Davis R M Boosted American Tower (AMT) Position, Shorts at Lindsay (LNN) Lowered By 8.15%

July 17, 2017 - By Winifred Garcia

Davis R M Inc increased American Tower Corp (AMT) stake by 2.44% reported in 2016Q4 SEC filing. Davis R M Inc acquired 8,536 shares as American Tower Corp (AMT)’s stock rose 18.69%. The Davis R M Inc holds 358,547 shares with $37.89M value, up from 350,011 last quarter. American Tower Corp now has $57.82B valuation. The stock increased 1.42% or $1.9 on July 14, reaching $136.04. About shares traded. American Tower Corp (NYSE:AMT) has risen 23.66% since July 17, 2016 and is uptrending. It has outperformed by 6.96% the S&P500.

Lindsay Corporation (NYSE:LNN) had a decrease of 8.15% in short interest. LNN’s SI was 1.92 million shares in July as released by FINRA. Its down 8.15% from 2.09M shares previously. With 80,500 avg volume, 24 days are for Lindsay Corporation (NYSE:LNN)’s short sellers to cover LNN’s short positions. The SI to Lindsay Corporation’s float is 18.51%. The stock increased 0.93% or $0.84 on July 14, reaching $90.9. About shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since July 17, 2016 and is uptrending. It has outperformed by 9.05% the S&P500.

Investors sentiment increased to 1.09 in 2016 Q4. Its up 0.10, from 0.99 in 2016Q3. It increased, as 58 investors sold AMT shares while 271 reduced holdings. 101 funds opened positions while 258 raised stakes. 385.64 million shares or 1.20% less from 390.31 million shares in 2016Q3 were reported. Deutsche National Bank Ag accumulated 5.85M shares. National Bank & Trust Of Montreal Can owns 470,999 shares. Bb&T holds 7,061 shares. Zimmer Ptnrs Lp has invested 1.08% of its portfolio in American Tower Corp (NYSE:AMT). Tributary Capital Management Ltd Liability Corporation stated it has 0.11% in American Tower Corp (NYSE:AMT). Lincoln Ltd Liability reported 0.21% of its portfolio in American Tower Corp (NYSE:AMT). Partnervest Advisory Serv Lc has invested 0.1% in American Tower Corp (NYSE:AMT). Citizens Northern has 1.04% invested in American Tower Corp (NYSE:AMT) for 13,027 shares. Gilder Gagnon Howe And Communication Lc reported 90,359 shares or 0.19% of all its holdings. Prudential has 628,488 shares. Pension Serv holds 304,212 shares or 0.22% of its portfolio. L & S Advisors stated it has 9,334 shares or 0.22% of all its holdings. Wellington Mngmt Grp Inc Inc Limited Liability Partnership stated it has 0.53% in American Tower Corp (NYSE:AMT). Liberty Mutual Asset Mgmt has invested 0.12% in American Tower Corp (NYSE:AMT). Gam Hldgs Ag stated it has 35,997 shares.

Among 14 analysts covering American Tower Corporation (NYSE:AMT), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. American Tower Corporation had 35 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, July 11 the stock rating was maintained by Citigroup with “Buy”. The company was downgraded on Tuesday, April 19 by Evercore. Macquarie Research initiated American Tower Corp (NYSE:AMT) on Tuesday, December 6 with “Outperform” rating. The stock of American Tower Corp (NYSE:AMT) earned “Buy” rating by Zacks on Monday, August 24. On Wednesday, August 12 the stock rating was upgraded by Zacks to “Hold”. RBC Capital Markets maintained it with “Outperform” rating and $145 target in Friday, April 28 report. The stock has “Outperform” rating by Raymond James on Monday, June 12. On Thursday, August 6 the stock rating was upgraded by Morgan Stanley to “Overweight”. As per Tuesday, July 4, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Wednesday, August 26 by Zacks.

