American Tower Corporation (AMT)
207.92 USD -12.05 (-5.48%) Volume: 4.16M
“American Tower Corporation’s stock price stands at 207.92 USD, experiencing a drop of -5.48% in today’s trading session with a trading volume of 4.16M. Despite the dip, AMT’s stock price has seen an impressive YTD increase of +13.36%, reflecting its robust market performance.”
Latest developments on American Tower Corporation
American Tower stock price movements today are influenced by various events in the financial market. Georgetown University has increased its position in American Tower Co. indicating a bullish sentiment, while Ethic Inc. and Guardian Wealth Advisors LLC NC have also acquired shares. On the other hand, Ensign Peak Advisors Inc. sold a significant number of shares, suggesting a bearish outlook. Fairview Capital Investment Management LLC and First Manhattan CO. LLC. have increased their stock holdings, while Deutsche Bank AG sold shares. Chapman Financial Group LLC and Bridgefront Capital LLC have made significant investments in American Tower Co. highlighting continued interest in the company. Mercer Global Advisors Inc. ADV also lifted its stock holdings, indicating confidence in the company’s future performance.
A look at American Tower Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, American Tower Corp. shows a promising long-term outlook. With high scores in Momentum, Growth, and Resilience, the company is positioned well for future success. Its strong momentum indicates positive investor sentiment, while its growth and resilience scores suggest a stable and growing business model.
American Tower Corp. is a real estate investment trust that specializes in owning and operating wireless communications and broadcast towers in the United States. With a focus on leasing antennae sites on multi-tenant towers to a variety of wireless communications industries, including personal communications services and cellular, the company’s overall outlook appears positive based on its Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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