AT&T Inc. (NYSE:T) Shares Bought by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC grew its holdings in shares of AT&T Inc. (NYSE:T) by 11.3% during the 4th quarter, HoldingsChannel reports. The firm owned 28,265 shares of the technology company’s stock after buying an additional 2,877 shares during the period. Uncommon Cents Investing LLC’s holdings in AT&T were worth $474,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of T. Axiom Financial Strategies LLC raised its holdings in shares of AT&T by 12.2% during the 1st quarter. Axiom Financial Strategies LLC now owns 17,888 shares of the technology company’s stock worth $342,000 after acquiring an additional 1,941 shares during the period. Roundview Capital LLC raised its holdings in shares of AT&T by 62.3% during the 1st quarter. Roundview Capital LLC now owns 24,628 shares of the technology company’s stock worth $582,000 after acquiring an additional 9,450 shares during the period. Sei Investments Co. raised its holdings in shares of AT&T by 23.1% during the 1st quarter. Sei Investments Co. now owns 1,099,843 shares of the technology company’s stock worth $25,983,000 after acquiring an additional 206,434 shares during the period. Candriam Luxembourg S.C.A. raised its holdings in AT&T by 5.5% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 476,601 shares of the technology company’s stock valued at $11,262,000 after buying an additional 25,028 shares during the period. Finally, Loomis Sayles & Co. L P raised its holdings in AT&T by 1,191.3% in the 1st quarter. Loomis Sayles & Co. L P now owns 12,706 shares of the technology company’s stock valued at $300,000 after buying an additional 11,722 shares during the period. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. TheStreet upgraded shares of AT&T from a “c” rating to a “b-” rating in a report on Wednesday, January 24th. Wells Fargo & Company boosted their price objective on shares of AT&T from $17.00 to $20.00 and gave the company an “overweight” rating in a report on Wednesday, December 13th. JPMorgan Chase & Co. upgraded shares of AT&T from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $18.00 to $21.00 in a report on Thursday, February 1st. Tigress Financial boosted their price objective on shares of AT&T from $28.00 to $29.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of AT&T from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $21.61.

AT&T Stock Up 0.3 %

T traded up $0.05 on Thursday, reaching $17.60. The company’s stock had a trading volume of 33,453,327 shares, compared to its average volume of 38,842,688. The stock has a 50 day moving average of $17.11 and a two-hundred day moving average of $16.27. The company has a quick ratio of 0.67, a current ratio of 0.71 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $125.89 billion, a price-to-earnings ratio of 9.02, a P/E/G ratio of 2.59 and a beta of 0.57. AT&T Inc. has a fifty-two week low of $13.43 and a fifty-two week high of $19.99.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, January 24th. The technology company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.01). The business had revenue of $32 billion during the quarter, compared to analyst estimates of $31.44 billion. AT&T had a net margin of 11.76% and a return on equity of 15.39%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.61 earnings per share. As a group, analysts forecast that AT&T Inc. will post 2.21 EPS for the current fiscal year.

AT&T Profile

AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores.