Investors purchased shares of AT&T Inc. (NYSE:T) on weakness during trading on Monday. $168.32 million flowed into the stock on the tick-up and $119.11 million flowed out of the stock on the tick-down, for a money net flow of $49.21 million into the stock. Of all equities tracked, AT&T had the 2nd highest net in-flow for the day. AT&T traded down ($0.10) for the day and closed at $40.91

A number of brokerages recently weighed in on T. Jefferies Group restated a “buy” rating on shares of AT&T in a report on Sunday, June 5th. Bank of America Corp. restated a “buy” rating on shares of AT&T in a report on Thursday, May 19th. DA Davidson lifted their price objective on shares of AT&T from $42.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, May 17th. Drexel Hamilton restated a “buy” rating and issued a $44.00 price objective on shares of AT&T in a report on Thursday, May 12th. Finally, Vetr upgraded shares of AT&T from a “hold” rating to a “buy” rating and set a $40.92 price objective for the company in a report on Wednesday, May 11th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and sixteen have assigned a buy rating to the company’s stock. AT&T presently has an average rating of “Hold” and an average price target of $41.34.

The company has a market cap of $251.68 billion and a price-to-earnings ratio of 17.64. The firm has a 50-day moving average price of $42.69 and a 200-day moving average price of $39.82.

AT&T (NYSE:T) last released its earnings results on Thursday, July 21st. The company reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. The company earned $40.50 billion during the quarter, compared to analyst estimates of $40.75 billion. Equities analysts predict that AT&T Inc. will post $2.86 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, August 1st. Shareholders of record on Friday, July 8th were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 4.69%. The ex-dividend date was Wednesday, July 6th.

In other AT&T news, CEO John T. Stankey sold 2,131 shares of the stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of $43.38, for a total value of $92,442.78. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which is available at this link.

Several large investors have made changes to their positions in the company. Adirondack Trust Co. increased its stake in shares of AT&T by 0.4% in the fourth quarter. Adirondack Trust Co. now owns 66,259 shares of the company’s stock valued at $2,389,000 after buying an additional 291 shares during the period. Sigma Investment Counselors Inc. increased its stake in shares of AT&T by 0.4% in the fourth quarter. Sigma Investment Counselors Inc. now owns 79,153 shares of the company’s stock valued at $2,724,000 after buying an additional 293 shares during the period. AMG National Trust Bank increased 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 during the period. Keating Investment Counselors Inc. increased its stake in shares of AT&T by 0.8% in the fourth quarter. Keating Investment Counselors Inc. now owns 50,731 shares of the company’s stock valued at $1,746,000 after buying an additional 425 shares during the period. Finally, West Chester Capital Advisors Inc. increased 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 during the period.

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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