Capital International Sarl Has $1.03 Million Holdings in AT&T Inc. (NYSE:T)

Capital International Sarl increased its holdings in shares of AT&T Inc. (NYSE:T - Free Report) by 196.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,142 shares of the technology company's stock after buying an additional 29,890 shares during the quarter. Capital International Sarl's holdings in AT&T were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of T. Adams Wealth Management grew its holdings in shares of AT&T by 8.0% during the 4th quarter. Adams Wealth Management now owns 30,254 shares of the technology company's stock valued at $689,000 after acquiring an additional 2,230 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in AT&T by 24.9% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 9,526,859 shares of the technology company's stock worth $216,907,000 after purchasing an additional 1,901,769 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in shares of AT&T by 58.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 7,440,994 shares of the technology company's stock worth $169,431,000 after purchasing an additional 2,730,418 shares in the last quarter. Capital Square LLC raised its stake in shares of AT&T by 35.5% during the 4th quarter. Capital Square LLC now owns 37,936 shares of the technology company's stock worth $862,000 after purchasing an additional 9,940 shares in the last quarter. Finally, Farringdon Capital Ltd. acquired a new stake in shares of AT&T during the 4th quarter valued at about $247,000. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Price Performance

Shares of NYSE:T traded up $0.10 on Friday, hitting $27.12. The stock had a trading volume of 24,758,386 shares, compared to its average volume of 36,664,188. The company has a market capitalization of $194.67 billion, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42. AT&T Inc. has a twelve month low of $16.17 and a twelve month high of $29.03. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.66. The firm's 50 day moving average price is $26.84 and its 200-day moving average price is $24.15.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data 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 return on equity of 13.97% and a net margin of 8.95%. On average, equities research analysts predict that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 1st. Investors of record on Thursday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date of this dividend is Thursday, April 10th. AT&T's dividend payout ratio is currently 74.50%.

Analysts Set New Price Targets

Several brokerages recently weighed in on T. Oppenheimer raised their price objective on shares of AT&T from $27.00 to $32.00 and gave the company an "outperform" rating in a research report on Tuesday, April 1st. Royal Bank of Canada raised their price target on shares of AT&T from $27.00 to $28.00 and gave the company an "outperform" rating in a report on Wednesday, March 19th. BNP Paribas upgraded shares of AT&T from a "neutral" rating to an "outperform" rating and set a $28.50 price objective for the company in a report on Thursday, February 13th. Citigroup restated a "buy" rating on shares of AT&T in a report on Monday, April 7th. Finally, Sanford C. Bernstein boosted their price objective on shares of AT&T from $28.00 to $29.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $27.24.

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.