Investors bought shares of AT&T Inc. (NYSE:T) on weakness during trading on Friday. $130.88 million flowed into the stock on the tick-up and $61.76 million flowed out of the stock on the tick-down, for a money net flow of $69.12 million into the stock. Of all equities tracked, AT&T had the 3rd highest net in-flow for the day. AT&T traded down ($0.11) for the day and closed at $43.28

Several research analysts recently issued reports on T shares. Nomura increased their price target on shares of AT&T from $39.00 to $44.00 and gave the stock a “buy” rating in a research report on Tuesday, April 19th. Vetr raised shares of AT&T from a “hold” rating to a “buy” rating and set a $41.45 price target for the company in a research report on Wednesday, April 20th. Zacks Investment Research raised shares of AT&T from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research report on Wednesday, April 20th. Cowen and Company reissued a “buy” rating and issued a $44.00 price target (up previously from $41.00) on shares of AT&T in a research report on Wednesday, April 27th. Finally, Jefferies Group raised shares of AT&T to a “buy” rating and set a $44.00 price target for the company in a research report on Wednesday, April 27th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $41.30.

The firm has a market cap of $266.26 billion and a PE ratio of 18.66. The stock’s 50 day moving average is $42.82 and its 200 day moving average is $39.52.

AT&T (NYSE:T) last posted its 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 business had revenue of $40.50 billion for the quarter, compared to the consensus estimate of $40.75 billion. Equities research analysts anticipate that AT&T Inc. will post $2.86 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, August 1st. Shareholders of record on Friday, July 8th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date was Wednesday, July 6th.

In other AT&T news, CEO John T. Stankey sold 2,131 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $43.38, for a total transaction of $92,442.78. Following the sale, the chief executive officer now directly owns 13,583 shares of the company’s stock, valued at approximately $589,230.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Several large investors have recently bought and sold shares of T. Agran Libbie raised its stake in AT&T by 9,875.9% in the fourth quarter. Agran Libbie now owns 11,909,863 shares of the company’s stock worth $4,098,000 after buying an additional 11,790,477 shares in the last quarter. Vanguard Group Inc. raised its position in shares of AT&T by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 358,813,013 shares of the company’s stock valued at $12,346,756,000 after buying an additional 8,052,202 shares in the last quarter. OppenheimerFunds Inc. raised its position in shares of AT&T by 33.8% in the fourth quarter. OppenheimerFunds Inc. now owns 5,894,413 shares of the company’s stock valued at $202,903,000 after buying an additional 1,489,733 shares in the last quarter. Quantitative Investment Management LLC bought a new position in shares of AT&T during the fourth quarter valued at about $21,072,000. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of AT&T by 15.5% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,743,496 shares of the company’s stock valued at $128,813,000 after buying an additional 502,729 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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