Natixis Advisors LLC Boosts Stock Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Natixis Advisors LLC boosted its position in shares of British American Tobacco p.l.c. (NYSE:BTI) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,010,687 shares of the company’s stock after acquiring an additional 137,231 shares during the period. Natixis Advisors LLC owned 0.15% of British American Tobacco worth $109,348,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. FMR LLC increased its position in British American Tobacco by 67.7% during the 3rd quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after purchasing an additional 2,868,675 shares during the period. Raymond James Financial Inc. bought a new position in British American Tobacco during the 4th quarter valued at about $55,620,000. First Eagle Investment Management LLC lifted its stake in shares of British American Tobacco by 13.0% in the 4th quarter. First Eagle Investment Management LLC now owns 967,976 shares of the company’s stock worth $35,157,000 after purchasing an additional 111,033 shares during the period. ABC Arbitrage SA bought a new stake in British American Tobacco in the fourth quarter worth $31,480,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of British American Tobacco during the third quarter worth $28,183,000. 16.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BTI shares. StockNews.com upgraded British American Tobacco from a “hold” rating to a “buy” rating in a research note on Monday, February 17th. UBS Group upgraded British American Tobacco from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th.

British American Tobacco Stock Up 0.0 %

Shares of BTI opened at $41.40 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 one year low of $28.25 and a one year high of $42.74. The stock has a market capitalization of $85.85 billion, a price-to-earnings ratio of 8.50 and a beta of 0.50. The stock has a 50 day moving average price of $38.90 and a 200 day moving average price of $37.44.

British American Tobacco Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 12th. Stockholders of record on Friday, March 28th will be given a dividend of $0.7491 per share. The ex-dividend date of this dividend is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is presently 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.