9.37% to Target, Argus Maintains “Buy” Rating for American Tower (AMT) Stock; Numerex Corp. (NMRX) Covered By 1 Bullish Analysts Last Week

August 4, 2017 - By Vivian Park

Among 4 analysts covering Numerex Corp (NASDAQ:NMRX), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Numerex Corp had 9 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, May 10 by Canaccord Genuity. On Thursday, November 5 the stock rating was downgraded by Sidoti to “Neutral”. The stock has “Hold” rating by Zacks on Friday, August 7. As per Tuesday, March 15, the company rating was maintained by Canaccord Genuity. The stock has “Hold” rating by Canaccord Genuity on Thursday, August 3. The stock of Numerex Corp. (NASDAQ:NMRX) earned “Buy” rating by B. Riley & Co on Friday, April 15. The firm has “Equal-Weight” rating by First Analysis given on Thursday, January 12. The stock of Numerex Corp. (NASDAQ:NMRX) has “Equal-Weight” rating given on Friday, March 17 by First Analysis. See Numerex Corp. (NASDAQ:NMRX) latest ratings:

03/08/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $5 New Target: $5.5 Maintain
17/03/2017 Broker: First Analysis Old Rating: Underweight New Rating: Equal-Weight Old Target: $5.50 New Target: $5.00 Upgrade

Among 16 analysts covering American Tower Corporation (NYSE:AMT), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. American Tower Corporation has $16100 highest and $100 lowest target. $133.81’s average target is -2.44% below currents $137.15 stock price. American Tower Corporation had 41 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of American Tower Corp (NYSE:AMT) has “Outperform” rating given on Monday, May 2 by RBC Capital Markets. On Wednesday, August 26 the stock rating was initiated by Stifel Nicolaus with “Buy”. On Monday, October 31 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Tuesday, July 18 by Cowen & Co. The firm earned “Buy” rating on Friday, July 28 by Macquarie Research. The firm has “Outperform” rating given on Monday, November 9 by Macquarie Research. The rating was initiated by Macquarie Research on Tuesday, December 6 with “Outperform”. RBC Capital Markets maintained it with “Outperform” rating and $145 target in Friday, April 28 report. The stock has “Overweight” rating by Morgan Stanley on Thursday, August 6. The stock of American Tower Corp (NYSE:AMT) earned “Buy” rating by Jefferies on Monday, July 3.

Investors sentiment decreased to 1.92 in 2016 Q4. Its down 2.88, from 4.8 in 2016Q3. It dropped, as 1 investors sold Numerex Corp. shares while 11 reduced holdings. 6 funds opened positions while 17 raised stakes. 3.41 million shares or 46.01% less from 6.33 million shares in 2016Q3 were reported. Vanguard Gp Inc invested in 368,873 shares. Deutsche Comml Bank Ag has invested 0% of its portfolio in Numerex Corp. (NASDAQ:NMRX). Tiaa Cref Inv Mgmt Lc holds 0% or 42,091 shares. Tower Research Capital Ltd Liability Co (Trc) has 0% invested in Numerex Corp. (NASDAQ:NMRX) for 1,852 shares. Renaissance Tech Limited Liability reported 259,800 shares. Savings Bank Of Mellon Corporation has 42,451 shares for 0% of their portfolio. Blackrock Invest Mgmt Limited Liability Corporation invested in 52,174 shares or 0% of the stock. Sphinx Trading L P owns 200 shares for 0% of their portfolio. Manufacturers Life Com The has invested 0% in Numerex Corp. (NASDAQ:NMRX). Schwab Charles Investment Mgmt Incorporated invested in 21,400 shares. Prelude Cap Mngmt reported 10,319 shares. Kansas-based Creative Planning has invested 0% in Numerex Corp. (NASDAQ:NMRX). Royal Bank & Trust Of Canada reported 2,823 shares or 0% of all its holdings. Blackrock has 1,719 shares. The Illinois-based Westwood Corp Il has invested 0.3% in Numerex Corp. (NASDAQ:NMRX).

The stock decreased 13.82% or $0.68 during the last trading session, reaching $4.24. About shares traded. Numerex Corp. (NASDAQ:NMRX) has declined 44.90% since August 4, 2016 and is downtrending. It has underperformed by 61.60% the S&P500.

Numerex Corp. is a holding company. The Company, through its subsidiaries, provides managed enterprise solutions, which enable the Internet of Things . The company has market cap of $82.84 million. The Firm offers solutions to incorporate the IoT building blocks, such as device, network, application and platform. It currently has negative earnings. The Company’s technology encompasses a range of the IoT ecosystem and delivers solutions for enterprise users.

Investors sentiment increased to 1.09 in Q4 2016. Its up 0.10, from 0.99 in 2016Q3. It increased, as 58 investors sold American Tower Corp shares while 271 reduced holdings. 101 funds opened positions while 258 raised stakes. 385.64 million shares or 1.20% less from 390.31 million shares in 2016Q3 were reported. Capital Int Sarl stated it has 76,180 shares. Solaris Asset Management Limited Liability Corporation reported 0.24% stake. Geneva Advsr Limited Co owns 859,236 shares for 1.77% of their portfolio. Ledyard Financial Bank reported 55,463 shares. Caisse De Depot Et Placement Du Quebec invested 0.01% in American Tower Corp (NYSE:AMT). Avenir holds 8.48% in American Tower Corp (NYSE:AMT) or 920,231 shares. Bridgewater Assocs Limited Partnership invested 0.02% in American Tower Corp (NYSE:AMT). Huntington Bank stated it has 0.09% in American Tower Corp (NYSE:AMT). Moreover, Greystone Managed Investments has 0.42% invested in American Tower Corp (NYSE:AMT) for 91,228 shares. Bar Harbor Svcs stated it has 3.27% of its portfolio in American Tower Corp (NYSE:AMT). Bluefin Trading Ltd Liability Company holds 0.03% or 4,279 shares. Dnb Asset Management As invested in 0% or 43,702 shares. Tiedemann Wealth Mngmt Lc, a New York-based fund reported 8,328 shares. Arizona State Retirement Systems holds 0.17% or 111,566 shares. Boston Private Wealth Limited Liability Company stated it has 34,536 shares.

Since February 7, 2017, it had 0 insider purchases, and 11 sales for $37.26 million activity. Lara Gustavo had sold 20,507 shares worth $2.38M on Wednesday, March 15. $5.13 million worth of American Tower Corp (NYSE:AMT) shares were sold by Meyer Robert Joseph JR. Shares for $1.14 million were sold by THOMPSON SAMME L. 40,000 shares were sold by TAICLET JAMES D JR, worth $4.13 million on Tuesday, February 7. 15,000 American Tower Corp (NYSE:AMT) shares with value of $1.81M were sold by DiSanto Edmund. SHARBUTT DAVID E had sold 4,167 shares worth $532,418 on Friday, May 5. Shares for $938,838 were sold by REED JOANN A on Wednesday, May 3.

The stock decreased 0.59% or $0.82 during the last trading session, reaching $137.15. About shares traded. American Tower Corp (NYSE:AMT) has risen 23.66% since August 4, 2016 and is uptrending. It has outperformed by 6.96% the S&P500.