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AT&T's earnings beat estimates despite mixed investor activity, with revenue up 3.4% to $30.85B.
AT&T saw mixed institutional investor activity this quarter, with some selling and others buying shares.
Despite a 12.9% reduction in holdings by Bruce & Co. Inc., AT&T's earnings per share of $0.54 beat analysts' expectations, and revenue increased by 3.4% year-over-year to $30.85 billion.
The company's stock is rated a "Moderate Buy" with an average target price of $30.21, and it offers a dividend yield of 3.8%.
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Las ganancias de AT&T superaron las estimaciones a pesar de la actividad mixta de los inversores, con un aumento de los ingresos del 3.4% a $ 30.85B.