Signaturefd LLC Buys 10,805 Shares of AT&T Inc. (T)
Signaturefd LLC increased its position in AT&T Inc. (NYSE:T) by 15.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,330 shares of the technology company’s stock after buying an additional 10,805 shares during the period. AT&T accounts for approximately 0.5% of Signaturefd LLC’s investment portfolio, making the stock its 22nd largest position. Signaturefd LLC’s holdings in AT&T were worth $3,296,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the company. Cheviot Value Management LLC boosted its stake in AT&T by 8.2% in the fourth quarter. Cheviot Value Management LLC now owns 42,605 shares of the technology company’s stock worth $1,812,000 after buying an additional 3,236 shares in the last quarter. Janus Capital Management LLC boosted its stake in AT&T by 8.1% in the fourth quarter. Janus Capital Management LLC now owns 6,592,826 shares of the technology company’s stock worth $280,393,000 after buying an additional 495,986 shares in the last quarter. SRS Capital Advisors Inc. bought a new stake in AT&T during the fourth quarter worth approximately $406,000. Loomis Sayles & Co. L P boosted its stake in AT&T by 120,691.8% in the fourth quarter. Loomis Sayles & Co. L P now owns 176,356 shares of the technology company’s stock worth $7,501,000 after buying an additional 176,210 shares in the last quarter. Finally, Hampstead Capital LLP bought a new stake in AT&T during the fourth quarter worth approximately $7,119,000. Hedge funds and other institutional investors own 55.28% of the company’s stock.
AT&T Inc. (NYSE T) traded down 0.24% during trading on Friday, reaching $38.10. The company had a trading volume of 13,278,982 shares. The stock has a 50 day moving average of $37.57 and a 200-day moving average of $39.64. The company has a market capitalization of $233.93 billion, a P/E ratio of 17.90 and a beta of 0.47. AT&T Inc. has a 12 month low of $35.81 and a 12 month high of $43.32.
AT&T (NYSE:T) last released its quarterly earnings results on Tuesday, July 25th. The technology company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.05. The company had revenue of $39.84 billion during the quarter, compared to the consensus estimate of $39.84 billion. AT&T had a return on equity of 14.53% and a net margin of 8.12%. The firm’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.72 EPS. Equities research analysts expect that AT&T Inc. will post $2.95 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Stockholders of record on Monday, July 10th were paid a dividend of $0.49 per share. The ex-dividend date of this dividend was Thursday, July 6th. This represents a $1.96 annualized dividend and a dividend yield of 5.14%. AT&T’s dividend payout ratio (DPR) is presently 92.45%.
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T has been the topic of a number of research analyst reports. SunTrust Banks, Inc. initiated coverage on AT&T in a research note on Tuesday, April 18th. They issued a “hold” rating and a $40.00 price target on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $48.00 price target on shares of AT&T in a research note on Wednesday, April 19th. Macquarie reissued a “buy” rating and issued a $45.00 price target (down from $46.00) on shares of AT&T in a research note on Wednesday, April 26th. Deutsche Bank AG reissued a “hold” rating and issued a $41.00 price target (down from $42.00) on shares of AT&T in a research note on Saturday, April 29th. Finally, Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $41.00 price target on shares of AT&T in a research note on Saturday, April 29th. One investment analyst has rated the stock with a sell rating, twenty have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. AT&T has a consensus rating of “Hold” and an average price target of $43.50.
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.
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