1,647 Shares in AT&T Inc. (NYSE:T) Bought by Roxbury Financial LLC

Roxbury Financial LLC acquired a new position in shares of AT&T Inc. (NYSE:T) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,647 shares of the technology company’s stock, valued at approximately $38,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. AMF Tjanstepension AB lifted its holdings in AT&T by 305.1% during the 3rd quarter. AMF Tjanstepension AB now owns 1,541,724 shares of the technology company’s stock worth $33,918,000 after buying an additional 1,161,152 shares during the period. Creative Planning lifted its holdings in AT&T by 2.8% during the 3rd quarter. Creative Planning now owns 1,564,777 shares of the technology company’s stock worth $34,413,000 after buying an additional 43,218 shares during the period. Marshall Financial Group LLC acquired a new position in AT&T during the 3rd quarter worth about $317,000. Secure Asset Management LLC lifted its holdings in AT&T by 11.4% during the 3rd quarter. Secure Asset Management LLC now owns 40,539 shares of the technology company’s stock worth $892,000 after buying an additional 4,137 shares during the period. Finally, Bar Harbor Wealth Management lifted its holdings in AT&T by 2.2% during the 3rd quarter. Bar Harbor Wealth Management now owns 31,840 shares of the technology company’s stock worth $700,000 after buying an additional 684 shares during the period. Institutional investors own 57.10% of the company’s stock.

Analyst Ratings Changes

T has been the topic of a number of recent analyst reports. Scotiabank boosted their price objective on AT&T from $24.00 to $26.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 28th. UBS Group boosted their price objective on AT&T from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. New Street Research raised AT&T from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd. Evercore ISI boosted their price objective on AT&T from $19.00 to $21.00 and gave the company an “in-line” rating in a research note on Thursday, October 24th. Finally, Morgan Stanley raised AT&T from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $19.00 to $28.00 in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.33.

AT&T Stock Performance

Shares of T opened at $25.88 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.66. The stock has a 50 day moving average price of $23.23 and a two-hundred day moving average price of $22.04. The firm has a market capitalization of $185.66 billion, a P/E ratio of 17.37, a P/E/G ratio of 2.79 and a beta of 0.59. AT&T Inc. has a 52 week low of $15.94 and a 52 week high of $25.93.

AT&T (NYSE:T) last issued its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 EPS 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 analysts forecast that AT&T Inc. will post 2.15 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 10th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.29%. The ex-dividend date of this dividend was Friday, January 10th. AT&T’s dividend payout ratio 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.