AT&T Inc. (T) Holdings Boosted by S. R. Schill & Associates

S. R. Schill & Associates lifted its stake in shares of AT&T Inc. (NYSE:T) by 4.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,616 shares of the technology company’s stock after purchasing an additional 1,711 shares during the period. AT&T makes up about 1.0% of S. R. Schill & Associates’ investment portfolio, making the stock its 24th biggest position. S. R. Schill & Associates’ holdings in AT&T were worth $1,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Telos Capital Management Inc. lifted its holdings in AT&T by 4.8% in the second quarter. Telos Capital Management Inc. now owns 69,994 shares of the technology company’s stock valued at $2,641,000 after buying an additional 3,197 shares during the period. Welch Investments LLC lifted its holdings in AT&T by 9.3% in the second quarter. Welch Investments LLC now owns 109,245 shares of the technology company’s stock valued at $4,122,000 after buying an additional 9,291 shares during the period. Moors & Cabot Inc. lifted its holdings in AT&T by 11.3% in the second quarter. Moors & Cabot Inc. now owns 247,888 shares of the technology company’s stock valued at $9,373,000 after buying an additional 25,167 shares during the period. Wedbush Securities Inc. lifted its holdings in AT&T by 9.7% in the second quarter. Wedbush Securities Inc. now owns 176,333 shares of the technology company’s stock valued at $6,653,000 after buying an additional 15,562 shares during the period. Finally, Ingalls & Snyder LLC lifted its holdings in AT&T by 2.3% in the second quarter. Ingalls & Snyder LLC now owns 460,224 shares of the technology company’s stock valued at $17,364,000 after buying an additional 10,305 shares during the period. Institutional investors own 55.76% of the company’s stock.

Shares of AT&T Inc. (NYSE:T) opened at $37.15 on Friday. AT&T Inc. has a 12 month low of $32.55 and a 12 month high of $42.70. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.23. The company has a market cap of $226,222.14, a P/E ratio of 17.95, a price-to-earnings-growth ratio of 2.94 and a beta of 0.44.

AT&T (NYSE:T) last issued its quarterly earnings data on Tuesday, October 24th. The technology company reported $0.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.01). AT&T had a return on equity of 14.49% and a net margin of 8.00%. The company had revenue of $39.67 billion for the quarter, compared to the consensus estimate of $40.34 billion. During the same period in the prior year, the company earned $0.74 EPS. The firm’s revenue was down 3.0% on a year-over-year basis. equities research analysts forecast that AT&T Inc. will post 2.92 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 10th will be given a dividend of $0.50 per share. This is an increase from AT&T’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, January 9th. This represents a $2.00 annualized dividend and a dividend yield of 5.38%. AT&T’s dividend payout ratio is currently 96.62%.

In related news, Director Matthew K. Rose acquired 29,600 shares of the stock in a transaction dated Wednesday, October 25th. The stock was bought at an average price of $33.75 per share, with a total value of $999,000.00. Following the completion of the transaction, the director now directly owns 3,100 shares of the company’s stock, valued at $104,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.09% of the stock is owned by corporate insiders.

Several equities analysts recently weighed in on the stock. Vetr lowered shares of AT&T from a “strong-buy” rating to a “buy” rating and set a $42.75 price objective on the stock. in a report on Tuesday, September 26th. Moffett Nathanson restated a “neutral” rating on shares of AT&T in a report on Monday, October 16th. ValuEngine lowered shares of AT&T from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of AT&T from a “sell” rating to a “hold” rating in a report on Friday, January 12th. Finally, Morgan Stanley increased their price objective on shares of AT&T from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $42.59.

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About AT&T

AT&T Inc is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.

Institutional Ownership by Quarter for AT&T (NYSE:T)

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