Waterloo Capital L.P. significantly increased its stake in American Tower Corporation (NYSE:AMT) by 87.4% in Q3, now holding shares valued at approximately $3.87 million. While American Tower offers a 4.0% dividend yield, its payout ratio of 108.63% indicates it exceeds reported earnings. Institutional investors collectively own 92.69% of the company’s stock, though a major shareholder recently sold a substantial portion of its holdings.
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Waterloo Capital L.P. Has $3.87 Million Position in American Tower Corporation $AMT
Waterloo Capital L.P. significantly increased its stake in American Tower Corporation (NYSE:AMT) by 87.4% in Q3, now holding shares valued at approximately $3.87 million. While American Tower offers a 4.0% dividend yield, its payout ratio of 108.63% indicates it exceeds reported earnings. Institutional investors collectively own 92.69% of the company’s stock, though a major shareholder recently sold a substantial portion of its holdings.