The AT&T Inc. (T) Shares Bought by InterOcean Capital LLC

Cornelia Mascio
Febbraio 25, 2018

The technology company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.13. M&R Capital Management Inc.'s holdings in AT&T were worth $1,489,000 at the end of the most recent reporting period.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Apriem Advisors now owns 248,362 shares of the technology company's stock worth $9,728,000 after acquiring an additional 6,155 shares during the period. Barry Investment Advisors LLC now owns 220,395 shares of the technology company's stock worth $8,315,000 after purchasing an additional 1,799 shares during the period. Riggs Asset Managment Co Inc holds 0.02% or 1,005 shares. Ltd. raised its stake in AT&T by 0.8% during the third quarter. Hartford Financial Management Inc. now owns 50,594 shares of the technology company's stock worth $1,908,000 after purchasing an additional 1,605 shares in the last quarter. Venturi Wealth Management LLC now owns 15,002 shares of the technology company's stock worth $587,000 after acquiring an additional 5,000 shares during the period. (NYSE:T). Woodmont Invest Counsel Limited Liability Company accumulated 114,251 shares or 1.22% of the stock.

T has been the subject of several recent research reports. ValuEngine lowered shares of AT&T from a "buy" rating to a "hold" rating in a research report on Friday, February 2nd. Jefferies Group restated a "buy" rating and set a $36.38 target price (down previously from $48.00) on shares of AT&T in a report on Friday, December 1st. Nomura dropped their price objective on shares of AT&T to $42.00 and set a "buy" rating on the stock in a research note on Tuesday, November 21st. Finally, SunTrust Banks upped their price target on shares of AT&T from $36.00 to $40.00 and gave the stock a "hold" rating in a research report on Thursday, February 1st. Finally, Citigroup increased their price target on AT&T from $52.00 to $54.00 and gave the company a "buy" rating in a research note on Friday, November 10th. The stock presently has a consensus rating of "Hold" and an average price target of $41.92. Also, CEO John Donovan bought 27,997 shares of AT&T stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of $35.68 per share, for a total transaction of $998,932.96. Following the completion of the purchase, the chief executive officer now owns 179,834 shares of the company's stock, valued at approximately $6,416,477.12. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard W. Fisher acquired 2,600 shares of the stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $39.21, for a total transaction of $90,457.47. Following the completion of the sale, the executive vice president now directly owns 51,672 shares in the company, valued at approximately $2,026,059.12. The disclosure for this sale can be found here. (NYSE:T). Ar Asset owns 59,438 shares for 0.92% of their portfolio. AT&T has a 52-week low of $32.55 and a 52-week high of $42.70. (NYSE:T). Villere St Denis J Ltd Co has 0.03% invested in AT&T Inc. The company has a current ratio of 0.97, a quick ratio of 1.60 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $225,420.00, a PE ratio of 24.64, a price-to-earnings-growth ratio of 2.51 and a beta of 0.37.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, January 31st. The company had revenue of $41.68 billion during the quarter, compared to the consensus estimate of $41.21 billion. AT&T had a return on equity of 14.55% and a net margin of 18.34%. During the same period in the previous year, the business earned $0.66 earnings per share. equities research analysts predict that AT&T Inc. will post 3.48 EPS for the current fiscal year. New England Investment & Retirement Group Inc. lifted its stake in shares of AT&T by 1.1% in the 2nd quarter.

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th were issued a dividend of $0.50 per share. As per Tuesday, January 2, the company rating was maintained by KeyBanc Capital Markets. This is an increase from AT&T's previous quarterly dividend of $0.49. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.41%. AT&T's dividend payout ratio is now 134.23%.

ILLEGAL ACTIVITY WARNING: "King Luther Capital Management Corp Buys 140,942 Shares of AT&T Inc. (T) Stake Lessened by Wimmer Associates 1 LLC" was first reported by Week Herald and is the property of of Week Herald. If you are reading this piece of content on another domain, it was stolen and reposted in violation of U.S. & global trademark & copyright laws. The original version of this piece of content can be read at (NYSE:T). M Holdings Securities has invested 0.59% in AT&T Inc.

Capitol Federal Financial, Inc. operates as the holding firm for Capitol Federal Savings Bank that provides various retail banking services and products in the United States. During the same quarter in the prior year, the business posted $0.66 EPS. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and worldwide.

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