Traders purchased shares of AT&T Inc. (NYSE:T) on weakness during trading hours on Monday. $169.84 million flowed into the stock on the tick-up and $94.42 million flowed out of the stock on the tick-down, for a money net flow of $75.42 million into the stock. Of all companies tracked, AT&T had the 2nd highest net in-flow for the day. AT&T traded down ($0.01) for the day and closed at $40.95

A number of analysts have recently commented on T shares. Robert W. Baird reaffirmed a “neutral” rating and issued a $41.00 price target on shares of AT&T in a research note on Tuesday, June 28th. Citigroup Inc. lowered AT&T from a “buy” rating to a “neutral” rating and boosted their price objective for the company 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 boosted their price objective on AT&T from $38.00 to $42.00 and gave the company 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 boosted their price objective for the company 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 assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $41.34.

The firm has a market cap of $251.92 billion and a price-to-earnings ratio of 17.66. The firm’s 50 day moving average is $42.24 and its 200-day moving average is $40.03.

AT&T (NYSE:T) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.72 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.72. The business earned $40.50 billion during the quarter, compared to analysts’ expectations of $40.75 billion. On average, equities research analysts predict that AT&T Inc. will post $2.86 EPS for the current fiscal year.

In other AT&T news, CEO John T. Stankey sold 2,131 shares of the business’s stock in a transaction 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 sale, the chief executive officer now directly owns 13,583 shares in the company, valued at $589,230.54. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Several hedge funds have recently modified their holdings of T. Thornburg Investment Management Inc. raised its stake in shares of AT&T by 4.2% in the fourth quarter. Thornburg Investment Management Inc. now owns 11,761,123 shares of the company’s stock valued at $404,700,000 after buying an additional 478,000 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of AT&T by 121.9% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 250,865 shares of the company’s stock valued at $8,632,000 after buying an additional 137,788 shares during the last quarter. Gulf International Bank UK Ltd raised its stake in AT&T by 2.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 1,822,328 shares of the company’s stock worth $62,706,000 after buying an additional 43,750 shares during the last quarter. Hartford Investment Management Co. raised its stake in AT&T by 1.7% in the fourth quarter. Hartford Investment Management Co. now owns 1,585,525 shares of the company’s stock worth $54,558,000 after buying an additional 26,237 shares during the last quarter. Finally, Century Capital Management LLC raised its stake in AT&T by 9.2% in the fourth quarter. Century Capital Management LLC now owns 195,273 shares of the company’s stock worth $6,719,000 after buying an additional 16,372 shares during 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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