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American Tower Corporation $AMT Shares Acquired by Van ECK Associates Corp
Van ECK Associates Corp has increased its stake in American Tower Corporation (NYSE:AMT) by 12.6% during the third quarter, now owning 166,297 shares valued at $31.98 million. Other institutional investors have also adjusted their positions in the real estate investment trust. Despite an insider sale by COO Eugene M. Noel, American Tower recently declared an increased quarterly dividend and received a “Moderate Buy” consensus rating from analysts.