Gleeson M J Group PLC (LON:GLE) Stock Hold Rating Maintained at Peel Hunt; The TP Given is GBX 715.00; Middleton & Co Has Increased American Tower New (AMT) Stake By $1.93 Million

December 7, 2017 - By Ellis Scott

Middleton & Co Inc increased American Tower Corp New (AMT) stake by 26.76% reported in 2017Q2 SEC filing. Middleton & Co Inc acquired 14,615 shares as American Tower Corp New (AMT)’s stock rose 18.69%. The Middleton & Co Inc holds 69,225 shares with $9.16 million value, up from 54,610 last quarter. American Tower Corp New now has $60.81B valuation. The stock increased 0.74% or $1.04 during the last trading session, reaching $141.8. About 1.11M shares traded. American Tower Corporation (NYSE:AMT) has risen 23.66% since December 7, 2016 and is uptrending. It has outperformed by 6.96% the S&P500.

Peel Hunt have a GBX 715.00 target price per share on the stock. The target price per share gives a potential downside of -6.26% from Gleeson M J Group PLC (LON:GLE)‘s last stock price. This rating was revealed to investors in a research note on Thursday morning.

Among 5 analysts covering Gleeson M J Group PLC (LON:GLE), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Gleeson M J Group PLC has GBX 820 highest and GBX 469 lowest target. GBX 770.25’s average target is 1.57% above currents GBX 758.34 stock price. Gleeson M J Group PLC had 43 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 6 by Whitman Howard. Berenberg maintained MJ Gleeson plc (LON:GLE) on Tuesday, April 25 with “Buy” rating. The firm earned “Buy” rating on Wednesday, December 16 by Liberum Capital. The stock has “Buy” rating by Liberum Capital on Tuesday, April 4. Liberum Capital maintained it with “Buy” rating and GBX 615 target in Monday, February 1 report. The company was maintained on Monday, September 25 by Liberum Capital. On Friday, February 26 the stock rating was maintained by Liberum Capital with “Buy”. The firm has “Corporate” rating by N+1 Singer given on Friday, September 30. Liberum Capital maintained it with “Buy” rating and GBX 804 target in Tuesday, October 3 report. Liberum Capital maintained the stock with “Buy” rating in Tuesday, July 5 report.

MJ Gleeson plc engages in the housebuilding and strategic land trading activities in the United Kingdom. The company has market cap of 412.42 million GBP. The firm operates through two divisions, Gleeson Homes and Gleeson Strategic Land. It has a 15.9 P/E ratio. It focuses on urban housing regeneration activities on brownfield land in the north of England; and strategic land trading, primarily in the south of England.

The stock increased 0.44% or GBX 3.34 during the last trading session, reaching GBX 758.34. About 10,178 shares traded. MJ Gleeson plc (LON:GLE) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 1.16 in Q2 2017. Its up 0.01, from 1.15 in 2017Q1. It improved, as 54 investors sold AMT shares while 274 reduced holdings. 91 funds opened positions while 289 raised stakes. 384.25 million shares or 0.68% less from 386.86 million shares in 2017Q1 were reported. Wilkins Inv Counsel holds 35,550 shares. Compton Management Inc Ri stated it has 5,715 shares. Ironsides Asset Advsrs accumulated 2,430 shares. Jones Financial Cos Lllp has invested 0.01% of its portfolio in American Tower Corporation (NYSE:REIT). Zimmer Limited Partnership holds 0.65% or 207,500 shares in its portfolio. Lmr Ptnrs Ltd Liability Partnership stated it has 0.05% in American Tower Corporation (NYSE:REIT). First Business Fincl Serv reported 4,658 shares. Gamble Jones Invest Counsel invested 0.39% of its portfolio in American Tower Corporation (NYSE:REIT). Highstreet Asset Management accumulated 4,986 shares. Los Angeles Capital Equity accumulated 76,663 shares. Bankshares Of New York Mellon Corporation owns 3.94 million shares or 0.15% of their US portfolio. Nikko Asset Mgmt Americas invested 0.12% of its portfolio in American Tower Corporation (NYSE:REIT). Westpac Corporation, a Australia-based fund reported 115,634 shares. Carnegie Asset Ltd Limited Liability Company invested 1.35% of its portfolio in American Tower Corporation (NYSE:REIT). Etrade Capital Management Limited Liability Co accumulated 0.02% or 3,006 shares.

Middleton & Co Inc decreased International Business Machs (NYSE:IBM) stake by 2,711 shares to 5,956 valued at $916,000 in 2017Q2. It also reduced Alphabet Inc stake by 463 shares and now owns 13,733 shares. United Technologies Corp (NYSE:UTX) was reduced too.

Among 18 analysts covering American Tower Corporation (NYSE:AMT), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. American Tower Corporation had 63 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, October 23, the company rating was maintained by Cowen & Co. As per Friday, July 28, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Monday, October 2 by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, November 29 by RBC Capital Markets. The rating was maintained by Macquarie Research with “Buy” on Wednesday, November 1. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) rating on Thursday, June 8. RBC Capital Markets has “Buy” rating and $14500 target. Jefferies maintained the shares of AMT in report on Friday, July 29 with “Buy” rating. The stock of American Tower Corporation (NYSE:REIT) earned “Overweight” rating by Morgan Stanley on Thursday, August 24. As per Tuesday, August 8, the company rating was maintained by Oppenheimer. The stock of American Tower Corporation (NYSE:REIT) earned “Hold” rating by Evercore on Tuesday, April 19.

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