AT&T Inc. (T) Position Maintained by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt held its position in AT&T Inc. (NYSE:T) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 390,818 shares of the technology company’s stock at the end of the 2nd quarter. AT&T makes up 1.4% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio, making the stock its 5th biggest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in AT&T were worth $14,745,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in T. Shell Asset Management Co. grew its position in AT&T by 0.4% during 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 purchasing an additional 5,354 shares during the last quarter. State of Wisconsin Investment Board grew its position in AT&T by 11.0% during 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 purchasing an additional 597,735 shares during the last quarter. Holderness Investments Co. grew its position in AT&T by 62.9% during the 1st quarter. Holderness Investments Co. now owns 96,452 shares of the technology company’s stock valued at $4,008,000 after purchasing an additional 37,234 shares during the last quarter. Foster & Motley Inc. grew its position in AT&T by 4.6% during the 1st quarter. Foster & Motley Inc. now owns 58,194 shares of the technology company’s stock valued at $2,418,000 after purchasing an additional 2,545 shares during the last quarter. Finally, First Hawaiian Bank grew its position in AT&T by 8.0% during the 1st quarter. First Hawaiian Bank now owns 15,366 shares of the technology company’s stock valued at $638,000 after purchasing an additional 1,132 shares during the last quarter. 55.01% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently commented on T shares. Zacks Investment Research downgraded shares of AT&T from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Macquarie reissued a “buy” rating and set a $43.00 price objective on shares of AT&T in a research report on Friday, September 1st. ValuEngine downgraded shares of AT&T from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Royal Bank Of Canada reissued a “hold” rating and set a $42.00 price objective on shares of AT&T in a research report on Sunday, July 9th. Finally, Vetr raised shares of AT&T from a “buy” rating to a “strong-buy” rating and set a $41.56 price objective on the stock in a research report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, nineteen have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $43.41.

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AT&T Inc. (NYSE T) traded up 2.15% during midday trading on Friday, reaching $37.10. 47,942,916 shares of the company’s stock were exchanged. The firm has a market capitalization of $227.79 billion, a price-to-earnings ratio of 17.43 and a beta of 0.49. The firm’s 50 day moving average is $37.65 and its 200 day moving average is $38.92. AT&T Inc. has a 52 week low of $35.10 and a 52 week high of $43.03.

AT&T (NYSE:T) last announced its quarterly earnings results on Tuesday, July 25th. The technology company reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.05. AT&T had a return on equity of 14.53% and a net margin of 8.12%. The company had revenue of $39.84 billion during the quarter, compared to the consensus estimate of $39.84 billion. During the same period in the previous year, the company posted $0.72 earnings per share. AT&T’s revenue for the quarter was down 1.6% on a year-over-year basis. On average, equities analysts anticipate that AT&T Inc. will post $2.94 earnings per share for the current 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.

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

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