American Tower New (AMT) Stock Value Rose While Ems Capital LP Decreased Stake by $603,160; As Plains All Amern Pipeline L (PAA) Share Price Declined, Glg Partners LP Cut Its Stake

January 14, 2018 - By Vivian Currie

Noam Gottesman decreased its stake in Plains All Amern Pipeline L (PAA) by 43.9% based on its latest 2017Q3 regulatory filing with the SEC. Glg Partners Lp sold 94,332 shares as the company’s stock declined 10.37% while stock markets rallied. The hedge fund run by Noam Gottesman held 120,548 shares of the energy company at the end of 2017Q3, valued at $2.55 million, down from 214,880 at the end of the previous reported quarter. Glg Partners Lp who had been investing in Plains All Amern Pipeline L for a number of months, seems to be less bullish one the $17.38B market cap company. The stock increased 1.61% or $0.38 during the last trading session, reaching $23.96. About 5.12M shares traded or 48.53% up from the average. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since January 14, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Edmond M. Safra decreased its stake in American Tower Corp New (AMT) by 35.38% based on its latest 2017Q3 regulatory filing with the SEC. Ems Capital Lp sold 4,435 shares as the company’s stock rose 18.69% with the market. The hedge fund run by Edmond M. Safra held 8,100 shares of the real estate investment trusts company at the end of 2017Q3, valued at $1.11M, down from 12,535 at the end of the previous reported quarter. Ems Capital Lp who had been investing in American Tower Corp New for a number of months, seems to be less bullish one the $57.04 billion 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.

Since August 18, 2017, it had 0 insider purchases, and 9 sales for $21.94 million activity. Sharma Amit also sold $2.90M worth of American Tower Corporation (NYSE:REIT) on Friday, August 18. Shares for $4.94 million were sold by TAICLET JAMES D JR. Shares for $717,450 were sold by REEVE PAMELA D A. $1.38 million worth of American Tower Corporation (NYSE:REIT) was sold by DiSanto Edmund on Friday, September 22. The insider THOMPSON SAMME L sold 5,000 shares worth $715,800.

Ems Capital Lp, which manages about $1.78 billion and $1.20B US Long portfolio, upped its stake in Electronic Arts Inc (NASDAQ:EA) by 120,000 shares to 300,000 shares, valued at $35.42 million in 2017Q3, according to the filing.

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. First Citizens National Bank holds 0.08% or 4,509 shares in its portfolio. Hartford Inv Communications holds 0.25% or 98,383 shares. Advantus Capital Management reported 43,584 shares or 0.15% of all its holdings. Moreover, Sg Americas Ltd has 0.32% invested in American Tower Corporation (NYSE:REIT). Goldman Sachs has 0.27% invested in American Tower Corporation (NYSE:REIT) for 8.21M shares. Usa Financial Portformulas Corp owns 24,415 shares or 0.79% of their US portfolio. Hemenway Com accumulated 3,351 shares or 0.1% of the stock. 167,504 are held by Northeast Investment Management. Manning Napier Advisors Ltd Liability Corporation has invested 0.38% of its portfolio in American Tower Corporation (NYSE:REIT). East Coast Asset Mgmt Ltd Liability Corp stated it has 0.53% in American Tower Corporation (NYSE:REIT). 1.26 million were reported by Amp Capital Invsts Ltd. Washington Trust Fincl Bank holds 0.48% or 22,288 shares. Asset Mgmt Inc holds 0.23% in American Tower Corporation (NYSE:REIT) or 99,419 shares. 17,239 were reported by Commerce Fincl Bank. Bb&T reported 37,161 shares.

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. RBC Capital Markets maintained it with “Outperform” rating and $122 target in Thursday, July 30 report. The stock of American Tower Corporation (NYSE:REIT) earned “Buy” rating by Argus Research on Thursday, August 3. Cowen & Co maintained American Tower Corporation (NYSE:REIT) rating on Thursday, September 21. Cowen & Co has “Buy” rating and $161.0 target. The firm earned “Buy” rating on Thursday, August 31 by RBC Capital Markets. The firm has “Buy” rating by Guggenheim given on Tuesday, April 11. The firm has “Buy” rating by Jefferies given on Monday, October 16. SunTrust initiated it with “Buy” rating and $128 target in Tuesday, September 13 report. Citigroup maintained the stock with “Buy” rating in Monday, July 11 report. The firm has “Overweight” rating given on Thursday, August 6 by Morgan Stanley. Oppenheimer maintained the shares of AMT in report on Thursday, July 27 with “Buy” rating.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 11 have Buy rating, 1 Sell and 18 Hold. Therefore 37% are positive. Plains All American Pipeline LP had 97 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, January 30 by Mizuho. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. The company was maintained on Monday, August 28 by Stifel Nicolaus. The stock has “Equal Weight” rating by Barclays Capital on Thursday, March 30. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, January 13 report. On Tuesday, August 8 the stock rating was downgraded by Scotia Capital to “Hold”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, February 11. JP Morgan upgraded the shares of PAA in report on Friday, December 9 to “Overweight” rating. Raymond James upgraded the shares of PAA in report on Monday, May 22 to “Outperform” rating. The firm earned “Hold” rating on Wednesday, August 31 by Wunderlich.

Glg Partners Lp, which manages about $27.28B and $1.89 billion US Long portfolio, upped its stake in Farmland Partners Inc (NYSE:FPI) by 156,907 shares to 416,660 shares, valued at $3.77 million in 2017Q3, according to the filing. It also increased its holding in Criteo S A (NASDAQ:CRTO) by 253,411 shares in the quarter, for a total of 1.09 million shares, and has risen its stake in Nxp Semiconductors N V (NASDAQ:NXPI).

Analysts await Plains All American Pipeline, L.P. (NYSE:PAA) to report earnings on February, 6. They expect $0.43 earnings per share, up 207.14% or $0.29 from last year’s $0.14 per share. PAA’s profit will be $311.84M for 13.93 P/E if the $0.43 EPS becomes a reality. After $0.21 actual earnings per share reported by Plains All American Pipeline, L.P. for the previous quarter, Wall Street now forecasts 104.76% EPS growth.

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