Traders bought shares of AT&T Inc. (NYSE:T) on weakness during trading on Wednesday. $205.00 million flowed into the stock on the tick-up and $180.48 million flowed out of the stock on the tick-down, for a money net flow of $24.52 million into the stock. Of all equities tracked, AT&T had the 13th highest net in-flow for the day. AT&T traded down ($0.10) for the day and closed at $41.86

Several analysts have issued reports on the company. Zacks Investment Research raised AT&T from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Wednesday, April 20th. Vetr raised AT&T from a “hold” rating to a “buy” rating and set a $41.45 target price on the stock in a research report on Wednesday, April 20th. Cowen and Company reaffirmed a “buy” rating and set a $44.00 target price (up previously from $41.00) on shares of AT&T in a research report on Wednesday, April 27th. Morgan Stanley reaffirmed a “hold” rating and set a $35.00 target price on shares of AT&T in a research report on Wednesday, April 27th. Finally, Drexel Hamilton reaffirmed a “buy” rating on shares of AT&T in a research report on Wednesday, April 27th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and sixteen have issued a buy rating to the company’s stock. AT&T presently has a consensus rating of “Hold” and an average target price of $41.34.

The firm has a 50-day moving average of $42.86 and a 200 day moving average of $39.69. The company has a market cap of $257.52 billion and a price-to-earnings ratio of 18.05.

AT&T (NYSE:T) last announced its earnings results on Thursday, July 21st. The company reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. The business had revenue of $40.50 billion for the quarter, compared to analyst estimates of $40.75 billion. On average, equities analysts predict that AT&T Inc. will post $2.86 earnings per share for the current year.

The firm 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 annualized dividend and a dividend yield of 4.59%.

In other news, CEO John T. Stankey sold 2,131 shares of the 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 in the company, valued at $589,230.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

A number of hedge funds and institutional investors have recently bought and sold shares of T. Taylor Cottrill LLC boosted its position in 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 position in 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 position in 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. Dorsey & Whitney Trust CO LLC boosted its position in 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. Finally, Arvest Trust Co boosted its position in AT&T by 10.1% in the fourth quarter. Arvest Trust Co now owns 36,114 shares of the company’s stock valued at $1,243,000 after buying an additional 3,313 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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