Bank of America upgraded shares of BT Group (NYSE:BT) from a neutral rating to a buy rating in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports.

A number of other analysts also recently weighed in on the stock. UBS Group upgraded shares of BT Group from a neutral rating to a buy rating in a research report on Wednesday, December 13th. Zacks Investment Research upgraded shares of BT Group from a sell rating to a hold rating in a research report on Tuesday, December 12th. ValuEngine upgraded shares of BT Group from a hold rating to a buy rating in a research report on Monday, November 27th. Citigroup reiterated a neutral rating on shares of BT Group in a research report on Friday, November 24th. Finally, Credit Suisse Group cut their price target on shares of BT Group from GBX 320 ($4.28) to GBX 280 ($3.74) and set a neutral rating on the stock in a research report on Tuesday, November 7th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $317.18.

BT Group (BT) opened at $18.49 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.75 and a debt-to-equity ratio of 1.46. BT Group has a 52-week low of $16.15 and a 52-week high of $24.65. The stock has a market cap of $36,360.00, a PE ratio of 17.44 and a beta of 0.93.

The firm also recently announced a None dividend, which will be paid on Monday, February 12th. Investors of record on Friday, December 29th will be paid a dividend of $0.297 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a yield of 3.84%. BT Group’s payout ratio is 90.57%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP increased its stake in BT Group by 166.0% during the 3rd quarter. Susquehanna International Group LLP now owns 153,200 shares of the utilities provider’s stock worth $2,948,000 after purchasing an additional 95,600 shares in the last quarter. Cubist Systematic Strategies LLC increased its stake in BT Group by 70.2% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 41,732 shares of the utilities provider’s stock worth $803,000 after purchasing an additional 17,210 shares in the last quarter. Wells Fargo & Company MN increased its stake in BT Group by 10.2% during the 3rd quarter. Wells Fargo & Company MN now owns 431,485 shares of the utilities provider’s stock worth $8,302,000 after purchasing an additional 40,037 shares in the last quarter. Pacer Advisors Inc. increased its stake in BT Group by 6.4% during the 3rd quarter. Pacer Advisors Inc. now owns 88,586 shares of the utilities provider’s stock worth $1,704,000 after purchasing an additional 5,319 shares in the last quarter. Finally, Berkeley Capital Partners LLC increased its stake in BT Group by 10.5% during the 3rd quarter. Berkeley Capital Partners LLC now owns 36,086 shares of the utilities provider’s stock worth $694,000 after purchasing an additional 3,434 shares in the last quarter. 0.96% of the stock is owned by institutional investors and hedge funds.

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BT Group Company Profile

Analyst Recommendations for BT Group (NYSE:BT)

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