Since February 7, 2017, it had 0 buys, and 11 sales for $37.26 million activity. TAICLET JAMES D JR also sold $8.00M worth of American Tower Corp (NYSE:AMT) on Tuesday, March 7. $1.79M worth of American Tower Corp (NYSE:AMT) was sold by DiSanto Edmund. Shares for $1.14M were sold by THOMPSON SAMME L on Thursday, March 2. On Friday, May 5 the insider SHARBUTT DAVID E sold $532,418. Another trade for 20,507 shares valued at $2.38 million was made by Lara Gustavo on Wednesday, March 15. $938,838 worth of American Tower Corp (NYSE:AMT) was sold by REED JOANN A. Shares for $10.95M were sold by HESS WILLIAM H.

Davis R M Inc decreased 3M Co (NYSE:MMM) stake by 3,973 shares to 177,133 valued at $31.63 million in 2016Q4. It also reduced C stake by 586 shares and now owns 16,484 shares. Express Scripts Holding Co (NASDAQ:ESRX) was reduced too.

Investors sentiment increased to 1.48 in 2016 Q4. Its up 0.51, from 0.97 in 2016Q3. It increased, as 10 investors sold Lindsay Corporation shares while 42 reduced holdings. 24 funds opened positions while 53 raised stakes. 10.83 million shares or 6.38% less from 11.57 million shares in 2016Q3 were reported. Pnc Fincl invested 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Comerica Bancorporation invested 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN). Vulcan Value Ptnrs Lc owns 581,585 shares or 0.39% of their US portfolio. Invesco Limited holds 174,206 shares. The Minnesota-based Us Financial Bank De has invested 0% in Lindsay Corporation (NYSE:LNN). 6 were reported by Tortoise Cap Ltd. Ameriprise has invested 0% in Lindsay Corporation (NYSE:LNN). Moreover, Prudential Fincl has 0% invested in Lindsay Corporation (NYSE:LNN) for 19,114 shares. The Maine-based Schroder Inv Mgmt Grp has invested 0.01% in Lindsay Corporation (NYSE:LNN). King Luther Cap Management holds 83,390 shares or 0.06% of its portfolio. Pacad Invest Limited reported 4,900 shares. Parametric Portfolio Associate Limited Liability Co has invested 0% in Lindsay Corporation (NYSE:LNN). Parallax Volatility Advisers Lp holds 0% or 1,513 shares in its portfolio. California Employees Retirement System invested in 0% or 27,800 shares. Cardinal Capital Mgmt, North Carolina-based fund reported 5,698 shares.

Lindsay Corporation, along with its subsidiaries, provides a range of water management and road infrastructure services and products. The company has market cap of $980.75 million. The Firm operates through two divisions: Irrigation Segment and Infrastructure Segment. It has a 39.36 P/E ratio. The Irrigation Segment includes the manufacture and marketing of center pivot, lateral move, and hose reel irrigation systems, which are used primarily in the agricultural industry.

Among 7 analysts covering Lindsay (NYSE:LNN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Lindsay had 12 analyst reports since August 31, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Underweight” rating in Thursday, December 24 report. The rating was upgraded by Stifel Nicolaus to “Hold” on Thursday, December 1. On Monday, August 31 the stock rating was downgraded by Zacks to “Buy”. The stock of Lindsay Corporation (NYSE:LNN) earned “Neutral” rating by PiperJaffray on Monday, November 28. Monness Crespi & Hardt maintained Lindsay Corporation (NYSE:LNN) on Monday, September 14 with “Sell” rating. The firm has “Sell” rating by Stifel Nicolaus given on Friday, October 14. The stock of Lindsay Corporation (NYSE:LNN) earned “Sell” rating by Stifel Nicolaus on Thursday, June 2. Piper Jaffray upgraded the shares of LNN in report on Monday, November 28 to “Neutral” rating. The firm has “Neutral” rating by Seaport Global given on Tuesday, May 24. Stifel Nicolaus maintained Lindsay Corporation (NYSE:LNN) on Friday, July 7 with “Hold” rating.

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