Penserra Capital Management LLC Sells 83,179 Shares of Crown Castle Inc. $CCI

Penserra Capital Management LLC lowered its position in Crown Castle Inc. (NYSE:CCI) by 97.2% in the third quarter, Holdings Channel.com reports. The fund owned 2,410 shares of the real estate investment trust’s stock after selling 83,179 shares during the period. Penserra Capital Management LLC’s holdings in Crown Castle were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Winnow Wealth LLC acquired a new stake in Crown Castle during the second quarter worth $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Crown Castle during the 2nd quarter valued at about $27,000. NewSquare Capital LLC increased its stake in Crown Castle by 74.5% in the second quarter. NewSquare Capital LLC now owns 281 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 120 shares during the period. Creative Financial Designs Inc. ADV raised its position in 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 worth $31,000 after purchasing an additional 98 shares in the last quarter. Finally, LRI Investments LLC bought a new position in Crown Castle during the third quarter worth about $29,000. 90.77% of the stock is currently owned by institutional investors.

Crown Castle Stock Up 3.4%

Shares of NYSE CCI opened at $81.01 on Monday. Crown Castle Inc. has a 12-month low of $77.01 and a 12-month high of $115.76. The firm’s 50-day simple moving average is $87.47 and its 200 day simple moving average is $93.70. The company has a market cap of $35.28 billion, a price-to-earnings ratio of 80.21, a price-to-earnings-growth ratio of 0.41 and a beta of 0.96.

Crown Castle News Summary

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

Analysts Set New Price Targets

CCI has been the topic of several analyst reports. UBS Group lowered their price objective on Crown Castle from $116.00 to $105.00 and set a “buy” rating on the stock in a research note on Thursday. Raymond James Financial dropped their price objective on Crown Castle from $120.00 to $106.00 and set a “strong-buy” rating for the company in a research note on Friday, January 23rd. Wells Fargo & Company cut their price objective on Crown Castle from $105.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday. JPMorgan Chase & Co. lowered their target price on shares of Crown Castle from $110.00 to $95.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Jefferies Financial Group cut their price target on shares of Crown Castle from $90.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Crown Castle presently has a consensus rating of “Hold” and an average price target of $100.61.

About Crown Castle

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.