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Major investors boost stakes in American Tower, a real estate firm that beat Q1 earnings estimates.
Insight Wealth Strategies and Jacobs & Co. have increased their stakes in American Tower, a major real estate investment trust with a $99.48 billion market cap.
American Tower recently reported Q1 earnings of $2.75 per share, beating estimates by $0.34.
The company's stock is largely held by institutional investors and has a consensus "buy" rating with a price target of $240.25.
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Los principales inversores aumentan las participaciones en American Tower, una firma de bienes raíces que superó las estimaciones de ganancias del primer trimestre.