BT Group plc (NYSE:BT) has received a consensus rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have given a buy recommendation to the company.

BT has been the topic of a number of research reports. Credit Suisse Group lowered their price target on FOX from $51.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, June 3rd. Jefferies Financial Group set a $24.00 price objective on Guess? and gave the company a “buy” rating in a research report on Thursday, March 21st. Deutsche Bank reduced their target price on from GBX 217 ($2.84) to GBX 175 ($2.29) and set a “sell” rating for the company in a research report on Monday, June 24th. ValuEngine raised ZIX from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 4th. Finally, Zacks Investment Research lowered Inflarx from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BT. Comerica Bank lifted its holdings in BT Group by 1.2% in the 4th quarter. Comerica Bank now owns 116,302 shares of the utilities provider’s stock valued at $1,796,000 after acquiring an additional 1,371 shares during the last quarter. First Trust Advisors LP acquired a new stake in BT Group in the 4th quarter valued at about $521,000. LPL Financial LLC lifted its holdings in BT Group by 30.4% in the 4th quarter. LPL Financial LLC now owns 13,304 shares of the utilities provider’s stock valued at $202,000 after acquiring an additional 3,100 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in BT Group by 24.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 18,088 shares of the utilities provider’s stock valued at $274,000 after acquiring an additional 3,548 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in BT Group in the 4th quarter valued at about $171,000. Hedge funds and other institutional investors own 0.95% of the company’s stock.

Shares of NYSE BT traded down $0.10 during mid-day trading on Friday, reaching $12.28. The company had a trading volume of 25,588 shares, compared to its average volume of 1,122,138. The business has a fifty day simple moving average of $12.88. The company has a quick ratio of 1.05, a current ratio of 1.09 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $24.43 billion, a P/E ratio of 9.71, a price-to-earnings-growth ratio of 3.10 and a beta of 0.71. BT Group has a 12-month low of $12.21 and a 12-month high of $17.33.

The firm also recently disclosed a semiannual dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 9th will be issued a dividend of $0.6807 per share. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from BT Group’s previous semiannual dividend of $0.30. BT Group’s payout ratio is 44.09%.

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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Analyst Recommendations for BT Group (NYSE:BT)

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