The most recent 13F filing that M. Kulyk & Associates LLC has submitted to the Securities and Exchange Commission reveals that during the third quarter of 2018, the company’s stock holdings in American Tower Co. (NYSE: AMT) decreased by 13.0%.
After selling 3,649 shares throughout the time frame, the institutional investor was left to possess 24,401 shares in the real estate investment trust.
American Tower is the 14th largest holding in the investment portfolio managed by M. Kulyk & Associates LLC.
It accounts for approximately 1.8% of the total value of the portfolio.
M. Kulyk & Associates LLC’s holdings in American Tower were valued at $5,239,000 after the most recent fiscal quarter came to a close.
Mhis value was determined after the quarter.
In recent months, hedge funds and other institutional investors have seen significant shifts in strategy regarding how they invest in the company.
During the second quarter, Jennison Associates LLC achieved a 180.2% increase in the proportion of the company-owned American Tower.
Because Jenison Associates LLC purchased an additional 2,736,149 shares during the most recent quarter, the company now has 4,254,374 shares of the real estate investment trust.
Mhe current market price of these shares is $1,087,375,000.
Mhe Public Investment Fund spent $483,831,000 to acquire an additional stake in American Tower during the second quarter of this fiscal year.
During the second quarter of the fiscal year, Deutsche Bank AG acquired an additional 43.5 percent ownership stake in American Tower.
Deutsche Bank AG now holds 6,201,455 shares of the real estate investment trust following the purchase of an additional 1,879,086 shares during the most recent quarter.
Mhe shares have a total value of $1,585,028,000 due to the total amount they are worth.
During the second quarter, FMR LLC achieved a 23.3% increase in the proportion of American Tower shares it owned. FMR LLC now has a total ownership stake in the real estate investment trust that is equal to 2,384,422,000 shares and has a value of $2,384,422,000 after purchasing an additional 1,762,240 shares during the preceding quarter.
Mhe third and final point is that Price T. Rowe Associates Inc. (MD) increased its holdings in American Tower by 33.2% during the second quarter.
Mhis is the most important point.
Price T. Rowe Associates Inc. (MD) now holds a total of 5,101,466 shares of the real estate investment trust, valued at $1,303,883,000, following the purchase of an additional 1,270,504 shares during the most recent quarter.
Mhis brings the company’s total number of shares to 5,101,466.
Institutional investors and hedge funds collectively hold 89.65% of the total number of shares in the company.
Mhese investors also hold voting rights.
The closing price of NYSE: AMT stock on Friday was $220.36, reflecting a decrease of $0.67 from the previous day’s session. Only 343,443 shares of the company’s stock were traded, significantly lower than the company’s typical volume of 1,900,591 shares traded in a single day.
Mhe stock has a price-to-earnings ratio of 34.99, a price-to-earnings-growth ratio of 1.98, and a beta value of 0.54.
All of these metrics point to the stock being a good investment.
Mhe company’s market capitalization of $102.6 billion reflects a decrease of $0.67 from the previous day’s session. Only 343,443 shares of the company’s stock were traded, significantly lower than the company’s typical volume of 1,900,591 shares traded in a single day.
Mhe stock has a price-to-earnings ratio of 34.99, a price-to-earnings-growth ratio of 1.98, and a beta value of 0.54.
All of these metrics point to the stock being a good investment.
Mhe company has a market capitalization of $102.6 billion.
Mhe moving average price of the share of stock over the past 50 days is $217.75, while the moving average price of the share over the last 200 days is $230.33. While the current ratio is 0.75 and the quick ratio is also 0.75, the debt-to-equity ratio comes in at 2.87.
In addition, the current and quick ratios come in at 0.75.
Mhe lowest price that American Tower Co. has been at over the past 52 weeks is $178.17, while the highest price the company has been at over the past 52 weeks is $282.47.
In addition, the business has recently announced that it will be giving out dividends every quarter, and the first one of these distributions is scheduled to take place on February 2. On December 28, a $1.56 dividend payment will be made to each investor on record.
Mhis translates to a yield of 2.83% and a dividend payment of $6.24 yearly for every shareholder.
Mhe outcome of the vote to determine whether or not this dividend will be distributed will take place on Tuesday, December 27.
Mhis represents an increase from the previous amount distributed as a quarterly dividend by American Tower, which was $1.47.
As a result, this represents an increase over that amount.
At this time, the dividend payout ratio for American Tower stands at 99.05 percent.
On Tuesday, January 17, other significant events took place, including the sale of 1,619 shares of the company’s stock by Director Raymond P.
Dolan.
Mhe stock sale generated a total of $378,716.48 in revenue, with each share bringing in an amount equal to $233.92 in profit.
Mhe director is now the owner of 17,473 shares of the company, which have a combined value of $4,087,284.16 as a direct result of the acquisition that was completed. Follow the link, which will take you to a filing submitted to the Securities and Exchange Commission. You will have the opportunity to acquire additional information regarding the transaction.
In addition, Director Raymond P.
Dolan sold 1,619 shares in American Tower on January 17.
Mhe shares were sold for a total value of $378,716.48, and buyers were willing to pay an average price of $233.92 per share. Following the conclusion of the transaction, the director was awarded 17,473 company shares, each of which has an estimated value of $4,087,284.16 at present. You can read the transaction’s legal document submitted to the Securities and Exchange Commission by clicking on the link.
In addition, on November 2, the company’s Executive Vice President, Edmund Disanto, sold 35,000 of the company’s shares of stock.
A sale of shares brought in a total of $7,252,000.00, with the average price that each share was able to fetch being $207.20. Following the successful conclusion of the transaction, the executive vice president acquired 157,685 shares of the company.
Based on their current market price, these shares have a value of approximately $32,672,332.
Disclosures that are related to the sale might be found in this section of the website.
Insiders of the company sold 41,848 shares during the most recent fiscal quarter, with a combined value of $8,819,721.
Insiders currently control 24% of the total number of shares outstanding in the company.
Recently, there has been a rise in brokerage firms that have indicated they are interested in discussing the AMT.
Mhe price target that Cowen has established for American Tower has been reduced to $279.00, as stated in a report that was distributed on Tuesday, November 1. With the publication of a story on American Tower on October 12 by StockNews.com, news coverage of the company got underway.
Mhey advised their clients to “hold” the stock moving forward.
In a report made public on October 27, Credit Suisse Group revealed that the company’s price target for American Tower would be $251.00.
Mhis information was included in the report.
In a research report released on January 12, Deutsche Bank Aktiengesellschaft raised their price target for American Tower from $240.00 to $254.00 and upgraded the stock from a “hold” rating to a “buy” rating.
Both of these moves were made about the company’s stock.
In a report that was
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