BT Group PLC (BT) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. grew its stake in BT Group PLC (NYSE:BT) by 6.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,586 shares of the utilities provider’s stock after purchasing an additional 5,319 shares during the period. Pacer Advisors Inc.’s holdings in BT Group PLC were worth $1,704,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of BT. Royal Bank of Canada raised its holdings in BT Group PLC by 22.8% in the 2nd quarter. Royal Bank of Canada now owns 1,245,026 shares of the utilities provider’s stock valued at $24,166,000 after buying an additional 230,781 shares during the last quarter. Sit Investment Associates Inc. raised its holdings in BT Group PLC by 2.3% in the 3rd quarter. Sit Investment Associates Inc. now owns 737,900 shares of the utilities provider’s stock valued at $14,197,000 after buying an additional 16,820 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in BT Group PLC by 1,839.9% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,048,354 shares of the utilities provider’s stock valued at $20,349,000 after buying an additional 994,311 shares during the last quarter. Freestone Capital Holdings LLC raised its holdings in BT Group PLC by 18.1% in the 2nd quarter. Freestone Capital Holdings LLC now owns 172,691 shares of the utilities provider’s stock valued at $3,352,000 after buying an additional 26,410 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in BT Group PLC by 11.6% in the 1st quarter. Alliancebernstein L.P. now owns 67,003 shares of the utilities provider’s stock valued at $1,346,000 after buying an additional 6,944 shares during the last quarter. Institutional investors own 0.94% of the company’s stock.

BT Group PLC (NYSE BT) traded up $0.11 during midday trading on Monday, reaching $16.50. 377,931 shares of the company traded hands, compared to its average volume of 745,124. BT Group PLC has a twelve month low of $16.15 and a twelve month high of $24.65. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 1.50. The firm has a market cap of $32,380.00, a P/E ratio of 9.06, a P/E/G ratio of 4.57 and a beta of 0.92.

The firm also recently declared a None dividend, which will be paid on Monday, February 12th. Investors of record on Friday, December 29th will be given a $0.297 dividend. This represents a yield of 3.84%. The ex-dividend date of this dividend is Thursday, December 28th. BT Group PLC’s payout ratio is currently 92.23%.

A number of research analysts recently issued reports on the stock. Barclays PLC reiterated an “overweight” rating and issued a GBX 450 ($5.92) price objective on shares of BT Group PLC in a report on Wednesday, August 9th. BidaskClub lowered shares of BT Group PLC from a “buy” rating to a “hold” rating in a report on Friday, August 18th. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 265 ($3.49) price objective on shares of BT Group PLC in a report on Wednesday, August 9th. Zacks Investment Research lowered shares of BT Group PLC from a “buy” rating to a “hold” rating in a report on Friday, September 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 410 ($5.39) price objective on shares of BT Group PLC in a report on Monday, July 31st. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $317.18.

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BT Group PLC Company Profile

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

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