As American Tower (AMT) Share Price Rose, Ledyard National Bank Has Lowered Its Position; As Salesforce Com (CRM) Shares Rose, Holder Shearlink Capital Has Lifted Its Position

February 15, 2018 - By Kurt Siggers

Shearlink Capital Llc increased its stake in Salesforce Com Inc (CRM) by 167.48% based on its latest 2017Q3 regulatory filing with the SEC. Shearlink Capital Llc bought 89,600 shares as the company’s stock rose 7.28% with the market. The institutional investor held 143,100 shares of the prepackaged software company at the end of 2017Q3, valued at $13.37M, up from 53,500 at the end of the previous reported quarter. Shearlink Capital Llc who had been investing in Salesforce Com Inc for a number of months, seems to be bullish on the $80.59B market cap company. The stock increased 2.34% or $2.55 during the last trading session, reaching $111.57. About 2.43 million shares traded. Salesforce.com, inc. (NYSE:CRM) has risen 7.78% since February 15, 2017 and is uptrending. It has underperformed by 8.92% the S&P500.

Ledyard National Bank decreased its stake in American Tower Corp (AMT) by 60.13% based on its latest 2017Q3 regulatory filing with the SEC. Ledyard National Bank sold 32,161 shares as the company’s stock rose 18.69% with the market. The institutional investor held 21,321 shares of the real estate investment trusts company at the end of 2017Q3, valued at $2.91 million, down from 53,482 at the end of the previous reported quarter. Ledyard National Bank who had been investing in American Tower Corp for a number of months, seems to be less bullish one the $57.65 billion market cap company. The stock decreased 0.78% or $1.05 during the last trading session, reaching $134.43. About 788,434 shares traded. American Tower Corporation (NYSE:AMT) has risen 23.66% since February 15, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Investors sentiment decreased to 1.34 in Q3 2017. Its down 0.04, from 1.38 in 2017Q2. It dived, as 40 investors sold CRM shares while 234 reduced holdings. 73 funds opened positions while 295 raised stakes. 609.74 million shares or 0.30% less from 611.55 million shares in 2017Q2 were reported. 2,642 are held by Welch Forbes Limited Liability Corporation. Everence Mngmt reported 0.28% stake. Kentucky Retirement holds 0.29% of its portfolio in Salesforce.com, inc. (NYSE:CRM) for 41,056 shares. Kentucky Retirement Sys Insurance Trust Fund has invested 0.29% in Salesforce.com, inc. (NYSE:CRM). Massachusetts-based Adage Cap Grp Inc Lc has invested 0.32% in Salesforce.com, inc. (NYSE:CRM). Dekabank Deutsche Girozentrale reported 220,124 shares. Moreover, Oak Assocs Limited Oh has 0.37% invested in Salesforce.com, inc. (NYSE:CRM). The Georgia-based Voya Investment Limited has invested 0.54% in Salesforce.com, inc. (NYSE:CRM). Ny State Common Retirement Fund owns 2.12 million shares. First Manhattan has invested 0% in Salesforce.com, inc. (NYSE:CRM). 617 are held by Cwm Limited Com. Credit Agricole S A has invested 0.13% in Salesforce.com, inc. (NYSE:CRM). Prudential Public Limited Co stated it has 13,642 shares or 0% of all its holdings. Cibc Ww Markets invested 0% of its portfolio in Salesforce.com, inc. (NYSE:CRM). National Bank Of The Ozarks invested in 11,730 shares or 0.45% of the stock.

Among 51 analysts covering Salesforce.com (NYSE:CRM), 44 have Buy rating, 1 Sell and 6 Hold. Therefore 86% are positive. Salesforce.com had 198 analyst reports since August 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, November 22 by Jefferies. The firm has “Hold” rating given on Friday, June 16 by Jefferies. The stock has “Buy” rating by BMO Capital Markets on Wednesday, September 27. The firm has “Overweight” rating given on Thursday, May 19 by JP Morgan. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, November 23. Pivotal Research downgraded Salesforce.com, inc. (NYSE:CRM) rating on Thursday, January 12. Pivotal Research has “Hold” rating and $76 target. The company was maintained on Friday, November 3 by BMO Capital Markets. The stock has “Hold” rating by Needham on Wednesday, November 22. On Wednesday, November 22 the stock rating was maintained by Wells Fargo with “Buy”. The stock of Salesforce.com, inc. (NYSE:CRM) earned “Overweight” rating by Pacific Crest on Saturday, August 22.

