Truist Financial Corp Cuts Stake in American Tower Corporation $AMT

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Truist Financial Corp reduced its stake in American Tower Corporation (NYSE:AMT) by 18.6% in the fourth quarter, selling 20,834 shares. Despite this, other institutional investors have increased their holdings, and insiders have made both purchases and sales. American Tower recently reported strong quarterly earnings, exceeding analyst estimates, and increased its quarterly dividend.

TFC-0.46%
AMT0.17%
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