Traders sold shares of AT&T Inc. (NYSE:T) on strength during trading hours on Monday. $74.00 million flowed into the stock on the tick-up and $119.88 million flowed out of the stock on the tick-down, for a money net flow of $45.88 million out of the stock. Of all equities tracked, AT&T had the 0th highest net out-flow for the day. AT&T traded up $0.32 for the day and closed at $41.00

A number of equities research analysts have recently commented on T shares. Robert W. Baird reaffirmed a “neutral” rating and set a $41.00 price target on shares of AT&T in a research report on Tuesday, June 28th. Citigroup Inc. lowered AT&T from a “buy” rating to a “neutral” rating and raised their price target 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. Zacks Investment Research lowered AT&T from a “buy” rating to a “hold” rating in a research report on Monday, July 25th. FBR & Co raised their price target on AT&T from $38.00 to $42.00 and gave the stock a “market perform” rating in a research report on Friday, July 22nd. Finally, Buckingham Research lowered AT&T from a “buy” rating to a “neutral” rating and raised their price target for the stock from $30.97 to $39.56 in a research report on Friday, June 24th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and sixteen have given a buy rating to the company. AT&T has a consensus rating of “Hold” and an average price target of $41.34.

The firm’s 50-day moving average is $42.43 and its 200 day moving average is $39.97. The company has a market capitalization of $252.23 billion and a PE ratio of 17.68.

AT&T (NYSE:T) last issued its quarterly earnings data 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 the consensus estimate of $40.75 billion. Equities 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. Stockholders of record on Friday, July 8th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 4.68%. The ex-dividend date of this dividend was Wednesday, July 6th.

In other news, CEO John T. Stankey sold 2,131 shares of the company’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $43.38, for a total value of $92,442.78. Following the completion of the transaction, the chief executive officer now directly owns 13,583 shares of the company’s stock, valued at $589,230.54. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

A number of institutional investors have recently made changes to their positions in the stock. AMG National Trust Bank raised 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 valued at $1,034,000 after buying an additional 382 shares during the period. Arvest Trust Co raised its position in shares of 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 during the period. Harris Associates L P purchased a new position in shares of AT&T during the fourth quarter valued at $1,488,000. Alpha Cubed Investments LLC raised its position in shares of AT&T by 1.5% in the fourth quarter. Alpha Cubed Investments LLC now owns 44,422 shares of the company’s stock valued at $1,529,000 after buying an additional 660 shares during the period. Finally, PBWM Holdings LLC raised its position in shares of AT&T by 5.5% in the fourth quarter. PBWM Holdings LLC now owns 53,014 shares of the company’s stock valued at $1,824,000 after buying an additional 2,761 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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