Recent developments concerning the American Tower Corporation (AMT) reveal both positive and concerning signals. Numerous renowned asset management companies, such as Marshall Wace LLP, Quadrature Capital Ltd, and Prossimo Advisors LLC, have notably reduced their stakes in the company. Concurrently, EchoStar risks have led Barclays to adopt a more cautious stance on AMT, resulting in a downgrade from Overweight to Equal Weight.
In contrast, investment entities like Amundi, Invesco Ltd., and Mackenzie Financial Corp have significantly increased their holdings in the corporation. Furthermore, AMT has managed to price $850M 2032 notes with the primary aim of repaying a $4.0B credit facility.
The corporation declared a quarterly dividend of $1.70 per share and is expected to present at the UBS Global Media and Communications Conference. Though Barclays and JPMorgan have reduced AMT's price target, suggesting a potential future stock underperformance, Morgan Stanley maintains an overweight rating while seeking a modest re-rating terming for anticipated US leasing growth.
American Tower Corporation AMT News Analytics from Wed, 25 Jun 2025 07:00:00 GMT to Sat, 06 Dec 2025 19:37:32 GMT - Rating 0 - Innovation -8 - Information 8 - Rumor -4
