Investors bought shares of AT&T Inc. (NYSE:T) on weakness during trading hours on Monday. $99.93 million flowed into the stock on the tick-up and $70.30 million flowed out of the stock on the tick-down, for a money net flow of $29.63 million into the stock. Of all stocks tracked, AT&T had the 15th highest net in-flow for the day. AT&T traded down ($0.23) for the day and closed at $42.93

A number of equities research analysts have commented on T shares. Vetr downgraded shares of AT&T from a “hold” rating to a “sell” rating and set a $38.71 target price for the company. in a research report on Tuesday, June 21st. Citigroup Inc. downgraded shares of AT&T from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $42.00 to $46.00 in a research report on Thursday, July 7th. They noted that the move was a valuation call. Jefferies Group reaffirmed a “buy” rating on shares of AT&T in a research report on Sunday, June 5th. Morgan Stanley reaffirmed a “hold” rating and issued a $35.00 target price on shares of AT&T in a research report on Tuesday, April 19th. Finally, Wells Fargo & Co. reaffirmed a “buy” rating on shares of AT&T in a research report on Friday, July 22nd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $41.12.

The stock has a market capitalization of $264.11 billion and a price-to-earnings ratio of 18.51. The stock has a 50 day moving average of $42.60 and a 200 day moving average of $39.35.

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

The business also recently announced a quarterly dividend, which was paid on Monday, August 1st. Stockholders of record on Friday, July 8th were paid a dividend of $0.48 per share. The ex-dividend date was Wednesday, July 6th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.47%.

In other news, CEO John T. Stankey sold 2,131 shares of the business’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $43.38, for a total transaction of $92,442.78. Following the completion of the sale, the chief executive officer now owns 13,583 shares of the company’s stock, valued at $589,230.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Other hedge funds have made changes to their positions in the company. Taylor Cottrill LLC boosted its stake 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 valued at $1,022,000 after buying an additional 535 shares in the last quarter. AMG National Trust Bank boosted its stake 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 valued at $1,034,000 after buying an additional 382 shares in the last quarter. West Chester Capital Advisors Inc. boosted its stake 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 valued at $1,080,000 after buying an additional 531 shares in the last quarter. Lipe & Dalton boosted its stake in shares of AT&T by 3.8% in the fourth quarter. Lipe & Dalton now owns 33,960 shares of the company’s stock valued at $1,169,000 after buying an additional 1,250 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its stake in shares of AT&T by 8.2% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 35,086 shares of the company’s stock valued at $1,207,000 after buying an additional 2,658 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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