Caledonia Investments PLC maintained its position in AT&T Inc. (NYSE:T) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,000 shares of the technology company’s stock at the end of the second quarter. AT&T makes up about 3.2% of Caledonia Investments PLC’s portfolio, making the stock its 13th largest position. Caledonia Investments PLC’s holdings in AT&T were worth $11,470,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Holderness Investments Co. grew its position in shares of AT&T by 62.9% in the 1st quarter. Holderness Investments Co. now owns 96,452 shares of the technology company’s stock valued at $4,008,000 after buying an additional 37,234 shares during the last quarter. Shell Asset Management Co. grew its position in shares of AT&T by 0.4% in the 1st quarter. Shell Asset Management Co. now owns 1,245,965 shares of the technology company’s stock valued at $51,770,000 after buying an additional 5,354 shares during the last quarter. State of Wisconsin Investment Board grew its position in shares of AT&T by 11.0% in the 1st quarter. State of Wisconsin Investment Board now owns 6,051,883 shares of the technology company’s stock valued at $251,456,000 after buying an additional 597,735 shares during the last quarter. Argent Capital Management LLC grew its position in shares of AT&T by 1.5% in the 1st quarter. Argent Capital Management LLC now owns 300,177 shares of the technology company’s stock valued at $12,472,000 after buying an additional 4,329 shares during the last quarter. Finally, Foster & Motley Inc. grew its position in shares of AT&T by 4.6% in the 1st quarter. Foster & Motley Inc. now owns 58,194 shares of the technology company’s stock valued at $2,418,000 after buying an additional 2,545 shares during the last quarter. 54.99% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently commented on the stock. Robert W. Baird reaffirmed an “outperform” rating and issued a $43.00 target price on shares of AT&T in a research report on Thursday. Macquarie reiterated a “buy” rating and set a $43.00 price target on shares of AT&T in a research note on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and set a $48.00 price target on shares of AT&T in a research note on Thursday, August 24th. Vetr upgraded shares of AT&T from a “buy” rating to a “strong-buy” rating and set a $42.91 price target for the company in a research note on Wednesday, August 16th. Finally, BidaskClub upgraded shares of AT&T from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $43.36.

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Shares of AT&T Inc. (NYSE:T) traded up 0.97% during mid-day trading on Friday, hitting $38.59. 23,212,623 shares of the company traded hands. The firm has a market cap of $236.94 billion, a price-to-earnings ratio of 18.13 and a beta of 0.49. The firm has a 50-day moving average price of $37.58 and a 200 day moving average price of $38.81. AT&T Inc. has a 52-week low of $35.10 and a 52-week high of $43.03.

AT&T (NYSE:T) last posted its quarterly earnings data on Tuesday, July 25th. The technology company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.05. The business had revenue of $39.84 billion during the quarter, compared to the consensus estimate of $39.84 billion. AT&T had a net margin of 8.12% and a return on equity of 14.53%. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.72 earnings per share. Equities research analysts anticipate that AT&T Inc. will post $2.94 EPS for the current fiscal year.

AT&T Company Profile

AT&T Inc is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.

Institutional Ownership by Quarter for AT&T (NYSE:T)

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