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Princeton Portfolio Strategies Group Has Cut American Tower Class (AMT) Holding By $380,120; Edison International (EIX) Has 1.25 Sentiment

Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The company has market cap of $20.68 billion. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It has a 36.9 P/E ratio. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks.

Princeton Portfolio Strategies Group Llc decreased American Tower Corp Class (AMT) stake by 4.91% reported in 2017Q3 SEC filing. Princeton Portfolio Strategies Group Llc sold 2,795 shares as American Tower Corp Class (AMT)’s stock rose 18.69%. The Princeton Portfolio Strategies Group Llc holds 54,150 shares with $7.40M value, down from 56,945 last quarter. American Tower Corp Class now has $62.50 billion valuation. The stock increased 1.67% or $2.3699 during the last trading session, reaching $144.6999. About 1.28 million shares traded. American Tower Corporation (NYSE:AMT) has risen 23.66% since March 22, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.

Since September 29, 2017, it had 0 insider buys, and 7 insider sales for $16.22 million activity. $4.11 million worth of stock was sold by HESS WILLIAM H on Saturday, March 10. TAICLET JAMES D JR also sold $4.94 million worth of American Tower Corporation (NYSE:REIT) on Monday, December 11. DiSanto Edmund had sold 10,000 shares worth $1.36M. Another trade for 845 shares valued at $124,071 was made by REED JOANN A on Wednesday, March 14. The insider THOMPSON SAMME L sold $715,800. 1,584 American Tower Corporation (NYSE:REIT) shares with value of $228,793 were sold by SHARBUTT DAVID E.

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.05, from 1.2 in 2017Q2. It improved, as 36 investors sold AMT shares while 287 reduced holdings. 102 funds opened positions while 287 raised stakes. 378.31 million shares or 1.55% less from 384.25 million shares in 2017Q2 were reported. Dorsal Capital Mgmt Ltd Liability Company has 625,000 shares. Comm Fincl Bank invested in 0.03% or 17,239 shares. Martingale Asset Mgmt Limited Partnership reported 0.02% in American Tower Corporation (NYSE:REIT). First Personal Svcs reported 0.07% stake. 17,311 were reported by Truenorth. Burney Communication reported 2,101 shares. Efg Asset Management (Americas) has invested 1.13% in American Tower Corporation (NYSE:REIT). The Pennsylvania-based First Tru Co has invested 0.05% in American Tower Corporation (NYSE:REIT). Beck Mack And Oliver Ltd Llc stated it has 0.01% of its portfolio in American Tower Corporation (NYSE:REIT). Nj State Employees Deferred Compensation Plan owns 30,000 shares. 18,336 are held by Hudson Valley Inv Advisors Incorporated Adv. Capital Intl Ca has invested 0.69% in American Tower Corporation (NYSE:REIT). Mitchell Mcleod Pugh And Williams holds 5,815 shares or 0.59% of its portfolio. Smithfield Trust holds 0.03% of its portfolio in American Tower Corporation (NYSE:REIT) for 1,547 shares. Union Bancorp Corporation reported 2,102 shares.

Among 19 analysts covering American Tower Corporation (NYSE:AMT), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. American Tower Corporation had 71 analyst reports since August 6, 2015 according to SRatingsIntel. Argus Research maintained the shares of AMT in report on Thursday, August 3 with “Buy” rating. The rating was maintained by RBC Capital Markets on Friday, April 28 with “Outperform”. The rating was maintained by Cowen & Co with “Buy” on Monday, October 23. The rating was maintained by Morgan Stanley on Wednesday, December 13 with “Overweight”. The stock has “Buy” rating by RBC Capital Markets on Thursday, June 8. The firm has “Buy” rating by Jefferies given on Monday, July 3. The stock has “Buy” rating by Oppenheimer on Wednesday, December 20. Morgan Stanley upgraded the shares of AMT in report on Thursday, August 6 to “Overweight” rating. The company was maintained on Monday, October 2 by RBC Capital Markets. The stock has “Buy” rating by Citigroup on Wednesday, August 10.

Crow Point Partners Llc holds 6.02% of its portfolio in Edison International for 485,000 shares. Rare Infrastructure Ltd owns 589,265 shares or 3.31% of their US portfolio. Moreover, Alethea Capital Management Llc has 2.87% invested in the company for 31,711 shares. The New Jersey-based Reaves W H & Co Inc has invested 2.15% in the stock. Global Thematic Partners Llc, a New York-based fund reported 821,589 shares.

The stock increased 2.47% or $1.53 during the last trading session, reaching $63.46. About 1.61M shares traded. Edison International (EIX) has risen 12.39% since March 22, 2017 and is uptrending. It has underperformed by 4.31% the S&P500.

Analysts await Edison International (NYSE:EIX) to report earnings on May, 7. They expect $0.94 EPS, down 14.55% or $0.16 from last year’s $1.1 per share. EIX’s profit will be $306.26 million for 16.88 P/E if the $0.94 EPS becomes a reality. After $1.10 actual EPS reported by Edison International for the previous quarter, Wall Street now forecasts -14.55% negative EPS growth.

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