At&t Corp (NYSE:T) Institutional Investors Quarterly Sentiment

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Sentiment for At&t Corp (NYSE:T)

At&t Corp (NYSE:T) institutional sentiment increased to 1.33 in Q2 2019. Its up 0.11, from 1.22 in 2019Q1. The ratio is positive, as 786 hedge funds opened new or increased holdings, while 591 reduced and sold their stakes in At&t Corp. The hedge funds in our partner’s database now hold: 3.52 billion shares, up from 3.52 billion shares in 2019Q1. Also, the number of hedge funds holding At&t Corp in their top 10 holdings increased from 65 to 82 for an increase of 17. Sold All: 52 Reduced: 539 Increased: 665 New Position: 121.

AT&T Inc. provides telecommunications and digital entertainment services. The company has market cap of $276.46 billion. The firm operates through four divisions: Business Solutions, Entertainment Group, Consumer Mobility, and International. It has a 15.96 P/E ratio. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, wireless equipment, and other services to business, governmental, and wholesale customers, as well as individual subscribers.

The stock decreased 1.42% or $0.55 during the last trading session, reaching $37.83. About 22.73 million shares traded. AT&T Inc. (NYSE:T) has risen 6.41% since September 13, 2018 and is uptrending. It has outperformed by 6.41% the S&P500.

Analysts await AT&T Inc. (NYSE:T) to report earnings on October, 23. They expect $0.94 earnings per share, up 4.44 % or $0.04 from last year’s $0.9 per share. T’s profit will be $6.87 billion for 10.06 P/E if the $0.94 EPS becomes a reality. After $0.89 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 5.62 % EPS growth.

Covenant Multifamily Offices Llc holds 17.84% of its portfolio in AT&T Inc. for 2.43 million shares. Qv Investors Inc. owns 3.81 million shares or 17.59% of their US portfolio. Moreover, Mediatel Partners has 11.29% invested in the company for 935,304 shares. The New Jersey-based Credit Capital Investments Llc has invested 7.56% in the stock. Community Bank Of Raymore, a Missouri-based fund reported 612,574 shares.

AT&T Inc. (NYSE:T) Ratings Coverage

Ratings analysis reveals 75% of AT\u0026T’s analysts are positive. Out of 4 Wall Street analysts rating AT\u0026T, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $3500 while the high is $4200. The stock’s average target of $37.25 is -1.53% below today’s ($37.83) share price. T was included in 9 notes of analysts from March 15, 2019. The stock of AT&T Inc. (NYSE:T) earned “Buy” rating by Bank of America on Monday, June 24. Citigroup maintained it with “Buy” rating and $4200 target in Tuesday, September 10 report. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, September 10 report. Raymond James maintained AT&T Inc. (NYSE:T) rating on Thursday, July 25. Raymond James has “Outperform” rating and $3500 target.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T, American Tower sign new long-term deal – Seeking Alpha” on September 03, 2019, also Seekingalpha.com with their article: “AT&T, Nexstar end dispute with new carriage deal – Seeking Alpha” published on August 29, 2019, Fool.com published: “3 Dividend Stocks for New Investors to Build Their Portfolios Around – The Motley Fool” on August 23, 2019. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “Investors should look to dividend stocks, Goldman says – Seeking Alpha” published on August 19, 2019 as well as Seekingalpha.com‘s news article titled: “AT&T: Let It Run, For Now – Seeking Alpha” with publication date: September 05, 2019.

AT&T Inc. (NYSE:T) Ratings Chart

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