ING Groep NV significantly increased its stake in American Tower Corporation (NYSE:AMT) by 5,413.1% in the third quarter, bringing its total holdings to 60,534 shares valued at $11.64 million. Other institutional investors have also adjusted their positions in the real estate investment trust. Analysts currently rate American Tower as a “Moderate Buy” with an average price target of $218.79.
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ING Groep NV Has $11.64 Million Position in American Tower Corporation $AMT
ING Groep NV significantly increased its stake in American Tower Corporation (NYSE:AMT) by 5,413.1% in the third quarter, bringing its total holdings to 60,534 shares valued at $11.64 million. Other institutional investors have also adjusted their positions in the real estate investment trust. Analysts currently rate American Tower as a “Moderate Buy” with an average price target of $218.79.