Quinn Opportunity Partners LLC increased its holdings in BT Group plc (NYSE:BT) by 241.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,000 shares of the utilities provider’s stock after purchasing an additional 29,000 shares during the period. Quinn Opportunity Partners LLC’s holdings in BT Group were worth $606,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Bronfman E.L. Rothschild L.P. raised its holdings in BT Group by 119.2% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,190 shares of the utilities provider’s stock valued at $33,000 after buying an additional 1,191 shares during the last quarter. Princeton Global Asset Management LLC bought a new stake in BT Group during the 4th quarter valued at $33,000. Proficio Capital Partners LLC raised its holdings in BT Group by 61.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,511 shares of the utilities provider’s stock valued at $38,000 after buying an additional 953 shares during the last quarter. Lindbrook Capital LLC bought a new stake in BT Group during the 4th quarter valued at $45,000. Finally, Contravisory Investment Management Inc. bought a new stake in BT Group during the 1st quarter valued at $50,000. 0.97% of the stock is owned by institutional investors.
Shares of NYSE BT opened at $13.23 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.95 and a quick ratio of 0.92. BT Group plc has a 12 month low of $13.23 and a 12 month high of $17.33. The firm has a market capitalization of $26.69 billion, a price-to-earnings ratio of 10.42 and a beta of 0.59.
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About BT Group
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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