Connor Clark & Lunn Investment Management LTD Lowered By $1.12 Million Its Fidelity Southern (LION) Stake; Cortland Advisers Has Cut American Tower (AMT) Holding

January 14, 2018 - By Stephen Andrade

Connor Clark & Lunn Investment Management Ltd decreased Fidelity Southern Corp (LION) stake by 44.7% reported in 2017Q3 SEC filing. Connor Clark & Lunn Investment Management Ltd sold 48,616 shares as Fidelity Southern Corp (LION)’s stock declined 11.32%. The Connor Clark & Lunn Investment Management Ltd holds 60,139 shares with $1.42 million value, down from 108,755 last quarter. Fidelity Southern Corp now has $622.28M valuation. The stock increased 1.13% or $0.26 during the last trading session, reaching $23.19. About 49,041 shares traded. Fidelity Southern Corporation (NASDAQ:LION) has risen 36.36% since January 14, 2017 and is uptrending. It has outperformed by 19.66% the S&P500.

Cortland Advisers Llc decreased American Tower Corp (AMT) stake by 2.73% reported in 2017Q3 SEC filing. Cortland Advisers Llc sold 13,436 shares as American Tower Corp (AMT)’s stock rose 18.69%. The Cortland Advisers Llc holds 478,824 shares with $65.45 million value, down from 492,260 last quarter. American Tower Corp now has $57.04B valuation. The stock decreased 1.46% or $1.97 during the last trading session, reaching $133. About 3.20M shares traded or 52.83% up from the average. American Tower Corporation (NYSE:AMT) has risen 23.66% since January 14, 2017 and is uptrending. It has outperformed by 6.96% the S&P500.




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 67 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Buy” rating and $161.0 target in Thursday, September 21 report. The rating was maintained by RBC Capital Markets on Monday, May 2 with “Outperform”. The company was initiated on Tuesday, December 6 by Macquarie Research. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, July 30. On Friday, July 14 the stock rating was maintained by Deutsche Bank with “Buy”. The stock has “Overweight” rating by Morgan Stanley on Thursday, August 6. The stock of American Tower Corporation (NYSE:REIT) earned “Buy” rating by Citigroup on Monday, July 11. RBC Capital Markets maintained American Tower Corporation (NYSE:REIT) on Thursday, August 31 with “Buy” rating. Argus Research maintained it with “Buy” rating and $130 target in Wednesday, August 17 report. The rating was maintained by RBC Capital Markets on Wednesday, November 29 with “Buy”.

Investors sentiment increased to 1.2 in 2017 Q3. Its up 0.04, from 1.16 in 2017Q2. It is positive, 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. Wallington Asset Ltd holds 78,740 shares or 2.86% of its portfolio. Clarivest Asset Ltd Llc owns 149,223 shares or 0.45% of their US portfolio. Barton Investment Management owns 177,360 shares or 5.75% of their US portfolio. Daiwa Securities invested in 0.1% or 105,460 shares. Cleararc Capital reported 11,043 shares or 0.23% of all its holdings. Highland Mgmt LP holds 0.11% of its portfolio in American Tower Corporation (NYSE:REIT) for 17,500 shares. Moreover, Fifth Third Commercial Bank has 0.11% invested in American Tower Corporation (NYSE:REIT) for 116,380 shares. Covington Mgmt accumulated 0.01% or 809 shares. Dnb Asset Mgmt As reported 0.09% in American Tower Corporation (NYSE:REIT). Welch Forbes Lc stated it has 3,473 shares or 0.01% of all its holdings. Twin Focus Capital Ltd Liability reported 0.67% in American Tower Corporation (NYSE:REIT). 125,559 were accumulated by Wms Limited Co. Fort Washington Invest Oh invested in 24,513 shares or 0.05% of the stock. The Colorado-based Cetera Advisors Ltd Liability has invested 0.02% in American Tower Corporation (NYSE:REIT). Amf Pensionsforsakring Ab invested 0.92% of its portfolio in American Tower Corporation (NYSE:REIT).

Since August 18, 2017, it had 0 buys, and 9 selling transactions for $21.94 million activity. TAICLET JAMES D JR had sold 34,667 shares worth $4.94 million on Monday, December 11. $1.38 million worth of American Tower Corporation (NYSE:REIT) was sold by DiSanto Edmund. THOMPSON SAMME L sold $715,800 worth of stock or 5,000 shares. 5,000 American Tower Corporation (NYSE:REIT) shares with value of $717,450 were sold by REEVE PAMELA D A. Sharma Amit sold 20,747 shares worth $2.90 million. SHARBUTT DAVID E sold $228,793 worth of American Tower Corporation (NYSE:REIT) on Wednesday, December 13.

Among 6 analysts covering Fidelity Southern Corp (NASDAQ:LION), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Fidelity Southern Corp had 10 analyst reports since July 17, 2015 according to SRatingsIntel. As per Friday, July 22, the company rating was upgraded by Keefe Bruyette & Woods. Stephens maintained Fidelity Southern Corporation (NASDAQ:LION) on Tuesday, July 25 with “Hold” rating. The stock of Fidelity Southern Corporation (NASDAQ:LION) earned “Hold” rating by Stephens on Friday, June 23. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Outperform” rating by Wood given on Friday, July 22. Keefe Bruyette & Woods maintained it with “Buy” rating and $2500 target in Monday, June 26 report. Robert W. Baird maintained the shares of LION in report on Monday, October 23 with “Hold” rating. The firm earned “Buy” rating on Tuesday, October 3 by Keefe Bruyette & Woods. The rating was initiated by FBR Capital with “Market Perform” on Wednesday, May 18.

Connor Clark & Lunn Investment Management Ltd increased Mosaic Co (New) (Holding Company) (NYSE:MOS) stake by 42,675 shares to 109,975 valued at $2.37 million in 2017Q3. It also upped Rayonier Advanced Materials (NYSE:RYAM) stake by 167,935 shares and now owns 1.03 million shares. Check Point Software Tech (NASDAQ:CHKP) was raised too.

Analysts await Fidelity Southern Corporation (NASDAQ:LION) to report earnings on January, 18. They expect $0.30 EPS, down 47.37% or $0.27 from last year’s $0.57 per share. LION’s profit will be $8.05 million for 19.33 P/E if the $0.30 EPS becomes a reality. After $0.30 actual EPS reported by Fidelity Southern Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since September 21, 2017, it had 1 insider buy, and 1 sale for $121,695 activity. BOCKEL DAVID R also sold $125,696 worth of Fidelity Southern Corporation (NASDAQ:LION) shares. SHEPHERD W CLYDE III bought $4,001 worth of stock.

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