UBS upgraded shares of BT Group (NYSE:BT) from a neutral rating to a buy rating in a research note published on Wednesday morning.

Other analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of BT Group from a sell rating to a hold rating in a report on Wednesday, August 16th. BidaskClub downgraded shares of BT Group from a buy rating to a hold rating in a report on Friday, August 18th. Macquarie reaffirmed an outperform rating and set a GBX 355 ($4.78) price target on shares of BT Group in a report on Tuesday, September 12th. Jefferies Group reaffirmed a hold rating and set a GBX 280 ($3.77) price target on shares of BT Group in a report on Wednesday, September 13th. Finally, Goldman Sachs Group reaffirmed a neutral rating and set a GBX 340 ($4.58) price target on shares of BT Group in a report on Monday, September 18th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. BT Group currently has an average rating of Hold and an average price target of $317.18.

Shares of BT Group (NYSE BT) traded up $0.17 during trading on Wednesday, hitting $18.26. 1,449,800 shares of the stock were exchanged, compared to its average volume of 747,760. BT Group has a 12 month low of $16.15 and a 12 month high of $24.65. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.81 and a current ratio of 0.83. The company has a market cap of $35,950.00, a P/E ratio of 9.99, a PEG ratio of 5.01 and a beta of 0.93.

The business also recently disclosed a None dividend, which will be paid on Monday, February 12th. Investors of record on Friday, December 29th will be given a dividend of $0.297 per share. This represents a yield of 3.84%. The ex-dividend date of this dividend is Thursday, December 28th. BT Group’s dividend payout ratio is 91.35%.

Hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in BT Group during the 2nd quarter worth approximately $129,000. Stephens Inc. AR increased its position in BT Group by 3.2% during the 2nd quarter. Stephens Inc. AR now owns 11,204 shares of the utilities provider’s stock worth $217,000 after purchasing an additional 343 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in BT Group during the 3rd quarter worth approximately $224,000. FDx Advisors Inc. acquired a new position in BT Group during the 3rd quarter worth approximately $233,000. Finally, Sei Investments Co. increased its position in BT Group by 125.9% during the 2nd quarter. Sei Investments Co. now owns 16,067 shares of the utilities provider’s stock worth $312,000 after purchasing an additional 8,954 shares in the last quarter. Institutional investors and hedge funds own 0.96% of the company’s stock.

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BT Group Company Profile

Analyst Recommendations for BT Group (NYSE:BT)

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