Blueprint Investment Partners LLC Has $821,000 Holdings in AT&T Inc. (NYSE:T)

Blueprint Investment Partners LLC increased its holdings in AT&T Inc. (NYSE:T) by 15.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,046 shares of the technology company’s stock after purchasing an additional 4,934 shares during the quarter. Blueprint Investment Partners LLC’s holdings in AT&T were worth $821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of T. Assetmark Inc. increased its position in shares of AT&T by 4,986.1% during the fourth quarter. Assetmark Inc. now owns 9,913,960 shares of the technology company’s stock worth $225,741,000 after buying an additional 9,719,036 shares during the period. Bank of New York Mellon Corp grew its holdings in AT&T by 7.1% during the 4th quarter. Bank of New York Mellon Corp now owns 85,592,594 shares of the technology company’s stock worth $1,948,943,000 after acquiring an additional 5,649,277 shares during the period. Amundi raised its position in shares of AT&T by 19.8% in the 4th quarter. Amundi now owns 33,963,826 shares of the technology company’s stock worth $753,318,000 after acquiring an additional 5,614,168 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of AT&T by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 161,120,657 shares of the technology company’s stock valued at $3,532,684,000 after purchasing an additional 3,630,972 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of AT&T during the 4th quarter valued at about $82,340,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Stock Up 0.9 %

Shares of NYSE:T opened at $27.04 on Friday. 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 $194.06 billion, a PE ratio of 18.14, a price-to-earnings-growth ratio of 3.00 and a beta of 0.56. The business has a fifty day moving average price of $25.13 and a two-hundred day moving average price of $23.30. 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 (NYSE:T) last posted its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%. Analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on T. UBS Group boosted their price target on AT&T from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Morgan Stanley upgraded shares of AT&T from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $19.00 to $28.00 in a report on Monday, December 16th. Oppenheimer started coverage on shares of AT&T in a research report on Tuesday, December 10th. They set an “outperform” rating and a $28.00 price objective on the stock. Scotiabank boosted their target price on AT&T from $26.00 to $28.50 and gave the company a “sector outperform” rating in a research report on Monday, March 3rd. Finally, Citigroup increased their price target on AT&T from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, five have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.79.

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.