Eagle Global Advisors LLC Buys 20,969 Shares of BT Group plc (BT)
Eagle Global Advisors LLC grew its stake in shares of BT Group plc (NYSE:BT) by 11.5% during the first quarter, Holdings Channel reports. The institutional investor owned 203,229 shares of the utilities provider’s stock after purchasing an additional 20,969 shares during the quarter. Eagle Global Advisors LLC’s holdings in BT Group were worth $3,006,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. grew its stake in shares of BT Group by 119.2% during 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 last quarter. Princeton Global Asset Management LLC bought a new stake in shares of BT Group in the fourth quarter worth about $33,000. Proficio Capital Partners LLC grew its stake in shares of BT Group by 61.2% in the fourth quarter. Proficio Capital Partners LLC now owns 2,511 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 953 shares during the last quarter. Lindbrook Capital LLC bought a new stake in shares of BT Group in the fourth quarter worth about $45,000. Finally, Contravisory Investment Management Inc. bought a new stake in shares of BT Group in the first quarter worth about $50,000. 0.95% of the stock is currently owned by hedge funds and other institutional investors.
NYSE BT opened at $15.13 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $30.08 billion, a P/E ratio of 8.18 and a beta of 0.58. BT Group plc has a 1 year low of $13.53 and a 1 year high of $17.38.
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BT Group Company 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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