Berkeley Capital Partners LLC raised its stake in shares of BT Group PLC (NYSE:BT) by 5.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,652 shares of the utilities provider’s stock after buying an additional 1,712 shares during the period. Berkeley Capital Partners LLC’s holdings in BT Group PLC were worth $634,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the stock. Advisors Asset Management Inc. raised its position in shares of BT Group PLC by 1,155.3% in the first quarter. Advisors Asset Management Inc. now owns 26,475 shares of the utilities provider’s stock valued at $532,000 after buying an additional 24,366 shares during the last quarter. First Trust Advisors LP raised its position in shares of BT Group PLC by 20.6% in the first quarter. First Trust Advisors LP now owns 122,664 shares of the utilities provider’s stock valued at $2,464,000 after buying an additional 20,992 shares during the last quarter. Wright Investors Service Inc. purchased a new position in shares of BT Group PLC during the first quarter valued at about $267,000. Miller Howard Investments Inc. NY raised its position in shares of BT Group PLC by 4.4% in the first quarter. Miller Howard Investments Inc. NY now owns 553,619 shares of the utilities provider’s stock valued at $11,122,000 after buying an additional 23,374 shares during the last quarter. Finally, Dubuque Bank & Trust Co. purchased a new position in shares of BT Group PLC during the first quarter valued at about $1,557,000. Institutional investors own 1.03% of the company’s stock.

Shares of BT Group PLC (NYSE:BT) opened at 19.41 on Friday. BT Group PLC has a 12 month low of $18.06 and a 12 month high of $26.76. The company’s 50 day moving average price is $19.82 and its 200-day moving average price is $19.88. The stock has a market capitalization of $38.58 billion, a P/E ratio of 18.31 and a beta of 1.05.

BT Group PLC (NYSE:BT) last announced its quarterly earnings data on Wednesday, May 10th. The utilities provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. BT Group PLC had a net margin of 7.14% and a return on equity of 40.09%. The company had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.88 billion. Equities analysts predict that BT Group PLC will post $1.84 earnings per share for the current year.

The company also recently disclosed a semiannual dividend, which will be paid on Tuesday, September 12th. Investors of record on Friday, August 11th will be issued a $0.6804 dividend. The ex-dividend date is Wednesday, August 9th. This represents a yield of 6.86%. BT Group PLC’s payout ratio is currently 90.39%.

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Several research analysts have issued reports on the company. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 265 ($3.45) price target on shares of BT Group PLC in a report on Wednesday, August 2nd. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 390 ($5.08) price target on shares of BT Group PLC in a report on Monday, August 7th. BidaskClub upgraded BT Group PLC from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Barclays PLC reiterated an “overweight” rating and issued a GBX 450 ($5.86) price target on shares of BT Group PLC in a report on Tuesday, August 1st. Finally, Zacks Investment Research lowered BT Group PLC from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $339.33.

BT Group PLC Company Profile

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

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