<div id="readability-page-1"><p>Nuveen LLC bought a new position in  AT&amp;T Inc. (NYSE:T - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 37,911,174 shares of the technology company's stock, valued at approximately $1,072,128,000. Nuveen LLC owned 0.53% of AT&amp;T as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>A New AI Tailwind Could Come to Boost Taiwan Semiconductor Stock</li></ul><p>Several other hedge funds and other institutional investors have also recently bought and sold shares of T. Aigen Investment Management LP purchased a new stake in shares of  AT&amp;T during the 1st quarter valued at $355,000.  Cooper Financial Group lifted its position in shares of  AT&amp;T by 10.3% during the first quarter. Cooper Financial Group now owns 24,516 shares of the technology company's stock worth $693,000 after purchasing an additional 2,293 shares during the last quarter.  Bornite Capital Management LP bought a new position in shares of  AT&amp;T during the first quarter worth about $19,796,000.  King Luther Capital Management Corp raised its stake in  AT&amp;T by 4.7% during the first quarter. King Luther Capital Management Corp now owns 1,728,267 shares of the technology company's stock worth $48,875,000 after acquiring an additional 77,765 shares during the period.  Finally, Invesco Ltd. raised its stake in  AT&amp;T by 2.3% during the first quarter. Invesco Ltd. now owns 48,740,463 shares of the technology company's stock worth $1,378,380,000 after acquiring an additional 1,088,565 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors. </p><h2>AT&amp;T Trading Up 0.1%</h2><p>Shares of NYSE T opened at $28.08 on Friday. The company's 50 day simple moving average is $27.83 and its 200 day simple moving average is $27.04. AT&amp;T Inc. has a fifty-two week low of $18.97 and a fifty-two week high of $29.19. The firm has a market capitalization of $200.78 billion, a P/E ratio of 15.95, a P/E/G ratio of 3.48 and a beta of 0.42. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.81 and a quick ratio of 0.76. </p><ul><li>Traders Turn Bullish on Housing Stocks Again—3 Leading the Way</li></ul><p>AT&amp;T (NYSE:T - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The technology company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.53 by $0.01. AT&amp;T had a net margin of 10.29% and a return on equity of 13.36%. The firm had revenue of $30.85 billion during the quarter, compared to the consensus estimate of $30.44 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The business's quarterly revenue was up 3.4% on a year-over-year basis.  On average, analysts predict that  AT&amp;T Inc. will post 2.14 EPS for the current year. </p><h2>AT&amp;T Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Thursday, July 10th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.0%. AT&amp;T's dividend payout ratio  is currently 63.07%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>3 Stocks Every Value Investor Should Watch Out for Right Now</li></ul><p>Several research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of AT&amp;T from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Friday, April 25th. UBS Group  reiterated a &#34;buy&#34; rating and issued a $31.00 target price (up previously from $30.00) on shares of AT&amp;T in a research report on Wednesday, June 18th. Williams Trading  set a $30.00 target price on shares of AT&amp;T in a research note on Thursday, April 24th. Barclays raised their price target on shares of AT&amp;T from $27.00 to $30.00 and gave the stock an &#34;overweight&#34; rating in a research report on Friday, April 25th. Finally, Citigroup  reaffirmed a &#34;buy&#34; rating on shares of AT&amp;T in a report on Tuesday, June 17th. One equities research analyst  has rated the stock with a sell rating, six have issued  a hold rating, eighteen have issued  a buy rating and one  has given a strong buy rating to the company's stock. According to MarketBeat, AT&amp;T presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $29.66.</p><p><b>Check Out Our Latest Analysis on AT&amp;T</b></p><h2>AT&amp;T Profile</h2> (Free Report)<p>AT&amp;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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than AT&amp;T</li><li>About the Markup Calculator</li><li>Rocket Lab Reports Q2 Results: Is the Bull Thesis Still Intact?</li><li>How to Invest in Biotech Stocks</li><li>Trump GLP-1 Pilot Program Could Boost Novo Nordisk &amp; Eli Lilly</li><li>Canadian Penny Stocks: Can They Make You Rich? </li><li>Now Is a Great Time to Buy Cheniere Energy: New High Expected</li></ul><p><strong>Want to see what other hedge funds are holding T?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&amp;T Inc. (NYSE:T - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AT&amp;T Right Now?</h2><p>Before you consider AT&amp;T, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AT&amp;T wasn't on the list.</p><p>While AT&amp;T currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Nuveen LLC has invested $1.07 billion in AT&T Inc. (NYSE:T) by acquiring 37,911,174 shares in the first quarter. This investment represents 0.53% of AT&T's stock. Other institutional investors have also increased their stakes in AT&T. The company's stock opened at $28.08, with a market cap of $200.78 billion and a P/E ratio of 15.95. AT&T recently reported a quarterly EPS of $0.54, exceeding estimates, and announced a quarterly dividend of $0.2775 per share, yielding 4.0%. Analysts maintain a "Moderate Buy" rating on the stock with a consensus target price of $29.66.</p>

Nuveen LLC Invests $1.07 Billion in AT&T Inc. (NYSE:T)