Investors bought shares of AT&T Inc. (NYSE:T) on weakness during trading on Monday. $168.07 million flowed into the stock on the tick-up and $79.96 million flowed out of the stock on the tick-down, for a money net flow of $88.11 million into the stock. Of all stocks tracked, AT&T had the highest net in-flow for the day. AT&T traded down ($0.04) for the day and closed at $42.85

A number of brokerages have issued reports on T. Vetr upgraded shares of AT&T from a “hold” rating to a “buy” rating and set a $41.45 price objective on the stock in a research note on Wednesday, April 20th. Bank of America Corp. reiterated a “buy” rating on shares of AT&T in a research note on Thursday, May 19th. Barclays PLC increased their price objective on shares of AT&T from $42.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday. Zacks Investment Research upgraded shares of AT&T from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research note on Wednesday, April 20th. Finally, Nomura Holdings Inc. raised their price target on shares of AT&T from $39.00 to $44.00 and gave the company a “buy” rating in a research note on Tuesday, April 19th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seventeen have issued a buy rating to the company. AT&T currently has an average rating of “Buy” and a consensus price target of $40.47.

The stock has a market cap of $263.78 billion and a PE ratio of 18.16. The stock has a 50-day moving average price of $41.31 and a 200-day moving average price of $38.45.

AT&T (NYSE:T) last released its quarterly earnings data on Tuesday, April 26th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. During the same period last year, the company posted $0.63 EPS. The company had revenue of $40.50 billion for the quarter, compared to analysts’ expectations of $41.10 billion. The business’s revenue for the quarter was up 24.4% compared to the same quarter last year. On average, analysts anticipate that AT&T Inc. will post $2.86 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 1st. Stockholders of record on Friday, July 8th will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date is Wednesday, July 6th.

Several institutional investors have made changes to their positions in the stock. JFS Wealth Advisors LLC increased its position in shares of AT&T by 2.3% in the fourth quarter. JFS Wealth Advisors LLC now owns 29,574 shares of the company’s stock worth $1,018,000 after buying an additional 676 shares in the last quarter. Taylor Cottrill LLC increased its position in shares of AT&T by 1.8% in the fourth quarter. Taylor Cottrill LLC now owns 29,697 shares of the company’s stock worth $1,022,000 after buying an additional 535 shares in the last quarter. AMG National Trust Bank increased its position in shares of AT&T by 1.3% in the fourth quarter. AMG National Trust Bank now owns 30,059 shares of the company’s stock worth $1,034,000 after buying an additional 382 shares in the last quarter. West Chester Capital Advisors Inc. increased its position in shares of AT&T by 1.7% in the fourth quarter. West Chester Capital Advisors Inc. now owns 31,397 shares of the company’s stock worth $1,080,000 after buying an additional 531 shares in the last quarter. Finally, Lipe & Dalton increased its position in shares of AT&T by 3.8% in the fourth quarter. Lipe & Dalton now owns 33,960 shares of the company’s stock worth $1,169,000 after buying an additional 1,250 shares in the last quarter.

AT&T Inc is a holding company. The Company offers communications and digital entertainment services in the United States and the world. It operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Business Solutions segment includes various categories, including wireless service, fixed strategic services, legacy voice and data services, other services and wireless equipment.

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