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Ballentine Partners LLC Takes Position in BT Group plc (BT) – PressOracle

Ballentine Partners LLC purchased a new position in BT Group plc (NYSE:BT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Finally, Bank of America cut BT Group from a “buy” rating to a “neutral” rating in a research report on Thursday, January 31st. The stock has a market cap of $29.51 billion, a PE ratio of 8.04, a PEG ratio of 8.53 and a beta of 0.65. 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.

First found on: pressoracle.com