Advisors Asset Management Inc. increased its holdings in BT Group plc (NYSE:BT) by 6.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 138,411 shares of the utilities provider’s stock after acquiring an additional 7,868 shares during the quarter. Advisors Asset Management Inc.’s holdings in BT Group were worth $2,001,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in BT. Tuttle Tactical Management purchased a new stake in BT Group in the second quarter worth about $115,000. Ausdal Financial Partners Inc. purchased a new stake in shares of BT Group during the second quarter valued at about $153,000. Advisor Partners LLC purchased a new stake in shares of BT Group during the second quarter valued at about $154,000. Barclays PLC lifted its position in shares of BT Group by 377.3% during the first quarter. Barclays PLC now owns 10,500 shares of the utilities provider’s stock valued at $170,000 after buying an additional 8,300 shares during the last quarter. Finally, LPL Financial LLC purchased a new stake in shares of BT Group during the first quarter valued at about $228,000. 0.78% of the stock is owned by institutional investors.
BT opened at $14.74 on Monday. BT Group plc has a 52-week low of $13.53 and a 52-week high of $18.97. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.80 and a current ratio of 0.82. The stock has a market cap of $29.25 billion, a PE ratio of 7.97, a P/E/G ratio of 8.96 and a beta of 0.87.
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.
Further Reading: Cash Flow
Receive News & Ratings for BT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group and related companies with MarketBeat.com's FREE daily email newsletter.