Shares of BT Group PLC (NYSE:BT) have earned a consensus recommendation of “Hold” from the twenty-two analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $332.50.

A number of analysts have recently issued reports on BT shares. Zacks Investment Research raised shares of BT Group from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Numis Securities reissued a “buy” rating and set a GBX 390 ($5.25) target price on shares of BT Group in a research note on Thursday, September 14th. ValuEngine raised shares of BT Group from a “hold” rating to a “buy” rating in a research note on Monday, November 27th. Morgan Stanley lowered their price objective on shares of BT Group from GBX 350 ($4.71) to GBX 320 ($4.31) and set an “equal weight” rating for the company in a research note on Wednesday, October 4th. Finally, BidaskClub lowered shares of BT Group from a “buy” rating to a “hold” rating in a research note on Friday, August 18th.

A number of institutional investors have recently made changes to their positions in BT. Arrowstreet Capital Limited Partnership raised its holdings in BT Group by 1,839.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,048,354 shares of the utilities provider’s stock worth $20,349,000 after purchasing an additional 994,311 shares in the last quarter. Royal Bank of Canada raised its holdings in BT Group by 22.8% in the second quarter. Royal Bank of Canada now owns 1,245,026 shares of the utilities provider’s stock worth $24,166,000 after purchasing an additional 230,781 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in BT Group in the third quarter worth about $3,613,000. Aperio Group LLC raised its holdings in BT Group by 40.8% in the third quarter. Aperio Group LLC now owns 497,907 shares of the utilities provider’s stock worth $9,580,000 after purchasing an additional 144,367 shares in the last quarter. Finally, Federated Investors Inc. PA raised its holdings in BT Group by 34.0% in the second quarter. Federated Investors Inc. PA now owns 427,900 shares of the utilities provider’s stock worth $8,306,000 after purchasing an additional 108,640 shares in the last quarter. Institutional investors and hedge funds own 0.96% of the company’s stock.

Shares of BT Group (NYSE BT) opened at $17.75 on Friday. The stock has a market cap of $34,254.41, a price-to-earnings ratio of 9.54, a PEG ratio of 4.82 and a beta of 0.99. BT Group has a one year low of $16.15 and a one year 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 also recently announced a None dividend, which will be paid on Monday, February 12th. Shareholders of record on Friday, December 29th will be issued a $0.297 dividend. The ex-dividend date is Thursday, December 28th. This represents a yield of 3.84%. BT Group’s dividend payout ratio is presently 91.35%.

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About BT Group

Analyst Recommendations for BT Group (NYSE:BT)

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