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Meritage Portfolio Management Has $494,000 Stock Position in AT&T Inc. $T
Meritage Portfolio Management significantly reduced its stake in AT&T Inc. (NYSE:T) by 91% in the fourth quarter, selling over 200,000 shares but still retaining a position valued at $494,000. Despite this reduction, other institutional investors largely increased their holdings, with institutional investors and hedge funds now owning 57.10% of AT&T’s stock. The article also highlights recent positive and neutral sentiments surrounding AT&T, including a new “Overweight” rating from Morgan Stanley, enhanced customer cards, and an attractive dividend yield, alongside negative sentiments regarding macro shifts and technical patterns.