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Teacher Retirement System of Texas Acquires 143,851 Shares of American Tower Corporation $AMT
The Teacher Retirement System of Texas significantly increased its stake in American Tower Corporation (NYSE:AMT) by 117.8% in Q4, adding 143,851 shares to now hold 266,005 shares valued at approximately $46.7 million. Despite missing Q4 EPS estimates, American Tower beat revenue expectations and raised its quarterly dividend. The company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $217.33.