Gardner Russo & Gardner Has Lifted Fomento Economico Mex Sp Adr (FMX) Holding by $359,445; Crawford Investment Counsel Has Raised Its At&T (T) Position by $1.21 Million; Stock Value Declined

April 17, 2018 - By Maria Brooks

AT&T Inc. (NYSE:T) Logo

Tom Russo increased its stake in Fomento Economico Mex Sp Adr (FMX) by 2.89% based on its latest 2017Q4 regulatory filing with the SEC. Gardner Russo & Gardner Llc bought 3,865 shares as the company’s stock declined 1.98% with the market. The hedge fund run by Tom Russo held 137,640 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $12.92 million, up from 133,775 at the end of the previous reported quarter. Gardner Russo & Gardner Llc who had been investing in Fomento Economico Mex Sp Adr for a number of months, seems to be bullish on the $20.58 billion market cap company. The stock increased 1.40% or $1.36 during the last trading session, reaching $98.56. About 327,361 shares traded. Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX) has declined 2.35% since April 17, 2017 and is downtrending. It has underperformed by 13.90% the S&P500.

Crawford Investment Counsel Inc increased its stake in At&T Inc (T) by 2.05% based on its latest 2017Q4 regulatory filing with the SEC. Crawford Investment Counsel Inc bought 31,726 shares as the company’s stock declined 10.37% with the market. The institutional investor held 1.58 million shares of the telecommunications equipment company at the end of 2017Q4, valued at $61.41 million, up from 1.55M at the end of the previous reported quarter. Crawford Investment Counsel Inc who had been investing in At&T Inc for a number of months, seems to be bullish on the $230.19 billion market cap company. The stock decreased 0.56% or $0.2 during the last trading session, reaching $35.44. About 12.55M shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since April 17, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Among 31 analysts covering AT&T Inc. (NYSE:T), 12 have Buy rating, 1 Sell and 18 Hold. Therefore 39% are positive. AT&T Inc. had 78 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of AT&T Inc. (NYSE:T) has “Outperform” rating given on Friday, March 23 by Wells Fargo. On Monday, October 24 the stock rating was downgraded by Drexel Hamilton to “Hold”. As per Thursday, July 13, the company rating was downgraded by Bank of America. The rating was upgraded by Citigroup to “Buy” on Wednesday, September 2. Scotia Capital maintained the stock with “Hold” rating in Tuesday, January 30 report. The rating was maintained by Wells Fargo on Friday, February 23 with “Buy”. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Tuesday, January 2. Oppenheimer downgraded AT&T Inc. (NYSE:T) on Tuesday, November 8 to “Perform” rating. The stock has “Buy” rating by Jefferies on Thursday, April 7. Cowen & Co maintained AT&T Inc. (NYSE:T) rating on Monday, September 18. Cowen & Co has “Hold” rating and $41.0 target.

Crawford Investment Counsel Inc, which manages about $4.53 billion and $3.22 billion US Long portfolio, decreased its stake in Glaxosmithkline Plc (NYSE:GSK) by 40,588 shares to 514,550 shares, valued at $18.25M in 2017Q4, according to the filing. It also reduced its holding in United Technologies Corp (NYSE:UTX) by 4,175 shares in the quarter, leaving it with 333,680 shares, and cut its stake in Tanger Factory Outlet Ctrs I (NYSE:SKT).

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It dropped, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. The Texas-based Sequent Asset Mngmt Ltd Com has invested 0.65% in AT&T Inc. (NYSE:T). Wharton Business Group Llc invested 0.03% in AT&T Inc. (NYSE:T). Mason Street Advsrs Limited Co, a Wisconsin-based fund reported 855,252 shares. Sun Life Financial reported 64,138 shares or 0.26% of all its holdings. Salzhauer Michael has 13,500 shares for 0.21% of their portfolio. Qci Asset New York has invested 0.06% in AT&T Inc. (NYSE:T). Gotham Asset Mngmt Ltd Co holds 0.37% of its portfolio in AT&T Inc. (NYSE:T) for 658,481 shares. Aviva Public Ltd Liability, a United Kingdom-based fund reported 4.69 million shares. Thrivent Financial For Lutherans holds 657,384 shares. Canandaigua Financial Bank And Tru Communication reported 126,841 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv, a Alberta – Canada-based fund reported 1.76M shares. Rocky Mountain Advisers Limited Liability Co owns 0.26% invested in AT&T Inc. (NYSE:T) for 1,697 shares. Bank & Trust Hapoalim Bm stated it has 0.13% in AT&T Inc. (NYSE:T). American Natl Insur Tx has invested 1.06% of its portfolio in AT&T Inc. (NYSE:T). Roosevelt Investment Group Inc holds 5,529 shares.

Gardner Russo & Gardner Llc, which manages about $10.72 billion and $14.52 billion US Long portfolio, decreased its stake in Nestle Sa (NSRGY) by 203,608 shares to 15.89M shares, valued at $1.37 billion in 2017Q4, according to the filing. It also reduced its holding in Jc Decaux Sa Act (JCDXF) by 43,369 shares in the quarter, leaving it with 7.73 million shares, and cut its stake in Brown (NYSE:BF.B).

AT&T Inc. (NYSE:T) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts