Alliancebernstein L.P. raised its stake in American Tower Co. ( NYSE:AMT – Get Rating ) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,869,123 shares of the real estate investment trust's stock after buying an additional 97,514 shares during the quarter. Alliancebernstein L.P.'s holdings in American Tower were worth $830,700,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock.

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