one8zero8 LLC Buys Shares of 5,782 British American Tobacco p.l.c. (NYSE:BTI)

one8zero8 LLC purchased a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,782 shares of the company’s stock, valued at approximately $210,000.

Several other large investors have also recently bought and sold shares of BTI. SG Americas Securities LLC increased its holdings in shares of British American Tobacco by 45.3% in the 4th quarter. SG Americas Securities LLC now owns 46,286 shares of the company’s stock valued at $1,681,000 after purchasing an additional 14,432 shares during the period. QRG Capital Management Inc. increased its stake in British American Tobacco by 9.8% in the 4th quarter. QRG Capital Management Inc. now owns 196,073 shares of the company’s stock valued at $7,121,000 after buying an additional 17,478 shares during the period. Charles Schwab Investment Management Inc. lifted its position in British American Tobacco by 25.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 131,871 shares of the company’s stock worth $4,824,000 after buying an additional 26,863 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of British American Tobacco by 89.6% during the 3rd quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock valued at $2,419,000 after acquiring an additional 31,250 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of British American Tobacco by 3,153.0% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 572,077 shares of the company’s stock worth $20,927,000 after acquiring an additional 554,491 shares during the last quarter. 16.16% of the stock is owned by institutional investors and hedge funds.

British American Tobacco Price Performance

NYSE BTI opened at $41.40 on Monday. The firm has a market cap of $85.85 billion, a P/E ratio of 8.50 and a beta of 0.50. The stock’s 50-day moving average is $38.90 and its two-hundred day moving average is $37.44. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58.

British American Tobacco Dividend Announcement

The business also recently declared 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 (DPR) is presently 60.57%.

Analyst Upgrades and Downgrades

BTI has been the topic of a number of recent research reports. UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a research report on Monday, February 17th.

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.