Capital Advisors Inc. OK Has $574,000 Stock Position in AT&T Inc. (NYSE:T)

Capital Advisors Inc. OK lifted its holdings in AT&T Inc. (NYSE:T) by 10.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,224 shares of the technology company’s stock after acquiring an additional 2,453 shares during the period. Capital Advisors Inc. OK’s holdings in AT&T were worth $574,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Certuity LLC lifted its position in shares of AT&T by 2.2% during the 4th quarter. Certuity LLC now owns 295,891 shares of the technology company’s stock valued at $6,737,000 after acquiring an additional 6,426 shares during the period. Fortress Financial Solutions LLC acquired a new position in AT&T in the fourth quarter valued at about $691,000. Quent Capital LLC lifted its position in AT&T by 14.8% during the fourth quarter. Quent Capital LLC now owns 15,812 shares of the technology company’s stock worth $360,000 after purchasing an additional 2,039 shares during the period. Edmp Inc. grew its stake in AT&T by 0.7% during the fourth quarter. Edmp Inc. now owns 115,469 shares of the technology company’s stock worth $2,629,000 after buying an additional 852 shares in the last quarter. Finally, New Republic Capital LLC bought a new position in AT&T in the 4th quarter valued at about $216,000. 57.10% of the stock is owned by institutional investors.

AT&T Price Performance

Shares of NYSE T opened at $25.37 on Thursday. The firm has a market capitalization of $182.04 billion, a P/E ratio of 17.03, a P/E/G ratio of 2.79 and a beta of 0.59. The firm’s 50-day moving average price is $23.11 and its 200-day moving average price is $21.94. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 1-year low of $15.94 and a 1-year high of $25.38.

AT&T (NYSE:T) last posted its quarterly earnings results on Monday, January 27th. The technology company reported $0.54 earnings per share 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%. Equities research analysts anticipate that AT&T Inc. will post 2.15 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 10th were issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend was Friday, January 10th. AT&T’s dividend payout ratio is currently 74.50%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Evercore ISI upped their price target on shares of AT&T from $19.00 to $21.00 and gave the stock an “in-line” rating in a report on Thursday, October 24th. UBS Group raised their target price on AT&T from $25.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Argus upgraded AT&T from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Thursday, January 16th. Royal Bank of Canada upped their price target on shares of AT&T from $26.00 to $27.00 and gave the stock an “outperform” rating in a report on Tuesday, January 28th. Finally, Barclays raised their price objective on shares of AT&T from $24.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and an average price target of $26.21.

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.