Institutional Investors Are Betting On At&t Corp (NYSE:T)

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Sentiment for At&t Corp (NYSE:T)

At&t Corp (NYSE:T) institutional sentiment increased to 2.31 in Q2 2018. Its up 1.39, from 0.92 in 2018Q1. The ratio has increased, as 1114 investment managers opened new and increased holdings, while 482 sold and decreased equity positions in At&t Corp. The investment managers in our partner’s database now own: 3.64 billion shares, up from 3.08 billion shares in 2018Q1. Also, the number of investment managers holding At&t Corp in their top 10 holdings increased from 76 to 89 for an increase of 13. Sold All: 56 Reduced: 426 Increased: 885 New Position: 229.

AT&T Inc. provides telecommunications and digital entertainment services. The company has market cap of $222.13 billion. The firm operates through four divisions: Business Solutions, Entertainment Group, Consumer Mobility, and International. It has a 5.96 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 increased 0.63% or $0.19 during the last trading session, reaching $30.52. About 27.76M shares traded. AT&T Inc. (NYSE:T) has declined 7.83% since November 14, 2017 and is downtrending. It has underperformed by 23.45% the S&P500.

Bluefin Trading Llc holds 17.54% of its portfolio in AT&T Inc. for 7.22 million shares. Davide Leone & Partners Investment Co Llp owns 5.24 million shares or 15.93% of their US portfolio. Moreover, Hap Trading Llc has 14.12% invested in the company for 8.81 million shares. The Texas-based Mediatel Partners has invested 13.58% in the stock. Qv Investors Inc., a Alberta – Canada-based fund reported 2.42 million shares.

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

Ratings analysis reveals 43% of AT\u0026T’s analysts are positive. Out of 14 Wall Street analysts rating AT\u0026T, 6 give it “Buy”, 2 “Sell” rating, while 6 recommend “Hold”. The lowest target is $29 while the high is $38. The stock’s average target of $36.09 is 18.25% above today’s ($30.52) share price. T was included in 14 notes of analysts from June 7, 2018. On Wednesday, June 13 the stock rating was upgraded by Oppenheimer to “Outperform”. The firm has “Buy” rating by Tigress Financial given on Monday, October 22. Wells Fargo downgraded the stock to “Market Perform” rating in Wednesday, August 22 report. The rating was downgraded by Moffett Nathanson to “Sell” on Wednesday, June 13. The stock has “Neutral” rating by JP Morgan on Tuesday, June 19. The company was downgraded on Friday, July 13 by Raymond James. Barclays Capital maintained the stock with “Equal-Weight” rating in Tuesday, September 4 report. The stock has “Outperform” rating by Robert W. Baird on Thursday, October 25. The stock has “Buy” rating by Bank of America on Monday, July 30. Jefferies downgraded the shares of T in report on Thursday, June 7 to “Hold” rating.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T reiterates guidance, priorities in company update” on November 14, 2018, also Seekingalpha.com with their article: “AT&T Hits Lows: Should We Worry?” published on October 30, 2018, Seekingalpha.com published: “AT&T: Business Update And Financial Performance Q3 2018” on October 30, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: Benzinga.com and their article: “CNN Sues Trump After Suspension Of Acosta’s Press Pass” published on November 13, 2018 as well as Seekingalpha.com‘s news article titled: “AT&T: Winter Is Coming For Streaming Service” with publication date: November 08, 2018.

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

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