WINTON GROUP Ltd Cuts Holdings in AT&T Inc. (T)

WINTON GROUP Ltd lowered its position in AT&T Inc. (NYSE:T) by 26.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,349 shares of the technology company’s stock after selling 23,694 shares during the quarter. WINTON GROUP Ltd’s holdings in AT&T were worth $2,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of T. Sfmg LLC boosted its stake in shares of AT&T by 58.5% during the third quarter. Sfmg LLC now owns 48,102 shares of the technology company’s stock valued at $1,884,000 after purchasing an additional 17,748 shares during the period. Telos Capital Management Inc. boosted its stake in shares of AT&T by 4.8% during the second quarter. Telos Capital Management Inc. now owns 69,994 shares of the technology company’s stock valued at $2,641,000 after purchasing an additional 3,197 shares during the period. Welch Investments LLC boosted its stake in shares of AT&T by 9.3% during the second quarter. Welch Investments LLC now owns 109,245 shares of the technology company’s stock valued at $4,122,000 after purchasing an additional 9,291 shares during the period. Moors & Cabot Inc. boosted its stake in shares of AT&T by 11.3% during the second quarter. Moors & Cabot Inc. now owns 247,888 shares of the technology company’s stock valued at $9,373,000 after purchasing an additional 25,167 shares during the period. Finally, Wedbush Securities Inc. boosted its stake in shares of AT&T by 9.7% during the second quarter. Wedbush Securities Inc. now owns 176,333 shares of the technology company’s stock valued at $6,653,000 after purchasing an additional 15,562 shares during the period. 55.39% of the stock is owned by institutional investors and hedge funds.

AT&T Inc. (NYSE T) opened at $36.41 on Thursday. The company has a quick ratio of 1.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $223,520.00, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 2.51 and a beta of 0.37. AT&T Inc. has a twelve month low of $32.55 and a twelve month high of $42.70.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.13. The business had revenue of $41.68 billion during the quarter, compared to the consensus estimate of $41.21 billion. AT&T had a return on equity of 14.55% and a net margin of 18.34%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 earnings per share. equities analysts forecast that AT&T Inc. will post 3.48 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th were issued a $0.50 dividend. This is an increase from AT&T’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Tuesday, January 9th. This represents a $2.00 dividend on an annualized basis and a yield of 5.49%. AT&T’s dividend payout ratio is 123.46%.

T has been the subject of a number of analyst reports. Jefferies Group reissued a “buy” rating and set a $36.38 price objective (down previously from $48.00) on shares of AT&T in a research note on Friday, December 1st. Vetr downgraded AT&T from a “strong-buy” rating to a “buy” rating and set a $39.67 target price for the company. in a report on Wednesday, November 29th. Nomura decreased their target price on AT&T to $42.00 and set a “buy” rating for the company in a report on Tuesday, November 21st. Canaccord Genuity restated a “buy” rating and set a $51.00 target price on shares of AT&T in a report on Friday, November 10th. Finally, Citigroup upped their target price on AT&T from $52.00 to $54.00 and gave the company a “buy” rating in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $41.92.

In other news, CEO John Donovan acquired 27,997 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was acquired at an average price of $35.68 per share, for a total transaction of $998,932.96. Following the completion of the acquisition, the chief executive officer now owns 179,834 shares in the company, valued at $6,416,477.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP John T. Stankey sold 2,307 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $39.21, for a total value of $90,457.47. Following the completion of the transaction, the executive vice president now owns 51,672 shares of the company’s stock, valued at approximately $2,026,059.12. The disclosure for this sale can be found here. 0.09% of the stock is currently owned by corporate insiders.

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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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