Crown Castle Inc. $CCI Shares Bought by Andra AP fonden

Andra AP fonden boosted its holdings in shares of Crown Castle Inc. (NYSE:CCI) by 163.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 79,848 shares of the real estate investment trust’s stock after buying an additional 49,543 shares during the quarter. Andra AP fonden’s holdings in Crown Castle were worth $6,492,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Crown Castle by 9.9% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 672,933 shares of the real estate investment trust’s stock worth $60,086,000 after acquiring an additional 60,497 shares during the period. Cooke & Bieler LP grew its position in shares of Crown Castle by 21.2% in the fourth quarter. Cooke & Bieler LP now owns 2,930,797 shares of the real estate investment trust’s stock valued at $260,460,000 after purchasing an additional 511,763 shares during the period. Aberdeen Group plc grew its position in shares of Crown Castle by 13.9% in the fourth quarter. Aberdeen Group plc now owns 1,052,667 shares of the real estate investment trust’s stock valued at $93,551,000 after purchasing an additional 128,212 shares during the period. Skylands Capital LLC increased its stake in shares of Crown Castle by 6.2% during the fourth quarter. Skylands Capital LLC now owns 262,050 shares of the real estate investment trust’s stock worth $23,288,000 after purchasing an additional 15,300 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of Crown Castle by 1.0% during the fourth quarter. Fisher Asset Management LLC now owns 5,506,580 shares of the real estate investment trust’s stock worth $489,370,000 after purchasing an additional 54,078 shares in the last quarter. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Crown Castle Trading Up 2.0%

CCI opened at $77.73 on Thursday. The firm has a market capitalization of $33.93 billion, a PE ratio of 32.12, a PEG ratio of 0.39 and a beta of 0.95. Crown Castle Inc. has a twelve month low of $73.75 and a twelve month high of $115.76. The firm’s 50-day moving average price is $84.87 and its 200 day moving average price is $85.91.

Crown Castle (NYSE:CCI) last released its quarterly earnings data on Wednesday, April 22nd. The real estate investment trust reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.55. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $995.41 million. Crown Castle had a net margin of 25.13% and a negative return on equity of 64.64%. Crown Castle’s quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 EPS. As a group, analysts predict that Crown Castle Inc. will post 4.22 earnings per share for the current fiscal year.

Crown Castle Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $1.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.5%. Crown Castle’s dividend payout ratio is 175.62%.

Crown Castle News Roundup

Here are the key news stories impacting Crown Castle this week:

• Positive Sentiment: Crown Castle reported quarterly FFO of $1.13 per share, beating the Zacks consensus estimate of $1.00, while revenue of about $1.01 billion also came in slightly above expectations.
• Positive Sentiment: The company raised its full-year 2026 EPS guidance to $4.53-$4.65, above the prior outlook and above analyst expectations, signaling better-than-expected earnings momentum.
• Positive Sentiment: Management also nudged up its 2026 AFFO outlook and increased expected net income, suggesting stronger cash generation and profitability than previously forecast.
• Neutral Sentiment: Reported quarterly EPS of $0.22 missed one consensus estimate, but the miss appears less important to investors than the stronger FFO and guidance update.
• Neutral Sentiment: Year-over-year revenue was still down 4.9%, indicating the core business remains under some pressure even as earnings expectations improve.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CCI. Scotiabank decreased their price target on shares of Crown Castle from $94.00 to $91.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 7th. Barclays boosted their price objective on Crown Castle from $91.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. KeyCorp increased their target price on Crown Castle from $98.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Truist Financial assumed coverage on Crown Castle in a research report on Tuesday, March 31st. They issued a “hold” rating and a $90.00 target price on the stock. Finally, Jefferies Financial Group lifted their price target on Crown Castle from $84.00 to $89.00 and gave the stock a “hold” rating in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $98.52.

Crown Castle 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.