18,977 Shares in BT Group plc (BT) Purchased by HRT Financial LLC

HRT Financial LLC bought a new stake in shares of BT Group plc (NYSE:BT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 18,977 shares of the utilities provider’s stock, valued at approximately $288,000.

Other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC boosted its holdings in BT Group by 61.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,511 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 953 shares during the period. Synovus Financial Corp lifted its stake in shares of BT Group by 18.2% in the fourth quarter. Synovus Financial Corp now owns 6,500 shares of the utilities provider’s stock valued at $98,000 after buying an additional 1,000 shares during the period. Bronfman E.L. Rothschild L.P. lifted its stake in shares of BT Group by 119.2% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,190 shares of the utilities provider’s stock valued at $33,000 after buying an additional 1,191 shares during the period. Dearborn Partners LLC lifted its stake in shares of BT Group by 8.3% in the fourth quarter. Dearborn Partners LLC now owns 16,096 shares of the utilities provider’s stock valued at $245,000 after buying an additional 1,232 shares during the period. Finally, Comerica Bank lifted its stake in BT Group by 1.2% during the fourth quarter. Comerica Bank now owns 116,302 shares of the utilities provider’s stock worth $1,796,000 after purchasing an additional 1,371 shares during the period. 0.95% of the stock is currently owned by institutional investors.

Several research firms have recently weighed in on BT. ValuEngine lowered shares of BT Group from a “hold” rating to a “sell” rating in a report on Saturday. Zacks Investment Research lowered shares of BT Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 26th. JPMorgan Chase & Co. raised shares of BT Group from a “neutral” rating to an “overweight” rating in a report on Thursday, January 24th. Berenberg Bank lowered shares of BT Group from a “buy” rating to a “hold” rating in a report on Tuesday, February 26th. Finally, Jefferies Financial Group assumed coverage on shares of BT Group in a research note on Thursday, March 21st. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $17.00.

Shares of NYSE BT traded up $0.08 during midday trading on Monday, reaching $15.06. 592,369 shares of the stock were exchanged, compared to its average volume of 875,742. The stock has a market cap of $29.91 billion, a price-to-earnings ratio of 8.14 and a beta of 0.58. BT Group plc has a 12 month low of $13.53 and a 12 month high of $17.50. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 1.30.

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BT Group Profile

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.

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Institutional Ownership by Quarter for BT Group (NYSE:BT)

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