Assetmark Inc. significantly increased its stake in American Tower Corporation (NYSE:AMT) by 22.6% in the third quarter, bringing its total holdings to $17.87 million. Other institutional investors like Norges Bank and JPMorgan Chase & Co. also made substantial changes to their positions in the real estate investment trust. Analysts have issued varied ratings, with a consensus “Moderate Buy” and an average target price of $218.79.
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Assetmark Inc. Has $17.87 Million Holdings in American Tower Corporation $AMT
Assetmark Inc. significantly increased its stake in American Tower Corporation (NYSE:AMT) by 22.6% in the third quarter, bringing its total holdings to $17.87 million. Other institutional investors like Norges Bank and JPMorgan Chase & Co. also made substantial changes to their positions in the real estate investment trust. Analysts have issued varied ratings, with a consensus “Moderate Buy” and an average target price of $218.79.