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Despite strong Q4 earnings, major investors cut holdings in American Tower, a company valued at $95.23B.
Investment firms like Wedbush Securities and Dynamic Technology Lab reduced their holdings in American Tower Co. (AMT), despite the company's strong Q4 performance, which beat earnings and revenue expectations.
American Tower reported $2.62 EPS and $2.55 billion in revenue, with a market cap of $95.23 billion.
The company has a PE ratio of 85.96 and a consensus "Buy" rating with a target price of $232.07.
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A pesar de los fuertes beneficios del Q4, los principales inversores cortaron participaciones en American Tower, una compañía valorada en 95,23 dólares.