Synopsys (SNPS) Holder Bernzott Capital Advisors Trimmed Its Stake as Stock Price Rose; Resolution Capital LTD Trimmed American Tower New (AMT) Holding as Share Value Rose

February 23, 2018 - By Peter Erickson

Bernzott Capital Advisors decreased its stake in Synopsys (SNPS) by 1.31% based on its latest 2017Q3 regulatory filing with the SEC. Bernzott Capital Advisors sold 4,805 shares as the company’s stock rose 0.68% with the market. The institutional investor held 361,316 shares of the technology company at the end of 2017Q3, valued at $29.10 million, down from 366,121 at the end of the previous reported quarter. Bernzott Capital Advisors who had been investing in Synopsys for a number of months, seems to be less bullish one the $12.74B market cap company. The stock increased 0.28% or $0.24 during the last trading session, reaching $84.62. About 777,979 shares traded. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since February 23, 2017 and is uptrending. It has outperformed by 28.95% the S&P500.

Resolution Capital Ltd decreased its stake in American Tower Corp New (AMT) by 12.82% based on its latest 2017Q3 regulatory filing with the SEC. Resolution Capital Ltd sold 102,659 shares as the company’s stock rose 18.69% with the market. The institutional investor held 697,811 shares of the real estate investment trusts company at the end of 2017Q3, valued at $95.38 million, down from 800,470 at the end of the previous reported quarter. Resolution Capital Ltd who had been investing in American Tower Corp New for a number of months, seems to be less bullish one the $60.55 billion market cap company. The stock increased 1.60% or $2.22 during the last trading session, reaching $141.2. About 962,419 shares traded. American Tower Corporation (NYSE:AMT) has risen 23.66% since February 23, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Resolution Capital Ltd, which manages about $2.93B and $2.17 billion US Long portfolio, upped its stake in Federal Realty Invt Tr (NYSE:FRT) by 254,705 shares to 546,450 shares, valued at $67.88 million in 2017Q3, according to the filing. It also increased its holding in Boston Properties Inc (NYSE:BXP) by 87,998 shares in the quarter, for a total of 251,806 shares, and has risen its stake in Essex Ppty Tr Inc (NYSE:ESS).

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 earned “Outperform” rating on Monday, November 9 by Macquarie Research. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, August 24 report. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) on Monday, October 2 with “Buy” rating. The firm has “Outperform” rating given on Monday, June 12 by Raymond James. On Tuesday, April 11 the stock rating was upgraded by Guggenheim to “Buy”. As per Thursday, September 21, the company rating was maintained by Cowen & Co. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, November 29. The rating was maintained by Cowen & Co with “Buy” on Friday, July 28. The stock of American Tower Corporation (NYSE:REIT) earned “Outperform” rating by RBC Capital Markets on Friday, April 28. The rating was maintained by Jefferies on Monday, August 7 with “Buy”.

Investors sentiment increased to 1.2 in Q3 2017. 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. Boothbay Fund Management Limited Company holds 0.07% or 3,206 shares. Teachers Insurance And Annuity Association Of America, New York-based fund reported 421,695 shares. Ibm Retirement Fund reported 10,531 shares. 98,383 are owned by Hartford Inv Com. Nikko Asset Americas accumulated 15,500 shares. Middleton & Incorporated Ma accumulated 1.75% or 70,843 shares. Northstar Asset Mgmt Ltd Liability Corporation reported 1.71% in American Tower Corporation (NYSE:REIT). The New York-based Morgan Stanley has invested 0.13% in American Tower Corporation (NYSE:REIT). Moreover, Hightower Advisors Llc has 0.1% invested in American Tower Corporation (NYSE:REIT) for 89,386 shares. Essex Fincl Ser holds 4,563 shares or 0.15% of its portfolio. Cornerstone holds 0.12% of its portfolio in American Tower Corporation (NYSE:REIT) for 1,235 shares. Glenmede Trust Company Na holds 0.38% or 632,400 shares in its portfolio. Ww Asset Mgmt holds 0.21% or 47,494 shares in its portfolio. Bkd Wealth Advsr Limited Liability Company reported 0.04% stake. Parametric Associate Limited Liability Corp reported 0.15% stake.

Since August 24, 2017, it had 0 buys, and 7 selling transactions for $18.32 million activity. $717,450 worth of American Tower Corporation (NYSE:REIT) was sold by REEVE PAMELA D A. THOMPSON SAMME L had sold 5,000 shares worth $715,800 on Tuesday, January 2. $1.38M worth of American Tower Corporation (NYSE:REIT) was sold by DiSanto Edmund. 1,584 shares were sold by SHARBUTT DAVID E, worth $228,793.

Among 9 analysts covering Synopsys Inc. (NASDAQ:SNPS), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Synopsys Inc. had 29 analyst reports since August 20, 2015 according to SRatingsIntel. Benchmark maintained Synopsys, Inc. (NASDAQ:SNPS) rating on Thursday, August 18. Benchmark has “Hold” rating and $60 target. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, September 20. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, August 15. The stock of Synopsys, Inc. (NASDAQ:SNPS) has “Hold” rating given on Wednesday, September 9 by Benchmark. The stock has “Buy” rating by on Monday, October 10. The firm has “Buy” rating given on Thursday, December 1 by Needham. The firm has “Buy” rating by Needham given on Thursday, August 18. As per Tuesday, August 25, the company rating was maintained by Pacific Crest. The company was maintained on Thursday, August 18 by DA Davidson. RBC Capital Markets maintained the shares of SNPS in report on Monday, July 31 with “Buy” rating.

Since December 19, 2017, it had 0 buys, and 3 sales for $3.10 million activity. Another trade for 10,000 shares valued at $880,000 was made by RUNKEL JOHN F JR on Tuesday, December 19. Nikias Chrysostomos L had sold 21,073 shares worth $1.81 million on Tuesday, January 2.

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By1 Peter Erickson

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