From MarketBeat:

Liberty One Investment Management LLC dramatically reduced its holdings in AT&T by 99.3% during the third quarter. The company’s current ownership of AT&T stands at 4,263 shares, which amounts to $64,000. Other hedge funds and institutional investors have also bought and sold shares of AT&T, contributing to a total ownership of 53.65% institutional investors.

Research analysts have varied opinions of the AT&T shares. Seven analysts believe that the stock should be held, six believe it is a Buy and one holds a strong buy rating. The company’s consensus rating is “Moderate Buy,” and the average target price is $20.70.

AT&T traded up to $17.17 on Tuesday, with a trading volume of 20,914,180 shares. Its average trading volume sits at 37,980,398 shares. The technology company has a 1-year low of $13.43 and a 1-year high of $20.50. AT&T’s market capitalization is $122.77 billion.

AT&T Inc. has recently announced a quarterly dividend. This dividend will amount to $0.2775 per share and will be paid on Thursday, February 1st. The ex-dividend date is Tuesday, January 9th.

AT&T provides telecommunications and technology services globally. The company operates through its Communications and Latin America segments, offering wireless voice and data communications services, and a range of products.

For more information on AT&T and related financial news, visit HoldingsChannel.com to access the latest 13F filings and insider trades for AT&T Inc. (NYSE:T).

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Read more: AT&T Inc. (NYSE:T) Shares Sold by Liberty One Investment Management LLC