Since August 15, 2017, it had 1 buy, and 100 insider sales for $74.37 million activity. On Tuesday, September 26 the insider Harris Parker sold $743,264. 1,209 shares valued at $112,896 were sold by Robbins Cynthia G. on Friday, August 25. Shares for $563,098 were sold by Benioff Marc on Tuesday, January 30. $4.13 million worth of stock was sold by Hawkins Mark J on Monday, December 11. Roos John Victor sold $14,616 worth of stock. Dayon Alexandre sold $61,068 worth of stock.

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. Moreover, Buckingham Cap Management has 0.08% invested in American Tower Corporation (NYSE:REIT). Riverhead Cap Mngmt Limited Liability Co accumulated 21,005 shares. First Bancorp Of Omaha holds 0.52% or 65,172 shares in its portfolio. Plante Moran Fin Advisors Lc holds 0.04% in American Tower Corporation (NYSE:REIT) or 510 shares. Fil, Bermuda-based fund reported 374,434 shares. Soros Fund Mngmt Ltd Co accumulated 0.01% or 3,200 shares. Exchange Cap Management invested in 56 shares. Avalon Advsr Limited invested 0.42% of its portfolio in American Tower Corporation (NYSE:REIT). Prudential Fincl Incorporated holds 1.91 million shares or 0.43% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 179,204 shares. Moreover, Daiwa Grp has 0.1% invested in American Tower Corporation (NYSE:REIT) for 105,460 shares. Moreover, Schmidt P J Mgmt has 0.46% invested in American Tower Corporation (NYSE:REIT) for 11,330 shares. Mark Asset Mgmt Corporation reported 5,333 shares. Ubs Asset Management Americas accumulated 1.39M shares or 0.17% of the stock. Schnieders Ltd Liability Company owns 2,364 shares.

Ledyard National Bank, which manages about $753.72M US Long portfolio, upped its stake in Vanguard Short Term Corp Bond Etf (VCSH) by 4,165 shares to 10,511 shares, valued at $842,000 in 2017Q3, according to the filing. It also increased its holding in Ishares Msci United Kingdom Etf by 11,682 shares in the quarter, for a total of 46,390 shares, and has risen its stake in Wells Fargo & Co (NYSE:WFC).

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 rating was upgraded by Morgan Stanley to “Overweight” on Thursday, August 6. The firm has “Buy” rating given on Monday, September 11 by UBS. The firm has “Buy” rating given on Friday, July 29 by Jefferies. Jefferies maintained the shares of AMT in report on Monday, October 16 with “Buy” rating. The stock has “Buy” rating by Oppenheimer on Wednesday, December 20. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, May 2 report. The stock of American Tower Corporation (NYSE:REIT) has “Buy” rating given on Wednesday, November 1 by Macquarie Research. Stifel Nicolaus maintained it with “Buy” rating and $120 target in Monday, November 2 report. As per Tuesday, April 11, the company rating was upgraded by Guggenheim. As per Tuesday, August 8, the company rating was maintained by Oppenheimer.

Since August 18, 2017, it had 0 buys, and 8 sales for $19.04 million activity. REEVE PAMELA D A sold 5,000 shares worth $717,450. 1,584 American Tower Corporation (NYSE:REIT) shares with value of $228,793 were sold by SHARBUTT DAVID E. $1.38 million worth of American Tower Corporation (NYSE:REIT) shares were sold by DiSanto Edmund. $2.90M worth of American Tower Corporation (NYSE:REIT) shares were sold by Sharma Amit. The insider THOMPSON SAMME L sold $715,800.

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