Fox Run Management L.L.C. decreased its holdings in BT Group PLC (NYSE:BT) by 70.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,200 shares of the utilities provider’s stock after selling 36,100 shares during the quarter. Fox Run Management L.L.C.’s holdings in BT Group PLC were worth $292,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of BT. Russell Investments Group Ltd. purchased a new position in BT Group PLC in the 2nd quarter worth $129,000. Creative Planning raised its stake in BT Group PLC by 5.9% in the 2nd quarter. Creative Planning now owns 6,750 shares of the utilities provider’s stock worth $131,000 after acquiring an additional 377 shares during the last quarter. Stephens Inc. AR raised its stake in BT Group PLC by 3.2% in the 2nd quarter. Stephens Inc. AR now owns 11,204 shares of the utilities provider’s stock worth $217,000 after acquiring an additional 343 shares during the last quarter. WealthTrust Axiom LLC purchased a new position in BT Group PLC in the 2nd quarter worth $227,000. Finally, Sei Investments Co. raised its stake in BT Group PLC by 125.9% in the 2nd quarter. Sei Investments Co. now owns 16,067 shares of the utilities provider’s stock worth $312,000 after acquiring an additional 8,954 shares during the last quarter. 0.97% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have weighed in on BT shares. Macquarie lifted their price objective on BT Group PLC from GBX 330 ($4.35) to GBX 340 ($4.49) and gave the company an “outperform” rating in a research note on Monday, July 17th. Citigroup Inc reiterated a “buy” rating and set a GBX 360 ($4.75) price objective on shares of BT Group PLC in a research note on Monday, July 31st. Deutsche Bank AG reiterated a “sell” rating and set a GBX 265 ($3.50) price objective on shares of BT Group PLC in a research note on Wednesday, August 9th. BidaskClub lowered BT Group PLC from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 410 ($5.41) price target on shares of BT Group PLC in a research note on Monday, July 31st. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $318.94.

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BT Group PLC (NYSE BT) opened at $16.51 on Friday. The firm has a market capitalization of $33.24 billion, a price-to-earnings ratio of 9.26, a P/E/G ratio of 4.07 and a beta of 0.98. The company has a quick ratio of 0.81, a current ratio of 0.83 and a debt-to-equity ratio of 1.50.

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, December 28th. This represents a dividend yield of 3.84%. BT Group PLC’s dividend payout ratio is presently 91.35%.

BT Group PLC Company Profile

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

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