Moors & Cabot Inc. Has $2.97 Million Holdings in British American Tobacco p.l.c. (NYSE:BTI)

Moors & Cabot Inc. increased its holdings in British American Tobacco p.l.c. (NYSE:BTI) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,858 shares of the company’s stock after acquiring an additional 321 shares during the period. Moors & Cabot Inc.’s holdings in British American Tobacco were worth $2,973,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. raised its holdings in shares of British American Tobacco by 35.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 207,724 shares of the company’s stock worth $7,599,000 after acquiring an additional 54,555 shares during the last quarter. 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 acquiring an additional 14,432 shares during the period. QRG Capital Management Inc. boosted its holdings 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 worth $7,121,000 after buying an additional 17,478 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings 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 during the period. Finally, Cerity Partners LLC boosted its holdings in British American Tobacco by 89.6% in the 3rd quarter. Cerity Partners LLC now owns 66,130 shares of the company’s stock worth $2,419,000 after buying an additional 31,250 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Stock Performance

NYSE BTI opened at $41.37 on Thursday. British American Tobacco p.l.c. has a 1 year low of $28.25 and a 1 year 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. The stock has a market capitalization of $85.78 billion, a PE ratio of 8.49 and a beta of 0.50. The company’s 50 day simple moving average is $38.72 and its two-hundred day simple moving average is $37.38.

British American Tobacco Dividend Announcement

The business also recently disclosed 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 is Friday, March 28th. British American Tobacco’s dividend payout ratio (DPR) is currently 60.57%.

Analyst Upgrades and Downgrades

Several research firms recently commented on BTI. StockNews.com raised shares of British American Tobacco from a “hold” rating to a “buy” rating in a report on Monday, February 17th. UBS Group raised shares of British American Tobacco from a “neutral” rating to a “buy” rating in a report on Monday, January 27th.

British American Tobacco Company 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.