Analyzing the Market Sentiment for American Tower (AMT) Stocks

American Tower stock is trading -17.49% below its average target price of $223.59 after dropping -1.0% during today's morning session. Analysts are giving the Large-Cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $196.0 to $248.0 per share.

American Tower's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.2%. The stock's short ratio is 1.74. The company's insiders own 0.14% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 95.6%. In conclusion, we believe there is mixed market sentiment regarding American Tower.

Institutions Invested in American Tower

Date Reported Holder Percentage Shares Value
2023-12-31 Vanguard Group Inc 13% 61,025,115 $11,258,523,801
2023-12-31 Blackrock Inc. 8% 36,770,832 $6,783,850,997
2023-12-31 State Street Corporation 4% 20,846,001 $3,845,878,839
2023-12-31 Cohen & Steers Inc. 4% 16,440,715 $3,033,147,600
2023-12-31 Wellington Management Group, LLP 3% 15,823,622 $2,919,300,109
2023-12-31 Geode Capital Management, LLC 2% 10,430,608 $1,924,342,927
2024-03-31 Principal Financial Group, Inc. 2% 8,794,776 $1,622,548,272
2023-12-31 Morgan Stanley 2% 7,356,254 $1,357,155,340
2023-12-31 Deutsche Bank Aktiengesellschaft 2% 7,246,092 $1,336,831,552
2023-12-31 Goldman Sachs Group Inc 2% 7,255,573 $1,338,580,702
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.