BT Group plc (BT) Shares Reduced by Gabelli Funds LLC – BharataPress
Gabelli Funds LLC decreased its position in shares of BT Group plc (NYSE:BT) by 10.5% during the fourth quarter, according to its most recent filing with the SEC. The firm has a market cap of $29.51 billion, a price-to-earnings ratio of 8.04, a price-to-earnings-growth ratio of 8.50 and a beta of 0.65. Finally, JPMorgan Chase & Co. upgraded BT Group from a “neutral” rating to a “buy” rating in a research note on Thursday, November 1st. 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.