Highland Capital Management Has Trimmed American Tower (AMT) Position By $417,520; Government Properties Income Trust (GOV) Has 1.92 Sentiment

Highland Capital Management Llc decreased American Tower Corp (AMT) stake by 40.25% reported in 2017Q3 SEC filing. Highland Capital Management Llc sold 3,070 shares as American Tower Corp (AMT)’s stock rose 18.69%. The Highland Capital Management Llc holds 4,558 shares with $623,000 value, down from 7,628 last quarter. American Tower Corp now has $59.02 billion valuation. The stock increased 1.80% or $2.43 during the last trading session, reaching $137.62. About 3.28M shares traded or 50.69% up from the average. American Tower Corporation (NYSE:AMT) has risen 23.66% since January 21, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Government Properties Income Trust is an equity real estate investment trust externally managed by REIT Management & Research LLC. The company has market cap of $1.77 billion. The trust invests in the real estate markets of United States. It has a 33.28 P/E ratio. It engages in investment, operation and maintenance of real estate assets.

The stock increased 1.13% or $0.2 during the last trading session, reaching $17.84. About 405,519 shares traded. Government Properties Income Trust (GOV) has risen 16.67% since January 21, 2017 and is uptrending. It has underperformed by 0.03% the S&P500.

Forward Management Llc holds 2.51% of its portfolio in Government Properties Income Trust for 1.20 million shares. Huber Capital Management Llc owns 1.26 million shares or 1.3% of their US portfolio. Moreover, Diligent Investors Llc has 1.07% invested in the company for 78,337 shares. The Wisconsin-based Northern Capital Management Llc has invested 0.91% in the stock. Camelot Portfolios Llc, a Ohio-based fund reported 76,917 shares.

Analysts await Government Properties Income Trust (NASDAQ:GOV) to report earnings on February, 28. They expect $0.54 earnings per share, down 6.90% or $0.04 from last year’s $0.58 per share. GOV’s profit will be $53.55M for 8.26 P/E if the $0.54 EPS becomes a reality. After $0.42 actual earnings per share reported by Government Properties Income Trust for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Among 19 analysts covering American Tower Corporation (NYSE:AMT), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. American Tower Corporation had 68 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) rating on Friday, April 28. RBC Capital Markets has “Outperform” rating and $145 target. The rating was maintained by Macquarie Research with “Outperform” on Monday, November 9. Cowen & Co maintained the shares of AMT in report on Tuesday, July 18 with “Buy” rating. Stifel Nicolaus initiated the shares of AMT in report on Wednesday, August 26 with “Buy” rating. On Tuesday, August 8 the stock rating was maintained by Oppenheimer with “Buy”. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Monday, November 27 by KeyBanc Capital Markets. The company was maintained on Thursday, June 16 by Citigroup. The stock of American Tower Corporation (NYSE:REIT) earned “Hold” rating by Zacks on Wednesday, August 26. The firm has “Buy” rating by SunTrust given on Wednesday, December 6. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 2.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.04, from 1.16 in 2017Q2. It improved, 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. First Interstate Bank & Trust, Montana-based fund reported 2,154 shares. Investors reported 0.24% of its portfolio in American Tower Corporation (NYSE:REIT). Bridgewater Assoc LP holds 0.04% or 42,067 shares. Pnc Fin Group Inc holds 233,765 shares. 34,315 are held by Btc Capital. Lord Abbett Ltd Com has 94,465 shares. Cubist Systematic Strategies Ltd Com has 18,155 shares for 0.14% of their portfolio. 3,715 are owned by C M Bidwell Assoc Ltd. 4,675 are held by Security Trust Communication. Colony Group Incorporated Ltd Limited Liability Company holds 19,960 shares or 0.19% of its portfolio. Great West Life Assurance Can invested in 0.11% or 328,466 shares. Daiwa Secs Inc has invested 0.1% in American Tower Corporation (NYSE:REIT). Pax Ww Limited Liability accumulated 114,525 shares or 0.89% of the stock. Credit Agricole S A reported 0.21% in American Tower Corporation (NYSE:REIT). Wellington Mgmt Group Llp holds 0.7% or 22.32M shares.