6,312 Shares in Crown Castle Inc. $CCI Bought by Churchill Financial Advisors LLC

Churchill Financial Advisors LLC bought a new position in Crown Castle Inc. (NYSE:CCI) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,312 shares of the real estate investment trust’s stock, valued at approximately $561,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wiser Advisor Group LLC purchased a new position in Crown Castle in the 3rd quarter worth $29,000. LRI Investments LLC purchased a new position in Crown Castle in the 3rd quarter worth $29,000. Triumph Capital Management purchased a new position in Crown Castle in the 3rd quarter worth $31,000. KERR FINANCIAL PLANNING Corp purchased a new position in Crown Castle in the 3rd quarter worth $31,000. Finally, Cornerstone Planning Group LLC raised its stake in Crown Castle by 269.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 381 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Insider Transactions at Crown Castle

In other news, EVP Edward B. Adams, Jr. sold 4,650 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $86.34, for a total transaction of $401,481.00. Following the sale, the executive vice president directly owned 25,183 shares in the company, valued at $2,174,300.22. This trade represents a 15.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert Sean Collins sold 3,000 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $87.49, for a total value of $262,470.00. Following the sale, the vice president owned 5,800 shares in the company, valued at $507,442. This trade represents a 34.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.09% of the stock is owned by company insiders.

Crown Castle Stock Performance

Shares of CCI opened at $91.42 on Monday. The business’s 50-day moving average is $86.24 and its two-hundred day moving average is $87.61. The company has a market capitalization of $39.90 billion, a P/E ratio of 37.78, a P/E/G ratio of 0.46 and a beta of 0.93. Crown Castle Inc. has a fifty-two week low of $75.96 and a fifty-two week high of $115.76.

Crown Castle (NYSE:CCI) last announced its quarterly earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.55. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $995.42 million. Crown Castle had a negative return on equity of 64.64% and a net margin of 25.13%.The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period last year, the firm earned $1.10 EPS. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. Analysts forecast that Crown Castle Inc. will post 4.22 EPS for the current year.

Crown Castle Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $1.0625 per share. The ex-dividend date is Monday, June 15th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.6%. Crown Castle’s dividend payout ratio (DPR) is 175.62%.

Analyst Upgrades and Downgrades

CCI has been the subject of a number of research analyst reports. Citigroup reduced their target price on Crown Castle from $110.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Jefferies Financial Group raised their target price on Crown Castle from $84.00 to $89.00 and gave the stock a “hold” rating in a research note on Tuesday, April 14th. Scotiabank cut their price target on Crown Castle from $94.00 to $91.00 and set a “sector perform” rating on the stock in a research report on Tuesday, April 7th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $85.00 price target (down from $90.00) on shares of Crown Castle in a research report on Monday, March 23rd. Finally, Barclays increased their price target on Crown Castle from $91.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Crown Castle presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.52.

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.