Windsor Group LTD Has $501,000 Holdings in AT&T Inc. (NYSE:T)

Windsor Group LTD boosted its stake in AT&T Inc. (NYSE:T) by 8.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,417 shares of the technology company’s stock after buying an additional 2,525 shares during the quarter. Windsor Group LTD’s holdings in AT&T were worth $501,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Steward Financial Group LLC raised its holdings in shares of AT&T by 159.7% in the first quarter. Steward Financial Group LLC now owns 1,561 shares of the technology company’s stock valued at $30,000 after buying an additional 960 shares during the last quarter. Carmel Capital Partners LLC bought a new stake in shares of AT&T during the first quarter valued at approximately $31,000. Grey Fox Wealth Advisors LLC increased its holdings in shares of AT&T by 41,000.0% in the first quarter. Grey Fox Wealth Advisors LLC now owns 1,644 shares of the technology company’s stock valued at $32,000 after purchasing an additional 1,640 shares in the last quarter. Sageworth Trust Co bought a new position in AT&T in the 1st quarter worth approximately $32,000. Finally, FWL Investment Management LLC acquired a new position in AT&T during the 4th quarter worth $31,000. Institutional investors own 53.65% of the company’s stock.

AT&T Price Performance

Shares of NYSE T opened at $15.09 on Tuesday. The firm has a market cap of $107.88 billion, a PE ratio of -12.37, a PEG ratio of 1.87 and a beta of 0.64. The company has a current ratio of 0.68, a quick ratio of 0.63 and a debt-to-equity ratio of 1.10. The company has a fifty day moving average price of $14.46 and a 200 day moving average price of $16.33. AT&T Inc. has a 1-year low of $13.43 and a 1-year high of $20.50.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, July 26th. The technology company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. AT&T had a positive return on equity of 15.91% and a negative net margin of 7.22%. The firm had revenue of $29.92 billion for the quarter, compared to the consensus estimate of $30.07 billion. During the same quarter in the previous year, the business earned $0.65 earnings per share. The business’s revenue was up .9% compared to the same quarter last year. Research analysts predict that AT&T Inc. will post 2.43 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 1st. Shareholders of record on Monday, July 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 7.36%. The ex-dividend date was Friday, July 7th. AT&T’s dividend payout ratio is -90.98%.

Analysts Set New Price Targets

T has been the subject of several research reports. Royal Bank of Canada lowered their target price on AT&T from $19.00 to $14.00 and set a “sector perform” rating for the company in a research note on Thursday, August 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on AT&T from $23.00 to $22.00 in a report on Friday, July 14th. JPMorgan Chase & Co. lowered shares of AT&T from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $22.00 to $17.00 in a research note on Friday, July 14th. Morgan Stanley reissued an “equal weight” rating and set a $20.00 price target on shares of AT&T in a research note on Thursday, August 3rd. Finally, HSBC reduced their price objective on shares of AT&T from $21.00 to $19.00 in a research note on Monday, June 5th. Nine investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, AT&T presently has an average rating of “Hold” and a consensus target price of $20.00.

AT&T Profile

AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores.