Big Money Are Crazy About American Tower Corp (NYSE:AMT), Sentiment at 1.18

June 27, 2018 - By Daniel Cummings

American Tower Corporation (NYSE:REIT) Corporate Logo

“Big money” Positions

In Q1 2018 American Tower Corp (NYSE:AMT) big money sentiment decreased to 1.18, according to Securities and Exchange Commission filings. So its down -0.07, from 2017Q4’s 1.25. 402 funds increased and started new positions, while 340 sold and decreased stock positions in American Tower Corp so the sentiment has dropped. Funds own 389.87 million shares, up from 377.89 million shares in 2017Q4. Funds holding American Tower Corp in top 10 changed to 41 from 38 for an increase of 3. 49 Investors Sold All; 291 Reduced Holdings; 308 increased holdings while 94 funds bought holdings.

Most American Tower Corp Shareholders

Akre Capital Management Llc owns 7.06 million shares in American Tower Corp as of Q1 2018. American Tower Corp’s shareholder Broad Run Investment Management Llc owns 2.44 million shares as of Q1 2018. Furthermore, Avenir Corp reported 697,076 shares in American Tower Corp equivalent to 11.05% of its US long equity exposure. Bruni J V & Co Co revealed 296,539 shares position in American Tower Corp. The New York-based fund Manor Road Capital Partners Llc looks positive on American Tower Corp, having 275,000 shares.

American Tower Corporation is a real estate investment trust.The firm is worth $63.39 billion. It invests in the real estate markets across the globe.54.57 is the P/E ratio.

REIT reached $143.53 during the last trading session after $0.36 change.Currently American Tower Corporation is uptrending after 4.03% change in last June 27, 2017. REIT has 446,619 shares volume. REIT underperformed the S&P 500 by 8.54%.

American Tower Corporation (NYSE:REIT) Ratings Coverage

A total of 4 analysts rate American Tower Corp (NYSE:AMT) as follows: 4 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. The firm has $171.0 highest and $154 lowest target. The avg target $161.25 is 12.35% above the last ($143.53) price. (NYSE:AMT) has 6 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Tuesday, March 27 Citigroup maintained American Tower Corporation (NYSE:REIT) with “Buy” rating. On Friday, March 16 Morgan Stanley maintained American Tower Corporation (NYSE:REIT) rating. Morgan Stanley has “Overweight” rating and $157 target. In Thursday, May 31 report Morgan Stanley maintained it with “Overweight” rating and $154 target. On Monday, March 5 the company was maintained by Citigroup. On Tuesday, February 27 the stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given by KeyBanc Capital Markets.

American Tower Corporation (NYSE:REIT) Analyst Ratings Chart

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