British American Tobacco p.l.c. (NYSE:BTI) Shares Acquired by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC boosted its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 1.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 493,451 shares of the company’s stock after acquiring an additional 7,875 shares during the period. O Shaughnessy Asset Management LLC’s holdings in British American Tobacco were worth $17,922,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in BTI. SG Americas Securities LLC grew its position in shares of British American Tobacco by 45.3% during the 4th quarter. SG Americas Securities LLC now owns 46,286 shares of the company’s stock valued at $1,681,000 after buying an additional 14,432 shares during the last quarter. QRG Capital Management Inc. grew its holdings in shares of British American Tobacco by 9.8% during the fourth quarter. QRG Capital Management Inc. now owns 196,073 shares of the company’s stock valued at $7,121,000 after purchasing an additional 17,478 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 purchasing an additional 26,863 shares during the last quarter. Cerity Partners LLC boosted its position in 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 purchasing an additional 31,250 shares during the period. Finally, Edmp Inc. acquired a new stake in British American Tobacco in the fourth quarter worth $219,000. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Trading Down 1.6 %

NYSE:BTI opened at $40.53 on Monday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year high of $42.74. The business has a fifty day moving average of $39.86 and a 200-day moving average of $37.64. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.58 and a current ratio of 0.76. The stock has a market cap of $83.94 billion, a price-to-earnings ratio of 8.32 and a beta of 0.50.

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 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 60.57%.

Analyst Upgrades and Downgrades

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

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.