General American Investors Co. Inc. Buys 50,000 Shares of AT&T Inc. $T
General American Investors Co. Inc. increased its stake in AT&T Inc. (NYSE:T) by 6.9% in the first quarter, acquiring an additional 50,000 shares to own a total of 774,639 shares valued at $22,457,000. Several other institutional investors also adjusted their positions in AT&T, with 57.10% of the stock now owned by hedge funds and institutional investors. Recent analyst ratings for AT&T include a mix of "Strong Buy," "Buy," "Hold," and "Sell," resulting in an average rating of "Moderate Buy" with a consensus price target of $29.68.


























