<div id="readability-page-1"><p>Chapin Davis Inc. lowered its stake in  AT&amp;T Inc. (NYSE:T - Free Report) by 73.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor  owned 44,009 shares of the technology company's stock after selling 123,172 shares during the quarter. Chapin Davis Inc.'s holdings in AT&amp;T were worth $1,243,000 as of its most recent filing with the SEC.</p><ul><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li></ul><p>A number of other large investors have also recently bought and sold shares of the stock. Front Row Advisors LLC acquired a new position in shares of  AT&amp;T in the second quarter worth $25,000.  O Brien Wealth Partners LLC purchased a new stake in  AT&amp;T during the 2nd quarter worth about $26,000.  Kennebec Savings Bank increased its position in  AT&amp;T by 412.1% during the 2nd quarter. Kennebec Savings Bank now owns 973 shares of the technology company's stock worth $28,000 after purchasing an additional 783 shares in the last quarter.  Solstein Capital LLC raised its stake in  AT&amp;T by 217.3% in the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company's stock valued at $28,000 after purchasing an additional 652 shares during the last quarter.  Finally, Curio Wealth LLC lifted its holdings in  AT&amp;T by 26,100.0% in the 2nd quarter. Curio Wealth LLC now owns 1,048 shares of the technology company's stock valued at $30,000 after purchasing an additional 1,044 shares in the last quarter. Institutional investors and hedge funds own  57.10% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>T has been the subject of a number of recent research reports. Wells Fargo &amp; Company lowered their price target on shares of AT&amp;T from $31.00 to $29.00 and set an &#34;overweight&#34; rating for the company in a report on Thursday, October 16th. KeyCorp upgraded AT&amp;T from a &#34;sector weight&#34; rating to an &#34;overweight&#34; rating and set a $30.00 price target for the company in a report on Tuesday, November 11th. The Goldman Sachs Group initiated coverage on AT&amp;T in a research note on Tuesday, September 2nd. They set a &#34;buy&#34; rating and a $32.00 price target on the stock. Royal Bank Of Canada lowered their price objective on AT&amp;T from $31.00 to $30.00 and set an &#34;outperform&#34; rating for the company in a research report on Thursday, October 23rd. Finally, TD Cowen upped their target price on AT&amp;T from $32.00 to $33.00 and gave the company a &#34;hold&#34; rating in a research note on Thursday, October 23rd. One analyst  has rated the stock with a Strong Buy rating, sixteen have issued  a Buy rating and nine have assigned  a Hold rating to the stock. According to MarketBeat.com, AT&amp;T  has an average rating of &#34;Moderate Buy&#34; and an average price target of $30.55.</p><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p><b>Read Our Latest Stock Report on T</b></p><h2>AT&amp;T Stock Down 0.5%</h2><p>Shares of NYSE T opened at $24.24 on Friday. The stock has a market capitalization of $171.85 billion, a PE ratio of 7.87, a P/E/G ratio of 1.43 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 1.01. The firm has a fifty day moving average of $25.26 and a 200-day moving average of $27.17. AT&amp;T Inc. has a 52-week low of $21.38 and a 52-week high of $29.79. </p><ul><li>AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week</li></ul><p>AT&amp;T (NYSE:T - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The technology company reported $0.54 earnings per share for the quarter, meeting analysts' consensus estimates of $0.54. AT&amp;T had a return on equity of 12.72% and a net margin of 17.87%.The firm had revenue of $30.71 billion for the quarter, compared to analysts' expectations of $30.85 billion. During the same quarter last year, the firm earned $0.60 earnings per share. The firm's revenue for the quarter was up 1.7% compared to the same quarter last year.  On average, analysts anticipate that  AT&amp;T Inc. will post 2.14 EPS for the current year. </p><h2>AT&amp;T Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be issued a dividend of $0.2775 per share. The ex-dividend date is Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.6%. AT&amp;T's payout ratio is presently 36.04%. </p><h2>About AT&amp;T</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>Recommended Stories</h2><ul><li>Five stocks we like better than AT&amp;T</li><li>Best Stocks Under $10.00 </li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>How to Plot Fibonacci Price Inflection Levels </li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>3 Grocery Stocks That Are Proving They Are Still Essential </li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</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 reporting and unbiased coverage. 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>Chapin Davis Inc. reduced its stake in AT&T Inc. by 73.7% in the third quarter, now holding 44,009 shares worth $1,243,000. Other investors also adjusted their positions in AT&T. Analysts have mixed ratings for AT&T, with an average price target of $30.55. AT&T's recent earnings met expectations, with a quarterly revenue of $30.71 billion and a net margin of 17.87%. The company announced a quarterly dividend of $0.2775 per share, yielding 4.6%.</p>

Chapin Davis Inc. Reduces Holdings in AT&T Inc. $T