Capital Analysts LLC Has $420,000 Stock Holdings in AT&T Inc. (NYSE:T)

Capital Analysts LLC decreased its holdings in shares of AT&T Inc. (NYSE:T) by 14.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,018 shares of the technology company’s stock after selling 4,342 shares during the period. Capital Analysts LLC’s holdings in AT&T were worth $420,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sora Investors LLC bought a new stake in shares of AT&T during the third quarter worth $11,265,000. Robeco Institutional Asset Management B.V. raised its holdings in AT&T by 2.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 17,258,265 shares of the technology company’s stock worth $259,219,000 after purchasing an additional 383,015 shares during the last quarter. Checchi Capital Advisers LLC lifted its position in AT&T by 3.1% during the 3rd quarter. Checchi Capital Advisers LLC now owns 38,929 shares of the technology company’s stock valued at $585,000 after purchasing an additional 1,178 shares during the period. Retireful LLC bought a new position in shares of AT&T in the 4th quarter valued at about $1,163,000. Finally, Terril Brothers Inc. grew its position in shares of AT&T by 51.6% during the 3rd quarter. Terril Brothers Inc. now owns 594,974 shares of the technology company’s stock worth $8,937,000 after buying an additional 202,637 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on T. Deutsche Bank Aktiengesellschaft raised their price objective on shares of AT&T from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. TheStreet raised AT&T from a “c” rating to a “b-” rating in a research note on Wednesday, January 24th. Tigress Financial increased their target price on AT&T from $28.00 to $29.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $21.00 target price for the company in a research report on Tuesday, March 5th. Finally, JPMorgan Chase & Co. upgraded shares of AT&T from a “neutral” rating to an “overweight” rating and increased their price target for the company from $18.00 to $21.00 in a research report on Thursday, February 1st. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $20.68.

AT&T Trading Up 0.2 %

NYSE:T opened at $16.12 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 1.09. AT&T Inc. has a twelve month low of $13.43 and a twelve month high of $19.87. The company has a market cap of $115.30 billion, a P/E ratio of 8.22, a price-to-earnings-growth ratio of 2.43 and a beta of 0.57. The business has a 50 day moving average price of $17.02 and a two-hundred day moving average price of $16.48.

AT&T (NYSE:T) last announced its earnings results on Wednesday, January 24th. The technology company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.01). AT&T had a return on equity of 15.39% and a net margin of 11.76%. The business had revenue of $32 billion for the quarter, compared to analyst estimates of $31.44 billion. During the same quarter in the previous year, the company posted $0.61 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. As a group, analysts expect that AT&T Inc. will post 2.21 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Wednesday, April 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date is Tuesday, April 9th. AT&T’s dividend payout ratio is currently 56.63%.

AT&T Company Profile

AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.