American Tower (AMT) Earning Somewhat Favorable Media Coverage, Study Shows

Joanna Estrada
April 21, 2018

American Tower Corp New now has $60.49B valuation. The stock decreased 1.71% or $2.39 during the last trading session, reaching $137.42.

The company during the last trade was able to reach a volume of 1.77 million shares.

American Tower Corp (NYSE:AMT) last issued its quarterly earnings results on Thursday, April 27th. It has outperformed by 8.82% the S&P500. Last quarter $1.59 earnings per share was reported.

Himax Technologies, Inc. (NASDAQ:HIMX) closed at $7.27 by scoring 1.25%. Its shares finally traded at $4.99 a share. It has underperformed by 28.31% the S&P500. Retirement Of Alabama invested in 0.3% or 428,029 shares. Its up 2.80, from 0.2 in 2017Q3. 44 funds opened positions while 65 raised stakes. American Century Companies Inc. now owns 3,248,232 shares of the real estate investment trust's stock worth $463,425,000 after purchasing an additional 46,708 shares during the period. Deutsche Natl Bank Ag owns 0.01% invested in Brinker International, Inc. (NYSE:P) for 18,043 shares. Perhaps, that suggests something about why 0.60% of the outstanding share supply is held by institutional investors.

Bb&T Secs Ltd Limited Liability Company owns 23,446 shs. Butensky Cohen Fincl Security Incorporated stated it has 1.58% in Dover Corporation (NYSE:DOV). Glg Ltd Liability holds 14,606 shares. That value represents a market adjusting for revenues that have been growing by 10.71 % on a quarterly year/year basis as of the company's last quarterly report. First Long Island Investors Lc holds 68,736 shares. Fmr Lc has 474,632 shares. Meiji Yasuda Life owns 3,420 shares. Cibc Ww holds 0% or 6,727 shares in its portfolio. Capital Ww Investors invested in 0.31% or 10.15 million shares. Mcdonalds Corp (NYSE:MCD) was raised too.

Some buy side analysts are also providing their Analysis on American Tower Corporation, where 5 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it's a HOLD, and 0 analysts rated the stock as Sell. Therefore 62% are positive. Dover had 98 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Green Bancorp, Inc. The firm has "Market Perform" rating given on Monday, January 9 by Wells Fargo. The stock of Brinker International, Inc. The stock has "Outperform" rating by RBC Capital Markets on Thursday, July 30. (NYSE:P) was sold by GERBITZ DAVID on Friday, February 16. UBS has "Buy" rating and $163.0 target. The rating was maintained by KeyBanc Capital Markets on Wednesday, November 1 with "Buy". The company was maintained on Thursday, July 27 by Oppenheimer. Finally, Morgan Stanley reduced their target price on American Tower from $161.00 to $157.00 and set an "overweight" rating on the stock in a research report on Friday, March 16th. Cowen & Co has "Buy" rating and $161.0 target. American Tower presently has an average rating of "Buy" and a consensus target price of $160.38.

Since December 11, 2017, it had 3 buys, and 0 sales for $196,513 activity. Shares for $28,286 were sold by Ware Michaela M.

Big Money Sentiment increased to 1.25 in Q4 2017. Goldman Sachs set a $170.00 price objective on shares of IBM and gave the company a "neutral" rating in a research report on Friday, January 19th. Janus Henderson Group PLC increased its holdings in shares of American Tower by 5.4% during the 3rd quarter. 301 rose holdings while 107 funds took holdings. The stock had a trading volume of 1,773,365 shares, compared to its average volume of 2,772,809. Its down 0.28, from 1.09 in 2017Q3. Broad Run Investment Management Ltd Liability owns 2.42M shares or 11.14% of their USA portfolio. 7,176 are owned by Lincoln. Fil Ltd has 0.19% invested in American Tower Corporation (NYSE:REIT). Salem Counselors owns 200 shares for 0% of their portfolio. Rafferty Asset Mgmt, New York-based fund reported 92,348 shares. Apg Asset Nv reported 173,387 shares. American Tower earned a media sentiment score of 0.18 on Accern's scale. Perigon Wealth Mngmt Ltd Liability Corp reported 221 shares or 0.01% of all its holdings. Fifth Third Bancshares invested 0.11% in American Tower Corporation (NYSE:REIT). Hudson Valley Inv Advsr Adv has 0.65% invested in American Tower Corporation (NYSE:REIT). Ellington Mgmt Grp Limited stated it has 4,300 shares. The shares were sold at an average price of $154.66, for a total transaction of $2,010,580.00.

Hermes Investment Management Ltd decreased Sei Investments Co (NASDAQ:SEIC) stake by 36,226 shares to 541,145 valued at $38.89M in 2017Q4. It also reduced Allergan Plc stake by 4,660 shares and now owns 42,952 shares. During the same quarter in the previous year, the company earned $1.52 earnings per share. equities analysts forecast that American Tower Co. will post 7.09 earnings per share for the current fiscal year. Therefore 33% are positive.

American Tower Corporation (AMT) is expected to post revenue of $1.78 Billion in the current quarter, according to consensus of 17 analysts. The company was downgraded on Monday, June 12 by Raymond James. On Tuesday, March 27 the stock of American Tower Corporation (NYSE:REIT) earned "Buy" rating by Citigroup. Quantitative Systematic Strategies Limited Co has 0.67% invested in American Tower Corporation (NYSE:REIT). Morgan Stanley upgraded American Tower Corporation (NYSE:REIT) on Thursday, August 6 to "Overweight" rating. The stock has "Hold" rating by Zacks on Wednesday, August 12. The rating was initiated by Macquarie Research with "Outperform" on Tuesday, December 6.

Since December 11, 2017, it had 0 insider purchases, and 6 selling transactions for $10.63 million activity. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) on Wednesday, November 29 with "Buy" rating. Sharma Amit sold $4.57M worth of stock.

In other news, EVP William H. Hess sold 28,291 shares of the stock in a transaction dated Monday, March 12th.

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