Quintet Private Bank Europe S.A. Sells 68,074 Shares of AT&T Inc. $T

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Quintet Private Bank Europe S.A. reduced its stake in AT&T Inc. by 7.3% during the fourth quarter, selling 68,074 shares and now owning 864,622 shares valued at $21.48 million. Despite this, AT&T remains a favored pick for income investors due to its high-yield dividend, with several positive analyst ratings and a consensus “Moderate Buy” rating. The company recently announced a quarterly dividend of $0.2775 per share and reported Q4 earnings that beat estimates.

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