Traders bought shares of AT&T Inc. (NYSE:T) on weakness during trading on Thursday. $207.09 million flowed into the stock on the tick-up and $141.93 million flowed out of the stock on the tick-down, for a money net flow of $65.16 million into the stock. Of all companies tracked, AT&T had the 7th highest net in-flow for the day. AT&T traded down ($0.19) for the day and closed at $42.52

T has been the topic of several research analyst reports. Wells Fargo & Co. reiterated a “buy” rating on shares of AT&T in a report on Friday. Pacific Crest reiterated a “hold” rating on shares of AT&T in a report on Friday. FBR & Co lifted their price objective on AT&T from $38.00 to $42.00 and gave the stock a “market perform” rating in a report on Friday. Jefferies Group reiterated a “buy” rating and issued a $44.00 price objective on shares of AT&T in a report on Thursday. Finally, Barclays PLC reiterated a “buy” rating on shares of AT&T in a report on Sunday, July 17th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $40.61.

The company has a market capitalization of $265.39 billion and a P/E ratio of 18.27. The stock’s 50-day moving average is $41.69 and its 200-day moving average is $38.61.

AT&T (NYSE:T) last posted its quarterly earnings results on Thursday, July 21st. The company reported $0.72 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.72. The company had revenue of $40.50 billion for the quarter, compared to analysts’ expectations of $40.75 billion. Analysts forecast that AT&T Inc. will post $2.86 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 1st. Stockholders of record on Friday, July 8th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date is Wednesday, July 6th.

Several institutional investors have modified their holdings of 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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