Capstone Asset Management Co. increased its position in BT Group PLC (NYSE:BT) by 1.0% during the third quarter, Holdings Channel reports. The institutional investor owned 152,643 shares of the company’s stock after buying an additional 1,560 shares during the period. Capstone Asset Management Co.’s holdings in BT Group PLC were worth $3,882,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of BT. Douglass Winthrop Advisors LLC acquired a new stake in BT Group PLC during the second quarter valued at $214,000. Sei Investments Co. boosted its position in shares of BT Group PLC by 33.1% in the second quarter. Sei Investments Co. now owns 4,131 shares of the company’s stock worth $115,000 after buying an additional 1,027 shares during the last quarter. NEXT Financial Group Inc boosted its position in shares of BT Group PLC by 0.9% in the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the company’s stock worth $149,000 after buying an additional 50 shares during the last quarter. Advisor Group Inc. purchased a new position in shares of BT Group PLC during the second quarter worth approximately $169,000. Finally, Creative Planning boosted its position in shares of BT Group PLC by 394.9% in the second quarter. Creative Planning now owns 6,642 shares of the company’s stock worth $185,000 after buying an additional 5,300 shares during the last quarter. 1.09% of the stock is currently owned by institutional investors and hedge funds.

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

BT Group PLC (NYSE:BT) traded up 1.36% during trading on Tuesday, hitting $22.43. 639,994 shares of the company’s stock traded hands. The company’s 50 day moving average is $23.06 and its 200-day moving average is $26.48. BT Group PLC has a 12 month low of $21.61 and a 12 month high of $37.20. The stock has a market cap of $44.55 billion, a P/E ratio of 12.85 and a beta of 1.15.

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BT has been the subject of several analyst reports. Deutsche Bank AG reaffirmed a “sell” rating and set a GBX 390 ($4.84) target price on shares of BT Group PLC in a research report on Tuesday, September 13th. Macquarie lowered BT Group PLC from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $360.00 to $310.00 in a research report on Friday, October 7th. Haitong Bank reaffirmed a “buy” rating and set a GBX 560 ($6.95) target price on shares of BT Group PLC in a research report on Tuesday, October 4th. Goldman Sachs Group Inc. reaffirmed a “buy” rating on shares of BT Group PLC in a research report on Tuesday, October 18th. Finally, TheStreet lowered BT Group PLC from a “buy” rating to a “hold” rating in a research report on Monday, September 19th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $437.41.

About BT Group PLC

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