At&t Inc (NYSE:T) Institutional Investor Sentiment Trend

September 4, 2017 - By Richard Conner

 At&t Inc (NYSE:T) Institutional Investor Sentiment Trend

Sentiment for At&t Inc (NYSE:T)

At&t Inc (NYSE:T) institutional sentiment increased to 1.17 in 2016 Q4. Its up 0.15, from 1.02 in 2016Q3. The ratio improved, as 820 hedge funds started new and increased holdings, while 702 sold and reduced positions in At&t Inc. The hedge funds in our partner’s database now own: 3.26 billion shares, up from 3.17 billion shares in 2016Q3. Also, the number of hedge funds holding At&t Inc in their top 10 holdings decreased from 218 to 213 for a decrease of 5. Sold All: 84 Reduced: 618 Increased: 705 New Position: 115.

AT&T Inc. is a holding company. The Company is a well-known provider of communications and digital entertainment services in the United States and the world. The company has market cap of $230.13 billion. The Firm operates through four divisions: Business Solutions, Entertainment Group, Consumer Mobility and International. It has a 17.61 P/E ratio. The Firm offers its services and products to clients in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.

The stock increased 0.05% or $0.02 on September 1, reaching $37.48. About shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since September 4, 2016 and is downtrending. It has underperformed by 17.22% the S&P500.

Evercore Trust Company N.A. holds 27.54% of its portfolio in AT&T Inc. for 201.94 million shares. Mediatel Partners owns 935,304 shares or 16.52% of their US portfolio. Moreover, Qv Investors Inc. has 7.74% invested in the company for 1.63 million shares. The Massachusetts-based Excalibur Management Corp has invested 7.08% in the stock. Guardian Investment Management, a California-based fund reported 117,662 shares.#img1#

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

Ratings analysis reveals 32% of AT&T Inc.’s analysts are positive. Out of 25 Wall Street analysts rating AT&T Inc., 8 give it “Buy”, 1 “Sell” rating, while 16 recommend “Hold”. The lowest target is $35 while the high is $51. The stock’s average target of $41.38 is 10.41% above today’s ($37.48) share price. T was included in 54 notes of analysts from July 27, 2015. HSBC upgraded the shares of T in report on Monday, September 26 to “Hold” rating. On Monday, November 14 the stock rating was maintained by Deutsche Bank with “Buy”. The company was initiated on Thursday, February 4 by DA Davidson. RBC Capital Markets maintained the shares of T in report on Wednesday, July 26 with “Hold” rating. The firm has “Hold” rating given on Friday, July 7 by RBC Capital Markets. The company was maintained on Tuesday, July 18 by Cowen & Co. The firm has “Buy” rating by Macquarie Research given on Tuesday, September 1. The firm has “Hold” rating given on Wednesday, January 11 by Deutsche Bank. The stock of AT&T Inc. (NYSE:T) earned “Buy” rating by Jefferies on Thursday, April 7. As per Wednesday, April 27, the company rating was maintained by Cowen & Co.

More notable recent AT&T Inc. (NYSE:T) news were published by: Investorplace.com which released: “AT&T Inc. (T) Stock Is Still a Solid Buy Despite Abnormal Volatility” on August 24, 2017, also Investorplace.com with their article: “Is AT&T Inc. (T) Stock Still a Trust-Worthy Long-Term Buy?” published on August 18, 2017, Seekingalpha.com published: “AT&T: The Good, Bad And Ugly Truth” on September 01, 2017. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “AT&T’s Earnings Weren’t As Good As They Looked” published on August 31, 2017 as well as Seekingalpha.com‘s news article titled: “AT&T: Buying Opportunity” with publication date: September 04, 2017.

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