American Beacon Advisors Position in Netflix (NFLX) Trimmed as Stock Value Rose; American Tower (AMT) Shareholder Loring Wolcott & Coolidge Fiduciary Advisors Llp Upped Stake by $1.53 Million as Shares Rose

February 20, 2018 - By Maria Brooks

Loring Wolcott & Coolidge Fiduciary Advisors Llp increased its stake in American Tower Corp (AMT) by 0.83% based on its latest 2017Q3 regulatory filing with the SEC. Loring Wolcott & Coolidge Fiduciary Advisors Llp bought 11,271 shares as the company’s stock rose 18.69% with the market. The institutional investor held 1.37 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $187.22 million, up from 1.36 million at the end of the previous reported quarter. Loring Wolcott & Coolidge Fiduciary Advisors Llp who had been investing in American Tower Corp for a number of months, seems to be bullish on the $60.05 billion market cap company. The stock increased 2.79% or $3.8 during the last trading session, reaching $140.02. About 3.02 million shares traded or 22.10% up from the average. American Tower Corporation (NYSE:AMT) has risen 23.66% since February 20, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

American Beacon Advisors Inc decreased its stake in Netflix Inc (NFLX) by 8.7% based on its latest 2017Q3 regulatory filing with the SEC. American Beacon Advisors Inc sold 50 shares as the company’s stock rose 10.41% with the market. The institutional investor held 525 shares of the consumer services company at the end of 2017Q3, valued at $95.21M, down from 575 at the end of the previous reported quarter. American Beacon Advisors Inc who had been investing in Netflix Inc for a number of months, seems to be less bullish one the $120.86 billion market cap company. The stock decreased 0.62% or $1.75 during the last trading session, reaching $278.52. About 8.31 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 20, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Loring Wolcott & Coolidge Fiduciary Advisors Llp, which manages about $5.31B and $5.18 billion US Long portfolio, decreased its stake in Automatic Data Processing (NASDAQ:ADP) by 35,467 shares to 1.43M shares, valued at $155.83 million in 2017Q3, according to the filing. It also reduced its holding in Grainger (Ww) Inc (NYSE:GWW) by 2,639 shares in the quarter, leaving it with 1,050 shares, and cut its stake in United Natural Foods (NASDAQ:UNFI).

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. The stock of American Tower Corporation (NYSE:REIT) earned “Hold” rating by Evercore on Tuesday, April 19. Cowen & Co maintained the shares of AMT in report on Friday, July 28 with “Buy” rating. The firm earned “Buy” rating on Wednesday, August 17 by Argus Research. The firm has “Outperform” rating given on Monday, May 2 by RBC Capital Markets. As per Wednesday, December 20, the company rating was maintained by Oppenheimer. Stifel Nicolaus initiated American Tower Corporation (NYSE:REIT) on Wednesday, August 26 with “Buy” rating. The firm has “Hold” rating by Zacks given on Wednesday, August 26. KeyBanc Capital Markets maintained it with “Buy” rating and $156.0 target in Wednesday, November 1 report. Zacks upgraded it to “Hold” rating and $113 target in Wednesday, August 12 report. The firm has “Buy” rating by Macquarie Research given on Wednesday, November 1.

Since August 24, 2017, it had 0 insider purchases, and 7 insider sales for $18.32 million activity. $717,450 worth of American Tower Corporation (NYSE:REIT) shares were sold by REEVE PAMELA D A. The insider TAICLET JAMES D JR sold 34,000 shares worth $4.74M. THOMPSON SAMME L sold $715,800 worth of American Tower Corporation (NYSE:REIT) on Tuesday, January 2. 10,000 shares valued at $1.38M were sold by DiSanto Edmund on Friday, September 22.

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. Matarin Cap Mngmt Ltd Liability Co holds 27,720 shares or 0.32% of its portfolio. First Republic Inv Mgmt has invested 0.01% in American Tower Corporation (NYSE:REIT). Magnetar Limited Liability, a Illinois-based fund reported 4,498 shares. Moreover, Fiduciary Fincl Ser Of The Southwest Tx has 2.64% invested in American Tower Corporation (NYSE:REIT) for 64,655 shares. Tudor Invest Et Al has 35,430 shares for 0.12% of their portfolio. Stock Yards Commercial Bank & Tru owns 97,361 shares or 1.56% of their US portfolio. 1,873 were accumulated by Patten & Patten Tn. Moreover, Symphony Asset Ltd Liability Com has 0.28% invested in American Tower Corporation (NYSE:REIT) for 18,619 shares. Teacher Retirement Sys Of Texas owns 214,313 shares. Douglass Winthrop Advsr Limited Liability Company accumulated 2,395 shares. Pictet Asset Mngmt Limited has invested 0.09% in American Tower Corporation (NYSE:REIT). Tiedemann Wealth Mgmt Ltd Liability Corporation reported 10,272 shares. Oppenheimer And Com reported 71,491 shares. Resolution Limited has 4.39% invested in American Tower Corporation (NYSE:REIT) for 697,811 shares. Bp Public Limited Liability Com reported 88,000 shares.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 40 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Axiom Capital with “Sell” on Tuesday, October 18. The stock has “Overweight” rating by JP Morgan on Tuesday, April 19. Bernstein maintained the stock with “Buy” rating in Tuesday, January 23 report. The firm earned “Neutral” rating on Tuesday, October 18 by Mizuho. RBC Capital Markets maintained Netflix, Inc. (NASDAQ:NFLX) rating on Tuesday, October 18. RBC Capital Markets has “Outperform” rating and $150 target. The stock has “Buy” rating by Loop Capital on Wednesday, October 5. Mizuho upgraded Netflix, Inc. (NASDAQ:NFLX) rating on Tuesday, January 17. Mizuho has “Buy” rating and $152 target. The rating was maintained by Cantor Fitzgerald with “Buy” on Thursday, July 13. The firm has “Perform” rating given on Tuesday, July 19 by BMO Capital Markets. As per Monday, August 29, the company rating was initiated by Axiom Capital.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.10, from 1.22 in 2017Q2. It is negative, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. Virtus Inv Advisers Inc reported 16,048 shares or 0.31% of all its holdings. Moreover, Pictet Asset Management has 0.3% invested in Netflix, Inc. (NASDAQ:NFLX). Advisor Ptnrs Limited Co holds 0.32% or 8,938 shares. Cypress Capital Gru, Florida-based fund reported 1,596 shares. Alliancebernstein Limited Partnership has 0.11% invested in Netflix, Inc. (NASDAQ:NFLX). Main Street Research holds 1.36% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 46,573 shares. Agf Investments Inc reported 331,053 shares. Oak Assoc Ltd Oh reported 2,075 shares. Teachers Retirement Of The State Of Kentucky holds 93,131 shares. 159,627 are held by Logan Cap Mgmt Inc. Old Mutual Customised Solutions (Proprietary) owns 0.32% invested in Netflix, Inc. (NASDAQ:NFLX) for 13,114 shares. Atria Investments Ltd has 0.04% invested in Netflix, Inc. (NASDAQ:NFLX). Ahl Partners Ltd Liability Partnership stated it has 0.03% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Retirement System Of Alabama owns 209,466 shares or 0.2% of their US portfolio. Boothbay Fund Limited Liability has invested 0.72% in Netflix, Inc. (NASDAQ:NFLX).

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