Tobacco Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 12th. Shareholders of record on Friday, March 28th will be issued a dividend of $0.7491 per share. The ex-dividend date is Friday, March 28th. British American Tobacco’s dividend payout ratio is presently 60.57%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BTI. StockNews.com raised British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a research report on Monday, January 27th.

About British American Tobacco

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.