American Tower (AMT) Stock Price Rose While Cortland Advisers Has Cut Its Stake; Premier (PINC) Valuation Rose While Zuckerman Investment Group Has Increased Its Stake

February 19, 2018 - By Nellie Frank

Zuckerman Investment Group Llc increased its stake in Premier Inc. (PINC) by 24.2% based on its latest 2017Q3 regulatory filing with the SEC. Zuckerman Investment Group Llc bought 9,410 shares as the company’s stock rose 10.37% with the market. The institutional investor held 48,300 shares of the consumer services company at the end of 2017Q3, valued at $1.57 million, up from 38,890 at the end of the previous reported quarter. Zuckerman Investment Group Llc who had been investing in Premier Inc. for a number of months, seems to be bullish on the $4.33 billion market cap company. The stock increased 0.19% or $0.06 during the last trading session, reaching $31.82. About 548,175 shares traded. Premier, Inc. (NASDAQ:PINC) has risen 13.15% since February 19, 2017 and is uptrending. It has underperformed by 3.55% the S&P500.

Cortland Advisers Llc decreased its stake in American Tower Corp (AMT) by 2.73% based on its latest 2017Q3 regulatory filing with the SEC. Cortland Advisers Llc sold 13,436 shares as the company’s stock rose 18.69% with the market. The institutional investor held 478,824 shares of the real estate investment trusts company at the end of 2017Q3, valued at $65.45 million, down from 492,260 at the end of the previous reported quarter. Cortland Advisers Llc who had been investing in American Tower Corp for a number of months, seems to be less bullish one 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 19, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Since August 24, 2017, it had 0 insider buys, and 8 sales for $19.04 million activity. Shares for $717,450 were sold by REEVE PAMELA D A on Thursday, August 24. The insider THOMPSON SAMME L sold $715,800. $1.38M worth of American Tower Corporation (NYSE:REIT) was sold by DiSanto Edmund on Friday, September 22. SHARBUTT DAVID E also sold $228,793 worth of American Tower Corporation (NYSE:REIT) shares.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.04, from 1.16 in 2017Q2. It increased, 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. Arrowgrass (Us) Lp reported 15,506 shares. Atria Invs Ltd Liability accumulated 0.03% or 4,344 shares. Mark Sheptoff Fincl Planning Limited Co has invested 0.02% in American Tower Corporation (NYSE:REIT). Barr E S And Company holds 0.35% or 24,309 shares. Matarin Cap Mngmt Ltd Liability Com holds 0.32% of its portfolio in American Tower Corporation (NYSE:REIT) for 27,720 shares. Livforsakringsbolaget Skandia Omsesidigt invested 0.1% in American Tower Corporation (NYSE:REIT). 1.17 million are held by Jennison Associate Limited Liability Corporation. Northeast Inv Mgmt has invested 2.03% of its portfolio in American Tower Corporation (NYSE:REIT). Alpha Cubed Ltd Liability holds 3,556 shares. Stock Yards Fincl Bank And Trust holds 1.56% of its portfolio in American Tower Corporation (NYSE:REIT) for 97,361 shares. Bamco reported 463,334 shares. Innovations Ltd Com reported 1,603 shares or 0.53% of all its holdings. Beech Hill Advsrs Incorporated reported 27,055 shares stake. Ngam LP accumulated 57,619 shares. Lakeview Capital Lc holds 3,049 shares or 0.33% of its portfolio.

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 firm has “Buy” rating given on Thursday, August 3 by Argus Research. The company was maintained on Wednesday, December 20 by Oppenheimer. Cowen & Co maintained the stock with “Buy” rating in Friday, July 28 report. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Tuesday, October 31 by SunTrust. As per Wednesday, November 1, the company rating was maintained by Jefferies. The firm has “Outperform” rating by RBC Capital Markets given on Monday, May 2. Argus Research maintained it with “Buy” rating and $130 target in Wednesday, August 17 report. The rating was downgraded by Evercore on Tuesday, April 19 to “Hold”. The rating was upgraded by Guggenheim on Tuesday, April 11 to “Buy”. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Wednesday, November 29 by RBC Capital Markets.

Among 18 analysts covering Premier (NASDAQ:PINC), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. Premier had 41 analyst reports since August 25, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of PINC in report on Tuesday, August 23 with “Outperform” rating. The stock of Premier, Inc. (NASDAQ:PINC) has “Buy” rating given on Wednesday, January 10 by Robert W. Baird. The rating was maintained by JP Morgan on Wednesday, October 7 with “Overweight”. As per Tuesday, February 6, the company rating was maintained by Piper Jaffray. The stock of Premier, Inc. (NASDAQ:PINC) has “Hold” rating given on Tuesday, August 22 by Piper Jaffray. On Wednesday, June 1 the stock rating was initiated by Barclays Capital with “Overweight”. The stock has “Buy” rating by Robert W. Baird on Tuesday, August 22. Credit Suisse initiated the stock with “Outperform” rating in Friday, August 5 report. J.P. Morgan downgraded the shares of PINC in report on Tuesday, December 19 to “Hold” rating. The company was downgraded on Tuesday, October 24 by KeyBanc Capital Markets.

Since August 24, 2017, it had 0 buys, and 4 selling transactions for $2.34 million activity. Another trade for 2,264 shares valued at $74,101 was made by Anderson Leigh on Tuesday, August 29. Alkire Michael J. sold $831,500 worth of stock or 25,000 shares. Another trade for 3,967 shares valued at $125,833 was sold by D’ARCY STEPHEN R..

Investors sentiment increased to 1.72 in Q3 2017. Its up 0.20, from 1.52 in 2017Q2. It improved, as 23 investors sold PINC shares while 41 reduced holdings. 30 funds opened positions while 80 raised stakes. 52.07 million shares or 2.52% more from 50.79 million shares in 2017Q2 were reported. Timessquare Cap Management Limited Com accumulated 2.72 million shares. Financial Bank Of Ny Mellon Corp has invested 0.01% in Premier, Inc. (NASDAQ:PINC). 61,959 were accumulated by Ameriprise Financial Inc. 8,641 are owned by Natixis Asset Management. Burgundy Asset Management Ltd owns 0.1% invested in Premier, Inc. (NASDAQ:PINC) for 328,984 shares. Highbridge Cap Management Lc holds 0.11% or 229,260 shares in its portfolio. Ubs Asset Mgmt Americas owns 36,472 shares or 0% of their US portfolio. Artemis Inv Mngmt Llp holds 0.2% or 302,507 shares. Vanguard Grp reported 0.01% of its portfolio in Premier, Inc. (NASDAQ:PINC). Federated Pa invested 0% of its portfolio in Premier, Inc. (NASDAQ:PINC). First Quadrant Limited Partnership Ca reported 194,471 shares stake. Argent Cap Ltd Liability Company accumulated 89,800 shares. 7,639 are held by Hsbc Public Ltd Com. Goldman Sachs Group holds 0.01% of its portfolio in Premier, Inc. (NASDAQ:PINC) for 1.15 million shares. River Road Asset Limited holds 0.82% or 1.28 million shares in its portfolio.

Zuckerman Investment Group Llc, which manages about $757.08M and $407.27 million US Long portfolio, decreased its stake in Agco Corp. (NYSE:AGCO) by 56,800 shares to 273,512 shares, valued at $20.18 million in 2017Q3, according to the filing.

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