Are AT&T’s Top Shareholders Remaining Positive About 2012?
In 2012, AT&T, Inc.’s (NYSE:T) shares are up 12.24 percent. On Friday, the company announced that its investment in the St. Louis area has paid off with improved voice and data performance. This includes more than 99 percent of calls staying connected. From 2008 to 2011, AT&T invested more than $2.1 billion in St. Louis’ wireline and wireless networks to provide a positive Internet experience.
Since January 1, 2011, the company has also implemented more than 1,000 network upgrades in the area. In addition, it completed 150,000 network enhancements around the country last year–triple the amount from 2010–enabling customers to have increased capacity, faster speeds and better call retention, according to an AT&T (NYSE:T) press release.
With AT&T’s improved service, will its largest shareholders increase their holdings? 1222 institutional firms indicated owning shares of AT&T, Inc. (NYSE:T) in Q1 2012. These firms reported owning a total of 2.185 billion shares on 03/31/2012 . The shares closed at $30.79 on 03/31/2012, for an aggregate market value of $67.268 billion.
Here are the ten largest positions in AT&T, Inc. at the end of March 31st, 2012.
Vanguard Group Inc held 247,254,652 shares on 03/31/2012 worth $7,721,762,669.
State Street Corp held 239,511,543 shares on 03/31/2012 worth $7,479,945,378.
Blackrock Institutional Trust Company N.A. held 153,646,617 shares on 03/31/2012 worth $4,798,383,779.
Bank of New York Mellon Corp held 92,471,379 shares on 03/31/2012 worth $2,887,881,124.
Blackrock Fund Advisors held 53,129,088 shares on 03/31/2012 worth $1,659,221,394.
Blackrock Group Ltd held 49,253,529 shares on 03/31/2012 worth $1,538,187,688.
Geode Capital Management LLC held 40,993,369 shares on 03/31/2012 worth $1,280,222,895.
JPMorgan Chase & Co held 40,319,517 shares on 03/31/2012 worth $1,259,178,497.
Massachusetts Financial Services Co /Ma/ held 38,940,747 shares on 03/31/2012 worth $1,216,119,511.
FMR LLC held 34,158,841 shares on 03/31/2012 worth $1,066,780,589.
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