American Tower (AMT) Trades at $137.15 After Triangle; 1 Bullish Analysts Covering Qumu (QUMU)

May 23, 2018 - By wolcottdaily

American Tower Corporation (NYSE:REIT) Logo

American Tower Corporation (AMT) formed triangle with $141.26 target or 3.00% above today’s $137.15 share price. American Tower Corporation (AMT) has $60.57B valuation. The stock decreased 0.17% or $0.23 during the last trading session, reaching $137.15. About 2.17M shares traded. American Tower Corporation (NYSE:REIT) has 0.00% since May 23, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 3 analysts covering Qumu Corporation (NASDAQ:QUMU), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Qumu Corporation had 6 analyst reports since August 7, 2015 according to SRatingsIntel. On Friday, August 28 the stock rating was maintained by Lake Street with “Buy”. The company was upgraded on Thursday, August 27 by Zacks. The firm has “Hold” rating given on Friday, February 16 by Craig Hallum. The stock of Qumu Corporation (NASDAQ:QUMU) has “Neutral” rating given on Monday, October 19 by Ladenburg Thalmann. See Qumu Corporation (NASDAQ:QUMU) latest ratings:

16/02/2018 Broker: Craig Hallum Rating: Hold Downgrade

Among 5 analysts covering Dow Jones Equity All REIT Total Return Index REIT (NYSE:REIT), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Dow Jones Equity All REIT Total Return Index REIT has $145 highest and $132 lowest target. $141’s average target is 2.81% above currents $137.15 stock price. Dow Jones Equity All REIT Total Return Index REIT had 5 analyst reports since March 23, 2017 according to SRatingsIntel. Guggenheim upgraded the shares of REIT in report on Wednesday, April 12 to “Buy” rating.

Since December 11, 2017, it had 0 insider purchases, and 8 sales for $17.20 million activity. DiSanto Edmund sold 14,223 shares worth $1.99M. $715,800 worth of stock was sold by THOMPSON SAMME L on Tuesday, January 2. $4.11M worth of American Tower Corporation (NYSE:REIT) shares were sold by HESS WILLIAM H. The insider REED JOANN A sold 845 shares worth $124,071. TAICLET JAMES D JR sold $4.94 million worth of stock. $4.57 million worth of stock was sold by Sharma Amit on Monday, April 16. SHARBUTT DAVID E also sold $228,793 worth of American Tower Corporation (NYSE:REIT) shares.

Analysts await American Tower Corporation (NYSE:REIT) to report earnings on July, 26. They expect $1.74 earnings per share, up 3.57% or $0.06 from last year’s $1.68 per share. AMT’s profit will be $768.49M for 19.71 P/E if the $1.74 EPS becomes a reality. After $1.73 actual earnings per share reported by American Tower Corporation for the previous quarter, Wall Street now forecasts 0.58% EPS growth.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.05, from 1.2 in 2017Q3. It is positive, as 47 investors sold American Tower Corporation shares while 280 reduced holdings. 107 funds opened positions while 301 raised stakes. 377.89 million shares or 0.11% less from 378.31 million shares in 2017Q3 were reported. Virtus Investment Advisers holds 186,248 shares or 0.36% of its portfolio. 922,748 were reported by Mitsubishi Ufj Tru & Banking. Cornercap Investment Counsel Inc reported 3,330 shares. Telemark Asset Mngmt Llc has 2.38% invested in American Tower Corporation (NYSE:REIT). Macguire Cheswick & Tuttle Counsel Limited invested in 0.46% or 17,765 shares. Sei Invests Company reported 556,696 shares. Adirondack has 0.33% invested in American Tower Corporation (NYSE:REIT). Sun Life owns 938 shares. Westfield Cap Management Ltd Partnership reported 792,778 shares. Bremer Association reported 1,754 shares stake. Northstar Asset Management Ltd invested in 1.68% or 28,415 shares. King Luther owns 0.13% invested in American Tower Corporation (NYSE:REIT) for 107,139 shares. Cbre Clarion Ltd Liability holds 9,800 shares. Prudential Plc holds 3,904 shares. Argent holds 0.27% or 4,894 shares.

More important recent Qumu Corporation (NASDAQ:QUMU) news were published by: Benzinga.com which released: “Why Knowing Your Goals Will Make You A Better Trader, Investor and Saver” on May 18, 2018, also Businesswire.com published article titled: “Qumu Receives $1 Million in Qumu Cloud License Fees from iStudy Co., Ltd.”, Seekingalpha.com published: “Qumu Corp’s (QUMU) CEO Vernon Hanzlik on Q1 2018 Results – Earnings Call Transcript” on May 02, 2018. More interesting news about Qumu Corporation (NASDAQ:QUMU) was released by: Businesswire.com and their article: “Qumu Announces First Quarter 2018 Results – Reiterating Annual Guidance” with publication date: May 01, 2018.

Qumu Corporation engages in enterprise video content management software business. The company has market cap of $22.96 million. The companyÂ’s software applications enable businesses to create, manage, secure, deliver, and measure the success of their videos. It currently has negative earnings. It offers enterprise video content management software products through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform.

The stock decreased 1.63% or $0.04 during the last trading session, reaching $2.41. About 26,286 shares traded. Qumu Corporation (NASDAQ:QUMU) has declined 42.70% since May 23, 2017 and is downtrending. It has underperformed by 54.25% the S&P500.

Investors sentiment increased to 1.67 in Q4 2017. Its up 0.78, from 0.89 in 2017Q3. It improved, as 3 investors sold Qumu Corporation shares while 3 reduced holdings. 3 funds opened positions while 7 raised stakes. 2.08 million shares or 5.85% less from 2.21 million shares in 2017Q3 were reported. Vanguard Group Inc reported 188,931 shares stake. Price T Rowe Associates Md reported 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU). Royal National Bank & Trust Of Canada accumulated 7 shares or 0% of the stock. The Minnesota-based Perkins Capital Mgmt has invested 0.27% in Qumu Corporation (NASDAQ:QUMU). Blackrock stated it has 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU). Renaissance Technologies Ltd Llc holds 0% in Qumu Corporation (NASDAQ:QUMU) or 699,921 shares. Commercial Bank Of America Corporation De holds 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU) for 3,000 shares. Buckingham Asset Mgmt Lc holds 32,085 shares or 0.02% of its portfolio. Geode Management Ltd holds 0% or 92,861 shares. Dimensional Fund Ltd Partnership holds 0% or 257,871 shares in its portfolio. Citadel Ltd Liability Company has 10,614 shares. National Bank Of Mellon has invested 0% of its portfolio in Qumu Corporation (NASDAQ:QUMU). Barclays Plc accumulated 59 shares. Macquarie owns 9,200 shares. Teton owns 190,389 shares for 0.04% of their portfolio.

Since May 16, 2018, it had 1 insider buy, and 0 sales for $24,181 activity. 10,000 shares were bought by Hanzlik Vern, worth $24,181 on Wednesday, May 16.

American Tower Corporation (NYSE:REIT) Ratings Chart

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