14,104 Shares in AT&T Inc. (NYSE:T) Acquired by RD Lewis Holdings Inc.

RD Lewis Holdings Inc. purchased a new position in shares of AT&T Inc. (NYSE:T) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 14,104 shares of the technology company’s stock, valued at approximately $346,000.

Several other large investors have also made changes to their positions in the company. Natixis Advisors LLC boosted its position in AT&T by 21.8% in the third quarter. Natixis Advisors LLC now owns 2,201,609 shares of the technology company’s stock valued at $48,435,000 after buying an additional 393,838 shares in the last quarter. Claro Advisors LLC boosted its position in AT&T by 64.6% in the third quarter. Claro Advisors LLC now owns 49,080 shares of the technology company’s stock valued at $1,080,000 after buying an additional 19,269 shares in the last quarter. TrinityPoint Wealth LLC acquired a new stake in AT&T in the third quarter valued at approximately $206,000. Aljian Capital Management LLC acquired a new stake in AT&T in the third quarter valued at approximately $391,000. Finally, AMG National Trust Bank boosted its position in AT&T by 130.8% in the third quarter. AMG National Trust Bank now owns 146,547 shares of the technology company’s stock valued at $3,224,000 after buying an additional 83,048 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Up 1.1 %

NYSE:T opened at $26.87 on Tuesday. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $192.86 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 3.00 and a beta of 0.56. The firm has a fifty day simple moving average of $24.75 and a two-hundred day simple moving average of $23.13. AT&T Inc. has a 12 month low of $15.94 and a 12 month high of $27.97.

AT&T (NYSE:T) last posted its quarterly earnings results on Monday, January 27th. The technology company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%. Analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on T. Citigroup raised their target price on shares of AT&T from $26.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. DZ Bank raised shares of AT&T from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Wednesday, January 29th. Sanford C. Bernstein raised their price target on shares of AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. UBS Group raised their price target on shares of AT&T from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Finally, Oppenheimer assumed coverage on shares of AT&T in a research note on Tuesday, December 10th. They set an “outperform” rating and a $28.00 price target for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus price target of $26.74.

AT&T Company Profile

AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.