TD Asset Management Inc. reduced its stake in American Tower Corporation (NYSE:AMT) by 4.2% in the third quarter, selling 14,432 shares. Despite this, other institutional investors increased their positions, and 92.69% of the stock is held by institutional investors and hedge funds. The company faces headwinds from DISH Network’s lease payment default but has received some positive analyst sentiment, although several firms have trimmed price targets.
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American Tower Corporation $AMT Shares Sold by TD Asset Management Inc
TD Asset Management Inc. reduced its stake in American Tower Corporation (NYSE:AMT) by 4.2% in the third quarter, selling 14,432 shares. Despite this, other institutional investors increased their positions, and 92.69% of the stock is held by institutional investors and hedge funds. The company faces headwinds from DISH Network’s lease payment default but has received some positive analyst sentiment, although several firms have trimmed price targets.