Union Bancaire Privee UBP SA Buys Shares of 2,135 British American Tobacco p.l.c. (NYSE:BTI)

Union Bancaire Privee UBP SA purchased a new stake in shares of British American Tobacco p.l.c. (NYSE:BTI) in the 4th quarter, Holdings Channel reports. The fund purchased 2,135 shares of the company’s stock, valued at approximately $77,000.

Several other institutional investors have also recently made changes to their positions in the business. FMR LLC increased its holdings in British American Tobacco by 67.7% during the third quarter. FMR LLC now owns 7,105,356 shares of the company’s stock valued at $259,914,000 after buying an additional 2,868,675 shares during the last quarter. Natixis Advisors LLC grew its position in shares of British American Tobacco by 7.7% during the 3rd quarter. Natixis Advisors LLC now owns 2,873,456 shares of the company’s stock valued at $105,111,000 after acquiring an additional 206,117 shares during the period. ABC Arbitrage SA purchased a new stake in shares of British American Tobacco in the 4th quarter worth $31,480,000. Public Employees Retirement System of Ohio bought a new position in British American Tobacco in the 3rd quarter worth $28,183,000. Finally, Bridgewater Associates LP purchased a new position in British American Tobacco during the third quarter valued at $27,118,000. Institutional investors own 16.16% of the company’s stock.

British American Tobacco Trading Up 1.4 %

Shares of British American Tobacco stock opened at $38.61 on Wednesday. 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 company has a fifty day moving average of $37.93 and a 200 day moving average of $37.10. The company has a market capitalization of $80.06 billion, a P/E ratio of 7.93 and a beta of 0.53. British American Tobacco p.l.c. has a fifty-two week low of $28.25 and a fifty-two week high of $42.74.

British American Tobacco Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Tuesday, December 30th will be given a dividend of $0.7391 per share. This represents a $2.96 annualized dividend and a dividend yield of 7.66%. The ex-dividend date of this dividend is Tuesday, December 30th. British American Tobacco’s dividend payout ratio is currently 60.57%.

Analyst Ratings Changes

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