Asset Advisors Corp raised its stake in shares of AT&T Inc. (NYSE:T) by 11.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,290 shares of the company’s stock after buying an additional 2,495 shares during the period. Asset Advisors Corp’s holdings in AT&T were worth $836,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. M. Kraus & Company increased its stake in shares of AT&T by 1.0% in the fourth quarter. M. Kraus & Company now owns 9,388 shares of the company’s stock valued at $323,000 after buying an additional 90 shares during the period. Bridges Investment Management increased its stake in shares of AT&T by 38.4% in the fourth quarter. Bridges Investment Management now owns 32,149 shares of the company’s stock valued at $1,106,000 after buying an additional 8,924 shares during the period. Perkins Coie Trust Company increased its stake in shares of AT&T by 0.7% in the fourth quarter. Perkins Coie Trust Company now owns 60,441 shares of the company’s stock valued at $2,079,000 after buying an additional 405 shares during the period. A. N. Culbertson & Company increased its stake in shares of AT&T by 12.1% in the fourth quarter. A. N. Culbertson & Company now owns 124,343 shares of the company’s stock valued at $4,279,000 after buying an additional 13,412 shares during the period. Finally, Assetmark increased its stake in shares of AT&T by 16,927.3% in the third quarter. Assetmark now owns 53,636 shares of the company’s stock valued at $1,747,000 after buying an additional 53,321 shares during the period.

AT&T Inc. (NYSE:T) traded down 0.41% during trading on Tuesday, reaching $36.03. The company’s stock had a trading volume of 9,181,335 shares. AT&T Inc. has a 52 week low of $30.97 and a 52 week high of $36.45. The firm has a 50-day moving average price of $34.48 and a 200-day moving average price of $33.69. The firm has a market capitalization of $221.40 billion and a P/E ratio of 15.20.

AT&T (NYSE:T) last released its earnings results on Tuesday, January 26th. The company reported $0.63 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.63. During the same quarter last year, the company earned $0.55 earnings per share. The firm earned $42.10 billion during the quarter, compared to analyst estimates of $42.77 billion. The business’s revenue for the quarter was up 22.2% on a year-over-year basis. On average, equities analysts anticipate that AT&T Inc. will post $2.86 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, February 1st. Shareholders of record on Friday, January 8th were given a $0.48 dividend. The ex-dividend date was Wednesday, January 6th. This represents a $1.92 dividend on an annualized basis and a yield of 5.31%. This is a positive change from AT&T’s previous quarterly dividend of $0.45.

A number of research analysts have recently commented on T shares. S&P Equity Research reiterated a “buy” rating and issued a $41.00 price objective on shares of AT&T in a report on Thursday, December 3rd. Nomura started coverage on AT&T in a report on Friday, October 16th. They issued a “buy” rating and a $39.00 price objective on the stock. Bank of America reiterated a “buy” rating on shares of AT&T in a report on Friday, January 1st. Canaccord Genuity reiterated a “positive” rating and issued a $35.00 price objective on shares of AT&T in a report on Friday, October 9th. Finally, Cowen and Company reiterated a “buy” rating and issued a $41.00 price objective (up previously from $40.00) on shares of AT&T in a report on Tuesday, October 27th. Eight equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. AT&T presently has an average rating of “Buy” and a consensus target price of $38.22.

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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