Tacita Capital Inc Has $45,000 Stake in AT&T Inc. (NYSE:T)

Tacita Capital Inc trimmed its stake in AT&T Inc. (NYSE:T) by 43.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,960 shares of the technology company’s stock after selling 1,500 shares during the period. Tacita Capital Inc’s holdings in AT&T were worth $45,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of T. Legacy Investment Solutions LLC acquired a new stake in shares of AT&T during the 3rd quarter valued at about $25,000. Marshall Investment Management LLC acquired a new stake in shares of AT&T during the 4th quarter valued at about $28,000. Tradewinds Capital Management LLC lifted its holdings in AT&T by 48.6% during the 4th quarter. Tradewinds Capital Management LLC now owns 1,314 shares of the technology company’s stock valued at $30,000 after purchasing an additional 430 shares during the last quarter. YANKCOM Partnership bought a new position in AT&T during the 4th quarter valued at about $30,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its holdings in AT&T by 169.2% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,338 shares of the technology company’s stock valued at $29,000 after purchasing an additional 841 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Trading Up 1.0 %

Shares of NYSE T opened at $27.69 on Tuesday. The company’s 50 day simple moving average is $24.01 and its 200 day simple moving average is $22.64. AT&T Inc. has a fifty-two week low of $15.94 and a fifty-two week high of $27.86. The firm has a market capitalization of $198.76 billion, a P/E ratio of 18.58, a P/E/G ratio of 3.00 and a beta of 0.59. 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 announced its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. AT&T had a net margin of 8.95% and a return on equity of 13.97%. On average, analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 10th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.01%. The ex-dividend date was Friday, January 10th. AT&T’s payout ratio is presently 74.50%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on T. The Goldman Sachs Group lifted their price target on shares of AT&T from $25.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Sanford C. Bernstein lifted their price target on shares of AT&T from $28.00 to $29.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. Oppenheimer began coverage on shares of AT&T in a report on Tuesday, December 10th. They set an “outperform” rating and a $28.00 price target for the company. New Street Research raised shares of AT&T from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd. Finally, UBS Group lifted their price target on shares of AT&T from $25.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, December 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and a consensus price target of $26.45.

AT&T 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.