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AT&T (NYSE:T) was the target of unusually large options trading activity on Monday. Stock investors acquired 202,117 call options on the company, AnalystRatingsNetwork reports. This represents an increase of 798% compared to the typical daily volume of 22,498 call options.

A number of research firms have recently commented on T. Analysts at Cowen and Company raised their price target on shares of AT&T from $35.00 to $38.00 in a research note on Wednesday, July 2nd. Separately, analysts at KeyCorp reiterated a “positive” rating on shares of AT&T in a research note on Tuesday, June 3rd. Finally, analysts at Sanford C. Bernstein initiated coverage on shares of AT&T in a research note on Thursday, May 22nd. They set a “market perform” rating on the stock. Ten investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $35.13.

AT&T (NYSE:T) traded up 0.50% on Monday, hitting $36.02. The stock had a trading volume of 19,583,564 shares. AT&T has a one year low of $31.74 and a one year high of $36.86. The stock’s 50-day moving average is $35.36 and its 200-day moving average is $34.42. The company has a market cap of $186.9 billion and a P/E ratio of 10.45.

AT&T (NYSE:T) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $0.71 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.69 by $0.02. The company had revenue of $32.50 billion for the quarter, compared to the consensus estimate of $32.36 million. During the same quarter last year, the company posted $0.64 earnings per share. AT&T’s revenue was up 3.6% compared to the same quarter last year. On average, analysts predict that AT&T will post $2.64 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 1st. Shareholders of record on Thursday, July 10th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date of this dividend is Tuesday, July 8th.

AT&T Inc (NYSE:T), is a holding company.

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