Natural Investments LLC Buys Shares of 15,926 AT&T Inc. (NYSE:T)

Natural Investments LLC purchased a new position in AT&T Inc. (NYSE:T - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,926 shares of the technology company's stock, valued at approximately $362,000.

Other large investors have also recently made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new position in AT&T during the 3rd quarter valued at about $25,000. Marshall Investment Management LLC purchased a new stake in AT&T during the 4th quarter valued at about $28,000. Ritter Daniher Financial Advisory LLC DE grew its stake in AT&T by 169.2% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,338 shares of the technology company's stock valued at $29,000 after purchasing an additional 841 shares during the last quarter. YANKCOM Partnership purchased a new stake in AT&T during the 4th quarter valued at about $30,000. Finally, Tradewinds Capital Management LLC boosted its stake in shares of AT&T by 48.6% in the fourth quarter. Tradewinds Capital Management LLC now owns 1,314 shares of the technology company's stock worth $30,000 after buying an additional 430 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Royal Bank of Canada upped their target price on AT&T from $26.00 to $27.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 28th. Argus raised AT&T from a "hold" rating to a "buy" rating and set a $27.00 price target for the company in a report on Thursday, January 16th. UBS Group upped their price target on AT&T from $25.00 to $30.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Sanford C. Bernstein upped their price target on AT&T from $28.00 to $29.00 and gave the stock an "outperform" rating in a report on Tuesday, January 28th. Finally, DZ Bank raised AT&T from a "hold" rating to a "buy" rating and set a $27.00 price target for the company in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, AT&T currently has an average rating of "Moderate Buy" and an average target price of $26.74.

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AT&T Trading Down 4.6 %

Shares of AT&T stock opened at $26.02 on Wednesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.66 and a quick ratio of 0.62. AT&T Inc. has a 1 year low of $15.94 and a 1 year high of $27.97. The company has a market capitalization of $186.74 billion, a P/E ratio of 17.46, a P/E/G ratio of 3.00 and a beta of 0.56. The business has a 50 day moving average price of $24.46 and a 200 day moving average price of $22.94.

AT&T (NYSE:T - Get Free Report) last issued its quarterly earnings results on Monday, January 27th. The technology company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. AT&T had a return on equity of 13.97% and a net margin of 8.95%. Sell-side analysts anticipate that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 10th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.11 annualized dividend and a yield of 4.27%. AT&T's dividend payout ratio (DPR) is presently 74.50%.

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.

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