As American Tower New (AMT) Shares Rose, Shareholder Bruni J V & Company Trimmed Its Stake; Tesla Mtrs (TSLA) Holder Essex Financial Services Lifted Holding by $758,725

February 15, 2018 - By Moses P. Lee

Bruni J V & Company decreased its stake in American Tower Corp New (AMT) by 2.37% based on its latest 2017Q3 regulatory filing with the SEC. Bruni J V & Company sold 7,140 shares as the company’s stock rose 18.69% with the market. The institutional investor held 294,276 shares of the real estate investment trusts company at the end of 2017Q3, valued at $40.22M, down from 301,416 at the end of the previous reported quarter. Bruni J V & Company who had been investing in American Tower Corp New for a number of months, seems to be less bullish one the $57.55B market cap company. The stock decreased 0.94% or $1.28 during the last trading session, reaching $134.2. About 583,994 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.

Essex Financial Services Inc increased its stake in Tesla Mtrs Inc (TSLA) by 191.98% based on its latest 2017Q3 regulatory filing with the SEC. Essex Financial Services Inc bought 2,225 shares as the company’s stock rose 14.18% with the market. The institutional investor held 3,384 shares of the capital goods company at the end of 2017Q3, valued at $1.15 million, up from 1,159 at the end of the previous reported quarter. Essex Financial Services Inc who had been investing in Tesla Mtrs Inc for a number of months, seems to be bullish on the $55.22B market cap company. The stock increased 1.46% or $4.717 during the last trading session, reaching $327.027. About 1.23M shares traded. Tesla, Inc. (NASDAQ:TSLA) has risen 44.43% since February 15, 2017 and is uptrending. It has outperformed by 27.73% the S&P500.

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. Friedberg Mngmt reported 20,710 shares stake. Brinker Cap Inc reported 0.05% in American Tower Corporation (NYSE:REIT). Godshalk Welsh Cap Mngmt Inc, Pennsylvania-based fund reported 5,640 shares. Telemark Asset Mgmt reported 85,000 shares. Americafirst Cap Management Limited Company has 1,265 shares. The Missouri-based Stifel Corp has invested 0.14% in American Tower Corporation (NYSE:REIT). 2.65M are held by Legal General Group Incorporated Public Limited Co. Rainier Management Limited Liability Company holds 0.49% or 15,280 shares. Wade G W has invested 0.02% in American Tower Corporation (NYSE:REIT). Duff & Phelps Investment Management, a Illinois-based fund reported 109,235 shares. Hl Fin Ltd Liability Corp holds 0.01% or 2,177 shares in its portfolio. Japan-based Mitsubishi Ufj And Banking has invested 0.23% in American Tower Corporation (NYSE:REIT). Eagle Asset Management Incorporated holds 17,195 shares. Davidson & Garrard, a Virginia-based fund reported 20,847 shares. Advent Cap De stated it has 40,000 shares or 0.1% of all its holdings.

Since August 18, 2017, it had 0 insider purchases, and 8 selling transactions for $19.04 million activity. Shares for $1.38M were sold by DiSanto Edmund on Friday, September 22. $715,800 worth of American Tower Corporation (NYSE:REIT) was sold by THOMPSON SAMME L. Another trade for 34,667 shares valued at $4.94M was made by TAICLET JAMES D JR on Monday, December 11. REEVE PAMELA D A also sold $717,450 worth of American Tower Corporation (NYSE:REIT) shares. Shares for $228,793 were sold by SHARBUTT DAVID E.

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 maintained by Cowen & Co with “Buy” on Friday, July 28. Citigroup maintained the stock with “Buy” rating in Wednesday, August 10 report. The stock of American Tower Corporation (NYSE:REIT) earned “Buy” rating by Guggenheim on Tuesday, April 11. The firm earned “Buy” rating on Wednesday, December 20 by Oppenheimer. The firm has “Overweight” rating given on Thursday, August 24 by Morgan Stanley. The stock has “Outperform” rating by RBC Capital Markets on Thursday, July 30. As per Friday, July 14, the company rating was maintained by Deutsche Bank. RBC Capital Markets maintained the shares of AMT in report on Friday, April 28 with “Outperform” rating. The company was maintained on Wednesday, November 1 by Macquarie Research. As per Tuesday, December 6, the company rating was initiated by Macquarie Research.

Essex Financial Services Inc, which manages about $2.52 billion and $407.29 million US Long portfolio, decreased its stake in Ishares Tr Core S&P 500 (IVV) by 2,862 shares to 1,706 shares, valued at $431,000 in 2017Q3, according to the filing. It also reduced its holding in Proshares Tr S&P 500Divid Aristo (NOBL) by 93,242 shares in the quarter, leaving it with 5,124 shares, and cut its stake in Vanguard Admiral Fdsinc (VOOG).

Among 35 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 13 have Buy rating, 10 Sell and 12 Hold. Therefore 37% are positive. Tesla Motors Inc had 127 analyst reports since July 21, 2015 according to SRatingsIntel. S&P Research maintained it with “Sell” rating and $225 target in Friday, August 14 report. The company was downgraded on Monday, May 15 by Morgan Stanley. The company was maintained on Wednesday, November 4 by Evercore. On Monday, January 22 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by Jefferies with “Sell” on Monday, October 23. The rating was downgraded by Zacks on Tuesday, August 11 to “Buy”. On Wednesday, August 9 the stock rating was maintained by Oppenheimer with “Hold”. The company was maintained on Tuesday, January 23 by Robert W. Baird. Dougherty maintained the stock with “Buy” rating in Thursday, February 8 report. The stock has “Sell” rating by Goldman Sachs on Friday, June 30.

Since August 22, 2017, it had 0 insider buys, and 9 selling transactions for $19.76 million activity. Shares for $476,944 were sold by FIELD JOHN DOUGLAS. Musk Kimbal sold $1.27 million worth of stock or 4,065 shares. The insider Branderiz Eric sold 801 shares worth $284,019.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.03, from 1.27 in 2017Q2. It increased, as 93 investors sold TSLA shares while 134 reduced holdings. 73 funds opened positions while 223 raised stakes. 93.25 million shares or 1.29% more from 92.06 million shares in 2017Q2 were reported. Gateway Inv Advisers Limited Com reported 13,789 shares. Bartlett Ltd Liability Corporation reported 85 shares. Brighton Jones Limited Liability Com reported 4,801 shares stake. Truenorth Inc owns 812 shares. Catawba Va, Virginia-based fund reported 2,770 shares. Invesco holds 1.36M shares or 0.17% of its portfolio. Los Angeles And Equity Rech Incorporated holds 643 shares or 0% of its portfolio. Neuberger Berman Group Limited Liability holds 0.01% in Tesla, Inc. (NASDAQ:TSLA) or 24,155 shares. Tradewinds Capital Mngmt Ltd Liability Com has 0.02% invested in Tesla, Inc. (NASDAQ:TSLA) for 137 shares. Dimensional Fund Limited Partnership invested in 102,250 shares or 0.02% of the stock. Calamos Ltd stated it has 0.27% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Garde Capital Inc has 0.21% invested in Tesla, Inc. (NASDAQ:TSLA). Cetera Advsr Ltd Liability Corporation accumulated 0.09% or 4,399 shares. Jane Street Limited Liability Company has 17,802 shares for 0.02% of their portfolio. Hsbc Public has invested 0.06% in Tesla, Inc. (NASDAQ:TSLA).

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By1 Moses P. Lee

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