As American Tower New (AMT) Stock Price Rose, Holder Broad Run Investment Management Has Lowered Its Position by $1.48 Million; As Alibaba Group Hldg LTD (BABA) Stock Rose, Holder California Public Employees Retirement System Has Lowered Its Stake by $38.49 Million

January 14, 2018 - By wolcottdaily

Broad Run Investment Management Llc decreased its stake in American Tower Corp New (AMT) by 0.45% based on its latest 2017Q3 regulatory filing with the SEC. Broad Run Investment Management Llc sold 10,880 shares as the company’s stock rose 18.69% with the market. The institutional investor held 2.42 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $331.09 million, down from 2.43M at the end of the previous reported quarter. Broad Run Investment Management Llc who had been investing in American Tower Corp New for a number of months, seems to be less bullish one the $57.04B market cap company. The stock decreased 1.46% or $1.97 during the last trading session, reaching $133. About 3.20 million shares traded or 52.83% up from the average. American Tower Corporation (NYSE:AMT) has risen 23.66% since January 14, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

California Public Employees Retirement System decreased its stake in Alibaba Group Hldg Ltd (BABA) by 10.01% based on its latest 2017Q3 regulatory filing with the SEC. California Public Employees Retirement System sold 223,805 shares as the company’s stock rose 22.58% with the market. The institutional investor held 2.01M shares of the business services company at the end of 2017Q3, valued at $347.52 million, down from 2.24M at the end of the previous reported quarter. California Public Employees Retirement System who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $481.84 billion market cap company. The stock decreased 0.51% or $0.96 during the last trading session, reaching $187.79. About 11.79M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since January 14, 2017 and is uptrending. It has outperformed by 40.63% the S&P500.

Since August 18, 2017, it had 0 insider purchases, and 9 selling transactions for $21.94 million activity. Sharma Amit sold $2.90 million worth of stock or 20,747 shares. 10,000 shares valued at $1.36M were sold by DiSanto Edmund on Friday, September 29. $715,800 worth of American Tower Corporation (NYSE:REIT) shares were sold by THOMPSON SAMME L. $228,793 worth of American Tower Corporation (NYSE:REIT) was sold by SHARBUTT DAVID E on Wednesday, December 13. $717,450 worth of American Tower Corporation (NYSE:REIT) shares were sold by REEVE PAMELA D A.

Among 18 analysts covering American Tower Corporation (NYSE:AMT), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. American Tower Corporation had 67 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Monday, May 2. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Wednesday, December 6 by SunTrust. The firm has “Buy” rating by Guggenheim given on Tuesday, April 11. The stock of American Tower Corporation (NYSE:REIT) earned “Buy” rating by RBC Capital Markets on Thursday, August 31. On Thursday, June 16 the stock rating was maintained by Citigroup with “Buy”. The stock has “Hold” rating by Zacks on Wednesday, August 26. The company was maintained on Thursday, August 3 by Argus Research. The firm earned “Buy” rating on Monday, August 24 by Zacks. KeyBanc Capital Markets maintained the shares of AMT in report on Monday, November 27 with “Buy” rating. The rating was initiated by Stifel Nicolaus with “Buy” on Wednesday, August 26.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.04, from 1.16 in 2017Q2. It is positive, as 36 investors sold AMT shares while 287 reduced holdings. 102 funds opened positions while 287 raised stakes. 378.31 million shares or 1.55% less from 384.25 million shares in 2017Q2 were reported. Ithaka Group Limited Liability reported 3,200 shares stake. Oppenheimer Asset Mgmt Inc owns 30,763 shares. Swiss Bankshares holds 1.57M shares. Bokf Na reported 13,919 shares. Parsons Capital Management Ri invested in 1.03% or 63,827 shares. Essex Inc holds 0.15% in American Tower Corporation (NYSE:REIT) or 4,563 shares. Sfmg Ltd has invested 0.54% of its portfolio in American Tower Corporation (NYSE:REIT). Hanson Doremus Inv Mngmt stated it has 104 shares or 0% of all its holdings. Daiwa Grp Inc Inc has invested 0.1% of its portfolio in American Tower Corporation (NYSE:REIT). Credit Suisse Ag stated it has 793,580 shares. The Tennessee-based Argent Tru has invested 0.27% in American Tower Corporation (NYSE:REIT). Monetary Mngmt Gp has invested 0.04% in American Tower Corporation (NYSE:REIT). Fdx Advsrs Inc holds 0.07% of its portfolio in American Tower Corporation (NYSE:REIT) for 17,718 shares. Retail Bank Of Montreal Can invested in 577,377 shares or 0.07% of the stock. Boston Family Office Limited Liability Corp holds 1.92% in American Tower Corporation (NYSE:REIT) or 123,717 shares.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on January, 23. They expect $1.45 EPS, up 33.03% or $0.36 from last year’s $1.09 per share. BABA’s profit will be $3.72B for 32.38 P/E if the $1.45 EPS becomes a reality. After $1.02 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts

Twitter Auto Publish Powered By : XYZScripts.com