AT Bancorp lowered its position in BT Group PLC (NYSE:BT) by 32.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,932 shares of the company’s stock after selling 40,736 shares during the period. AT Bancorp’s holdings in BT Group PLC were worth $2,185,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Sei Investments Co. raised its stake in BT Group PLC by 33.1% in the second quarter. Sei Investments Co. now owns 4,131 shares of the company’s stock valued at $115,000 after buying an additional 1,027 shares in the last quarter. NEXT Financial Group Inc raised its stake in BT Group PLC by 0.9% in the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the company’s stock valued at $149,000 after buying an additional 50 shares in the last quarter. Advisor Group Inc. purchased a new stake in BT Group PLC during the second quarter valued at about $169,000. Creative Planning raised its stake in BT Group PLC by 394.9% in the second quarter. Creative Planning now owns 6,642 shares of the company’s stock valued at $185,000 after buying an additional 5,300 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC purchased a new stake in BT Group PLC during the second quarter valued at about $214,000. Hedge funds and other institutional investors own 1.09% of the company’s stock.

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

Shares of BT Group PLC (NYSE:BT) traded down 2.51% on Monday, hitting $22.13. 595,017 shares of the stock were exchanged. BT Group PLC has a 12 month low of $21.61 and a 12 month high of $37.20. The company has a market cap of $43.96 billion, a PE ratio of 12.68 and a beta of 1.15. The company has a 50-day moving average price of $23.06 and a 200 day moving average price of $26.48.

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Several equities analysts recently commented on BT shares. Jefferies Group dropped their price objective on shares of BT Group PLC from GBX 400 ($4.96) to GBX 385 ($4.78) and set a “hold” rating for the company in a research note on Monday. Macquarie reissued an “underperform” rating and issued a GBX 310 ($3.85) price objective on shares of BT Group PLC in a research note on Thursday, October 27th. Deutsche Bank AG reissued a “sell” rating and issued a GBX 345 ($4.28) price objective on shares of BT Group PLC in a research note on Friday, October 28th. Societe Generale reissued a “buy” rating and issued a GBX 500 ($6.20) price objective on shares of BT Group PLC in a research note on Tuesday, August 9th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of BT Group PLC in a research note on Wednesday, August 17th. Three analysts have rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $437.41.

BT Group PLC Company Profile

5 Day Chart for NYSE:BT

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