AT&T Inc. (NYSE:T) has earned a “BBB” credit rating from Morningstar. The research firm’s “BBB” rating indicates that the company is a moderate default risk. They also gave their stock a three star rating.

Other research analysts have also issued research reports about the stock. Oppenheimer restated an “outperform” rating and set a $40.00 target price on shares of AT&T in a research report on Wednesday, November 11th. Sanford C. Bernstein decreased their target price on shares of AT&T from $38.00 to $36.00 and set a “market perform” rating on the stock in a research report on Friday, October 2nd. Canaccord Genuity restated a “positive” rating and set a $35.00 target price on shares of AT&T in a research report on Friday, October 9th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $32.00 price target (down previously from $34.00) on shares of AT&T in a research report on Thursday, December 3rd. Finally, Jefferies Group reiterated a “buy” rating and set a $40.00 price target on shares of AT&T in a research report on Thursday, October 1st. Eight investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $38.24.

Other institutional investors have recently made changes to their positions in the company. Toth Financial purchased a new position in shares of AT&T during the fourth quarter worth approximately $523,000. Harvest Management purchased a new position in shares of AT&T during the third quarter worth approximately $554,000. Stillwater Investment Management increased its position in shares of AT&T by 0.8% in the fourth quarter. Stillwater Investment Management now owns 20,421 shares of the company’s stock worth $703,000 after buying an additional 162 shares in the last quarter. Modera Wealth Management increased its position in shares of AT&T by 1.7% in the third quarter. Modera Wealth Management now owns 34,862 shares of the company’s stock worth $1,136,000 after buying an additional 584 shares in the last quarter. Finally, Lowe FS increased its position in shares of AT&T by 0.8% in the third quarter. Lowe FS now owns 43,971 shares of the company’s stock worth $1,433,000 after buying an additional 370 shares in the last quarter.

Shares of AT&T (NYSE:T) traded up 0.1283% during trading on Monday, reaching $35.1851. 14,037,232 shares of the company were exchanged. The stock has a market capitalization of $216.46 billion and a PE ratio of 36.9980. AT&T has a one year low of $30.97 and a one year high of $36.45. The stock has a 50-day moving average price of $34.15 and a 200-day moving average price of $33.68.

AT&T (NYSE:T) last released its quarterly earnings data on Thursday, October 22nd. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.05. The firm earned $39.10 billion during the quarter, compared to the consensus estimate of $41.08 billion. During the same quarter in the previous year, the firm earned $0.63 earnings per share. The business’s revenue was up 18.6% compared to the same quarter last year. Analysts forecast that AT&T will post $2.70 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 1st. Investors of record on Friday, January 8th will be issued a $0.48 dividend. The ex-dividend date is Wednesday, January 6th. This represents a $1.92 annualized dividend and a dividend yield of 5.46%. This is an increase from AT&T’s previous quarterly dividend of $0.45.

AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products include wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services. Its segments include Wireless, Wireline and International. Its wireless subsidiaries provide both wireless voice and data communication services. The wireline subsidiaries provide landline data and voice communication services, AT&T U-verse broadband, video and voice services (NYSE:T) and managed networking. Its International segment uses the Iusacell and Unefon regional and national networks to provide wireless data and voice communication services. Its International segment also utilizes the networks of Nextel Mexico to provide similar services. Through its subsidiary, DIRECTV Group Holdings, LLC, it provides pay television in the United States and across the world.

12 Month Chart for NYSE:T

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