1,027,217 Shares in British American Tobacco PLC (BTI) Acquired by Two Sigma Investments LP

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Two Sigma Investments LP acquired a new position in shares of British American Tobacco PLC (NYSE:BTI) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,027,217 shares of the company’s stock, valued at approximately $32,727,000.

Several other institutional investors also recently modified their holdings of BTI. Wealthcare Advisory Partners LLC boosted its position in British American Tobacco by 90.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,146 shares of the company’s stock worth $37,000 after purchasing an additional 545 shares during the period. Maven Securities LTD purchased a new stake in British American Tobacco during the 4th quarter worth $562,000. Baillie Gifford & Co. boosted its position in British American Tobacco by 0.4% during the 4th quarter. Baillie Gifford & Co. now owns 137,840 shares of the company’s stock worth $4,392,000 after purchasing an additional 534 shares during the period. Semmax Financial Advisors Inc. purchased a new stake in British American Tobacco during the 4th quarter worth $239,000. Finally, Geode Capital Management LLC boosted its position in British American Tobacco by 6.6% during the 4th quarter. Geode Capital Management LLC now owns 49,102 shares of the company’s stock worth $1,512,000 after purchasing an additional 3,037 shares during the period. Hedge funds and other institutional investors own 6.32% of the company’s stock.

BTI stock traded up $0.40 during trading on Tuesday, reaching $42.07. The stock had a trading volume of 35,931 shares, compared to its average volume of 2,519,394. British American Tobacco PLC has a 1-year low of $30.67 and a 1-year high of $60.81. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.77 and a quick ratio of 0.41. The firm has a market capitalization of $88.80 billion, a P/E ratio of 11.43, a P/E/G ratio of 1.42 and a beta of 0.85.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Shareholders of record on Friday, March 22nd will be issued a $0.6745 dividend. The ex-dividend date is Thursday, March 21st. This represents a $2.70 dividend on an annualized basis and a yield of 6.41%. British American Tobacco’s dividend payout ratio is currently 68.21%.

BTI has been the topic of a number of recent analyst reports. Cowen lowered shares of British American Tobacco from an “outperform” rating to a “market perform” rating in a report on Monday, January 7th. Piper Jaffray Companies upgraded shares of British American Tobacco from a “neutral” rating to an “overweight” rating in a report on Tuesday, January 29th. Zacks Investment Research upgraded shares of British American Tobacco from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a report on Tuesday, February 12th. Finally, Royal Bank of Canada upgraded shares of British American Tobacco from an “underperform” rating to a “sector perform” rating in a report on Thursday, November 29th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $53.00.

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British American Tobacco Company Profile

British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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