The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. If the $154.34 price target is reached, the company will be worth $4.33B more. Company insiders own 0.86% of the company’s stock. Findlay Park Llp owns 1.18 million shares for 1.51% of their portfolio. Finally, Argus increased their price objective on American Tower Corporation (REIT) from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. It has outperformed by 6.96% the S&P500. Menta Capital Llc owns 201,824 shares or 0.18% of their United States portfolio. Two Sigma Secs Ltd Llc reported 6,383 shares. The Paradigm Financial Advisors Llc holds 47,798 shares with $5.05M value, down from 51,558 last quarter. The stock has “Overweight” rating by Morgan Stanley on Thursday, August 6. About 308 shares traded. American Tower Corp (NYSE:AMT) has risen 23.66% since August 28, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. 2,800 are held by Spirit Of America Management Corporation Ny. The company has market cap of $283.45 million. It has a 57.8 P/E ratio. ATC’s segments include USA property, Asia property, EMEA property, Latin America property, Services and Other. Zacks Investment Research lowered American Tower Corporation (REIT) from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Therefore 94% are positive. American Tower Corporation has a 12 month low of $99.72 and a 12 month high of $146.09. The shares were sold at an average price of $134.92, for a total transaction of $2,772,336.16. BidaskClub upgraded American Tower Corporation (REIT) from a “hold” rating to a “buy” rating in a research note on Saturday. The firm earned “Buy” rating on Friday, July 28 by RBC Capital Markets. Baxter Bros Inc. now owns 3,470 shares of the real estate investment trust’s stock valued at $459,000 after buying an additional 15 shares in the last quarter. Thirteen equities research analysts have rated the stock with a buy rating, American Tower Corporation (REIT) presently has an average rating of “Buy” and a consensus target price of $144.33. On Monday, November 9 the stock rating was maintained by Macquarie Research with “Outperform”. Argus Research maintained American Tower Corp (NYSE:AMT) rating on Wednesday, August 17. The firm has “Buy” rating given on Thursday, June 16 by Citigroup. Edgewood Management Llc who had been investing in American Tower Corp New for a number of months, seems to be less bullish one the $61.90 billion market cap company.
Since March 2, 2017, it had 0 insider buys, and 10 selling transactions for $33.13 million activity. On Wednesday, May 3 REED JOANN A sold $938,838 worth of American Tower Corp (NYSE:AMT) or 7,400 shares. Another trade for 15,000 shares valued at $1.81 million was sold by DiSanto Edmund. HESS WILLIAM H sold 90,489 shares worth $10.95M. $469,812 worth of American Tower Corp (NYSE:AMT) was sold by SHARBUTT DAVID E on Thursday, May 18. Mirviss Jeffrey B. had sold 25,000 shares worth $616,663.
In other news, EVP Amit Sharma sold 20,747 shares of the firm’s stock in a transaction on Friday, August 18th. The real estate investment trust reported $0.80 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.55 by $0.75. It increased, as 58 investors sold AMT shares while 271 reduced holdings. 101 funds opened positions while 258 raised stakes. The fund owned 18,602 shares of the real estate investment trust’s stock after buying an additional 1,104 shares during the period. Tributary Cap Mngmt Limited Liability Corp holds 0.11% of its portfolio in American Tower Corp (NYSE:AMT) for 8,600 shares.
Shares of American Tower Corporation (AMT) opened at 144.24 on Monday. Cetera Advisors Ltd Llc stated it has 0.02% of its portfolio in American Tower Corp (NYSE:AMT). Toronto Dominion Bancorp holds 78,204 shares. Citigroup Inc holds 0.06% or 601,471 shares in its portfolio. Geller Family Office Ser Ltd Limited Liability Company holds 2.76 million shares. Motley Fool Wealth Mngmt Limited Liability Company, Virginia-based fund reported 83,138 shares. Eulav Asset Management accumulated 115,900 shares or 0.66% of the stock. Regions Fincl owns 0.02% invested in American Tower Corp (NYSE:AMT) for 19,230 shares. Huntington Retail Bank stated it has 49,463 shares. Blair William & Communications Il holds 0.39% or 413,037 shares in its portfolio. Adell Harriman Carpenter stated it has 0% of its portfolio in American Tower Corp (NYSE:AMT).
Df Dent & Co Inc decreased American Tower Reit Inc (AMT) stake by 6.26% reported in 2016Q4 SEC filing. Guardian Life Insurance Co. of America now owns 1,650 shares of the real estate investment trust’s stock valued at $201,000 after buying an additional 19 shares in the last quarter. Sentry Invests, Ontario – Canada-based fund reported 200,243 shares. The project comprises approximately 20 exploration permits, covering an area of over 103,350 hectares; approximately four mining concession applications covering an area of over 2,360 ha; approximately 10 exploration applications for exploration in mineral rights covering an area of over 23,210 ha, and approximately eight exploration applications for exploration in mineral rights in public tender, covering an area of over 31,660 ha. Finally, Cowen and Company reiterated a “buy” rating and set a $155.00 target price on shares of American Tower Corporation (REIT) in a research note on Wednesday, July 19th. Therefore 55% are positive.
American Tower Corporation is a holding company. The stock of GameStop Corp. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Friday, September 30 by Guggenheim. Citigroup has “Buy” rating and $167 target. (NYSE:GME) has “Sell” rating given on Monday, March 28 by Benchmark. As per Friday, August 28, the company rating was downgraded by Benchmark. The stock has “Outperform” rating by RBC Capital Markets on Monday, May 2. The rating was initiated by Macquarie Research on Tuesday, December 6 with “Outperform”.
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