Envestnet Asset Management Inc. lowered its holdings in shares of Crown Castle Inc. (NYSE:CCI – Free Report) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,020,345 shares of the real estate investment trust’s stock after selling 12,644 shares during the period. Envestnet Asset Management Inc. owned approximately 0.23% of Crown Castle worth $98,453,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Winnow Wealth LLC bought a new stake in shares of Crown Castle during the second quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Crown Castle during the 2nd quarter worth about $27,000. NewSquare Capital LLC raised its position in shares of Crown Castle by 74.5% during the 2nd quarter. NewSquare Capital LLC now owns 281 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 120 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of Crown Castle in the 3rd quarter worth approximately $29,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in shares of Crown Castle by 47.8% in the second quarter. Creative Financial Designs Inc. ADV now owns 303 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company’s stock.
Crown Castle News Roundup
Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Q4 results beat estimates — Crown Castle topped AFFO/FFO and revenue consensus (FFO $1.12 vs. $1.07 estimate) and flagged stronger services revenue growth, which supports near‑term cash flow expectations. Article Title
- Positive Sentiment: Earnings and revenue surprises reinforced by multiple outlets reporting beats — these beats likely underpin buying interest and justify the stock strength despite other headwinds. Article Title
- Neutral Sentiment: Management commentary and investor presentation are available (earnings call transcript & slides); investors should review guidance details and management’s outlook for EBITDA, capital allocation and DISH exposure to assess longer‑term impact. Article Title
- Negative Sentiment: Banks and analysts broadly trimmed price targets this week (examples: Citi to $106 from $110, Goldman to $95 from $105, HSBC to $88.40 from $107, BMO to $91), and several firms moved ratings toward neutral/hold — these cuts signal reduced near‑term upside in street models and are pressuring sentiment. Article Title Article Title
- Negative Sentiment: Management issued softer EBITDA guidance and announced job cuts; media noted the stock dipped on that news — weaker guidance increases execution risk and could limit multiple expansion. Article Title
- Negative Sentiment: External tenant risk remains (reports discuss DISH-related uncertainty/default risk affecting tower demand), a macro/regulatory or tenant‑specific shock could weigh on occupancy and cash flow. Article Title
Crown Castle Trading Up 3.4%
Analyst Upgrades and Downgrades
Several brokerages recently commented on CCI. UBS Group dropped their target price on Crown Castle from $116.00 to $105.00 and set a “buy” rating on the stock in a report on Thursday. Barclays reissued an “equal weight” rating and issued a $101.00 price objective (down previously from $104.00) on shares of Crown Castle in a research note on Monday, December 1st. JPMorgan Chase & Co. decreased their target price on Crown Castle from $110.00 to $95.00 and set a “neutral” rating for the company in a research note on Thursday. KeyCorp dropped their price target on shares of Crown Castle from $115.00 to $98.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Raymond James Financial cut their price target on shares of Crown Castle from $120.00 to $106.00 and set a “strong-buy” rating for the company in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $100.61.
Check Out Our Latest Stock Report on Crown Castle
Crown Castle Company Profile
Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company’s assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.
Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.
Featured Articles
- Five stocks we like better than Crown Castle
- Trade this between 9:30 and 10:45 am EST
- The $650 Million Bet on AI’s Future
- The gold chart Wall Street is terrified of…
- The buying spree that no one is talking about
- Trump’s AI Secret: 100X Faster Than Nvidia
Want to see what other hedge funds are holding CCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crown Castle Inc. (NYSE:CCI – Free Report).
Receive News & Ratings for Crown Castle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown Castle and related companies with MarketBeat.com's FREE daily email newsletter.
