On April 27, 2023 at 15:29:23 ET an unusually large $387.90K block of Put contracts in AT & T (T) was bought, with a strike price of $18.00 / share, expiring in 85 day(s) (on July 21, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.30 sigmas above the mean, placing it in the 90.04th percentile of all recent large trades made in T options.
This trade was first picked up on Fintel’s real time Options Flow tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 3368 funds or institutions reporting positions in AT & T. This is an increase of 55 owner(s) or 1.66% in the last quarter. Average portfolio weight of all funds dedicated to T is 0.40%, a decrease of 6.00%. Total shares owned by institutions decreased in the last three months by 2.73% to 3,906,287K shares. The put/call ratio of T is 0.50, indicating a bullish outlook.
Analyst Price Forecast Suggests 24.22% Upside
As of April 24, 2023, the average one-year price target for AT & T is $21.37. The forecasts range from a low of $9.09 to a high of $29.40. The average price target represents an increase of 24.22% from its latest reported closing price of $17.20.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for AT & T is $125,417MM, an increase of 3.51%. The projected annual non-GAAP EPS is $2.62.
What are Other Shareholders Doing?
FSTCX – Telecommunications Portfolio holds 2,371K shares representing 0.03% ownership of the company. In it’s prior filing, the firm reported owning 2,431K shares, representing a decrease of 2.54%. The firm decreased its portfolio allocation in T by 7.39% over the last quarter.
Mirabella Financial Services Llp holds 37K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 0K shares, representing an increase of 100.00%. The firm decreased its portfolio allocation in T by 91.04% over the last quarter.
National Pension Service holds 11,244K shares representing 0.16% ownership of the company. In it’s prior filing, the firm reported owning 10,980K shares, representing an increase of 2.35%. The firm increased its portfolio allocation in T by 14.44% over the last quarter.
EPLIX – MainStay Epoch U.S. Equity Yield Fund Investor Class holds 365K shares representing 0.01% ownership of the company. In it’s prior filing, the firm reported owning 374K shares, representing a decrease of 2.33%. The firm increased its portfolio allocation in T by 5.80% over the last quarter.
SWTSX – Schwab Total Stock Market Index Fund holds 3,002K shares representing 0.04% ownership of the company. In it’s prior filing, the firm reported owning 2,956K shares, representing an increase of 1.54%. The firm increased its portfolio allocation in T by 6.53% over the last quarter.
AT&T Background Information
(This description is provided by the company.)
AT&T Inc. is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across TV, mobile and broadband. Plus, it serves high-speed, highly secure connectivity and smart solutions to nearly 3 million business customers. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers with innovative and relevant advertising solutions for consumers around premium video content and digital advertising through its platform. AT&T Latin America provides pay-TV services across 10 countries and territories in Latin America and the Caribbean and wireless services to consumers and businesses in Mexico. AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information is available at about.att.com. © 2020 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.
See all AT & T regulatory filings.
This article originally appeared on Fintel
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