BT Group PLC (BT) Position Maintained by MUFG Americas Holdings Corp

MUFG Americas Holdings Corp maintained its stake in shares of BT Group PLC (NYSE:BT) during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,000 shares of the company’s stock at the end of the fourth quarter. MUFG Americas Holdings Corp’s holdings in BT Group PLC were worth $115,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in BT. Fox Run Management L.L.C. purchased a new stake in shares of BT Group PLC during the third quarter worth approximately $270,000. Creative Planning raised its stake in shares of BT Group PLC by 9.8% in the third quarter. Creative Planning now owns 7,292 shares of the company’s stock worth $185,000 after buying an additional 650 shares during the last quarter. Founders Financial Securities LLC bought a new position in BT Group PLC during the third quarter worth approximately $502,000. First Mercantile Trust Co. bought a new position in BT Group PLC during the third quarter worth approximately $1,195,000. Finally, Stifel Financial Corp raised its position in BT Group PLC by 44.1% in the second quarter. Stifel Financial Corp now owns 18,406 shares of the company’s stock worth $513,000 after buying an additional 5,630 shares in the last quarter. 1.10% of the stock is currently owned by hedge funds and other institutional investors.

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

BT Group PLC (NYSE:BT) traded down 0.41% on Monday, reaching $19.24. The company’s stock had a trading volume of 797,727 shares. The stock has a market cap of $38.26 billion, a PE ratio of 12.96 and a beta of 1.07. BT Group PLC has a 12-month low of $19.14 and a 12-month high of $35.00. The company’s 50 day moving average price is $21.92 and its 200-day moving average price is $23.88.

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A number of equities analysts recently commented on BT shares. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 460 ($5.75) price objective on shares of BT Group PLC in a research note on Friday, January 20th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of BT Group PLC in a research note on Tuesday, October 18th. Barclays PLC reaffirmed an “overweight” rating on shares of BT Group PLC in a research note on Tuesday, January 31st. Zacks Investment Research lowered BT Group PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, January 17th. Finally, HSBC Holdings plc lifted their price objective on BT Group PLC from GBX 460 ($5.75) to GBX 470 ($5.87) and gave the stock a “buy” rating in a research note on Friday, November 11th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $400.65.

About BT Group PLC

5 Day Chart for NYSE:BT

Want to see what other hedge funds are holding BT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BT Group PLC (NYSE:BT).

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