American Tower (AMT) Trades at $143.83 After Triangle; Ellington Management Group Lifted Its Altria Group (MO) Holding

Altria Group, Inc. (NYSE:MO) Logo

Ellington Management Group Llc increased Altria Group Inc (MO) stake by 69.51% reported in 2017Q4 SEC filing. Ellington Management Group Llc acquired 5,700 shares as Altria Group Inc (MO)’s stock declined 15.83%. The Ellington Management Group Llc holds 13,900 shares with $993,000 value, up from 8,200 last quarter. Altria Group Inc now has $115.00B valuation. The stock decreased 2.90% or $1.81 during the last trading session, reaching $60.51. About 7.74M shares traded. Altria Group, Inc. (NYSE:MO) has declined 17.05% since April 3, 2017 and is downtrending. It has underperformed by 28.60% the S&P500.

American Tower Corporation (AMT) formed triangle with $152.46 target or 6.00% above today’s $143.83 share price. American Tower Corporation (AMT) has $62.13 billion valuation. The stock decreased 1.04% or $1.51 during the last trading session, reaching $143.83. About 2.71M shares traded. American Tower Corporation (NYSE:REIT) has 0.00% since April 3, 2017 and is . It has underperformed by 11.55% the S&P500.

Investors sentiment increased to 0.93 in 2017 Q4. Its up 0.04, from 0.89 in 2017Q3. It improved, as 63 investors sold MO shares while 521 reduced holdings. 134 funds opened positions while 410 raised stakes. 1.16 billion shares or 1.13% less from 1.17 billion shares in 2017Q3 were reported. Teacher Retirement Systems Of Texas invested 0.48% of its portfolio in Altria Group, Inc. (NYSE:MO). Lehman Fin Res Inc has 3,375 shares. Tdam Usa holds 1.05% of its portfolio in Altria Group, Inc. (NYSE:MO) for 257,398 shares. Birinyi Associates has invested 0.7% in Altria Group, Inc. (NYSE:MO). Independent Invsts owns 12,700 shares for 0.35% of their portfolio. Suntrust Banks accumulated 1.21 million shares or 0.46% of the stock. Wagner Bowman Mgmt holds 36,060 shares or 0.69% of its portfolio. Accredited Invsts accumulated 7,684 shares. Seabridge Advsrs Ltd Company holds 0.01% or 700 shares in its portfolio. Fdx Advsr holds 0.61% or 312,037 shares in its portfolio. Nomura Asset Mngmt invested in 0.44% or 535,620 shares. Stadion Money Management Ltd Com stated it has 0.01% in Altria Group, Inc. (NYSE:MO). Covington Inv Advsr Incorporated holds 2.08% in Altria Group, Inc. (NYSE:MO) or 84,885 shares. Dock Street Asset Mgmt Inc invested in 0.12% or 4,317 shares. Howe & Rusling, New York-based fund reported 147,333 shares.

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Altria Group Inc. had 60 analyst reports since July 31, 2015 according to SRatingsIntel. Piper Jaffray maintained Altria Group, Inc. (NYSE:MO) on Thursday, July 27 with “Buy” rating. Cowen & Co maintained the shares of MO in report on Friday, September 8 with “Hold” rating. The firm earned “Buy” rating on Friday, August 11 by Wells Fargo. The firm earned “Buy” rating on Thursday, October 26 by Piper Jaffray. Cowen & Co downgraded the stock to “Market Perform” rating in Friday, October 30 report. The rating was maintained by Jefferies on Thursday, August 24 with “Hold”. Morgan Stanley reinitiated it with “Equal-Weight” rating and $65 target in Tuesday, November 29 report. RBC Capital Markets downgraded Altria Group, Inc. (NYSE:MO) on Tuesday, November 3 to “Sector Perform” rating. Barclays Capital maintained it with “Equal Weight” rating and $74 target in Thursday, March 30 report. On Monday, July 17 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Since February 7, 2018, it had 0 buys, and 4 insider sales for $1.82 million activity. Quigley Brian W. sold $216,154 worth of Altria Group, Inc. (NYSE:MO) on Friday, March 2. SURGNER W HILDEBRANDT JR sold $199,488 worth of stock or 3,200 shares. 14,953 shares valued at $995,734 were sold by Johnson Craig A. on Wednesday, February 7. Dillard James E III also sold $410,313 worth of Altria Group, Inc. (NYSE:MO) shares.

Ellington Management Group Llc decreased Wabco Hldgs Inc (NYSE:WBC) stake by 4,700 shares to 2,700 valued at $387,000 in 2017Q4. It also reduced Thor Inds Inc (NYSE:THO) stake by 17,400 shares and now owns 2,900 shares. Vmware Inc (NYSE:VMW) was reduced too.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.05, from 1.2 in 2017Q3. It increased, as 47 investors sold American Tower Corporation shares while 280 reduced holdings. 107 funds opened positions while 301 raised stakes. 377.89 million shares or 0.11% less from 378.31 million shares in 2017Q3 were reported. Wms Prtn Ltd Llc holds 127,089 shares. Toronto Dominion Comml Bank invested 0.08% of its portfolio in American Tower Corporation (NYSE:REIT). Braun Stacey Associates holds 0.71% or 74,030 shares. Advisory Services Ltd Limited Liability Company reported 8,626 shares or 0.11% of all its holdings. Homrich & Berg has 3,212 shares for 0.03% of their portfolio. Idaho-based Caprock Gru Inc has invested 0.06% in American Tower Corporation (NYSE:REIT). Essex Service Incorporated invested 0.15% in American Tower Corporation (NYSE:REIT). Wendell David stated it has 1.01% in American Tower Corporation (NYSE:REIT). Hennessy holds 0.04% or 8,360 shares in its portfolio. Missouri-based Amer Century has invested 0.46% in American Tower Corporation (NYSE:REIT). Hills Bancorp & Tru holds 0.42% of its portfolio in American Tower Corporation (NYSE:REIT) for 10,041 shares. Moreover, Finemark Commercial Bank & Tru has 0.04% invested in American Tower Corporation (NYSE:REIT) for 3,892 shares. Retirement Of Alabama holds 428,029 shares or 0.3% of its portfolio. Wealthtrust, Alabama-based fund reported 430 shares. 64,000 were accumulated by Motley Fool Asset Ltd Liability Co.

Among 5 analysts covering Dow Jones Equity All REIT Total Return Index REIT (NYSE:REIT), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Dow Jones Equity All REIT Total Return Index REIT has $145 highest and $132 lowest target. $141’s average target is -1.97% below currents $143.83 stock price. Dow Jones Equity All REIT Total Return Index REIT had 5 analyst reports since March 23, 2017 according to SRatingsIntel. Guggenheim upgraded the stock to “Buy” rating in Wednesday, April 12 report.

Since October 16, 2017, it had 0 insider purchases, and 7 insider sales for $15.37 million activity. Another trade for 34,667 shares valued at $4.94M was made by TAICLET JAMES D JR on Monday, December 11. $124,071 worth of American Tower Corporation (NYSE:REIT) shares were sold by REED JOANN A. The insider THOMPSON SAMME L sold 3,500 shares worth $512,246. SHARBUTT DAVID E sold $228,793 worth of stock. HESS WILLIAM H sold $4.11 million worth of American Tower Corporation (NYSE:REIT) on Saturday, March 10.

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