Crown Castle Inc. $CCI Stock Position Lowered by Cooke & Bieler LP

Cooke & Bieler LP cut its holdings in Crown Castle Inc. (NYSE:CCI) by 24.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,060,322 shares of the real estate investment trust’s stock after selling 666,956 shares during the period. Crown Castle accounts for 2.0% of Cooke & Bieler LP’s investment portfolio, making the stock its 11th biggest position. Cooke & Bieler LP owned approximately 0.48% of Crown Castle worth $137,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CCI. Pingora Partners LLC bought a new position in shares of Crown Castle in the second quarter worth $30,000. Hilton Head Capital Partners LLC grew its position in shares of Crown Castle by 55.6% in the first quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 134 shares in the last quarter. Global Assets Advisory LLC purchased a new position in shares of Crown Castle in the first quarter valued at $32,000. Anchor Investment Management LLC raised its stake in shares of Crown Castle by 242.8% during the 2nd quarter. Anchor Investment Management LLC now owns 473 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 335 shares during the period. Finally, J.Safra Asset Management Corp bought a new stake in shares of Crown Castle during the 2nd quarter valued at $42,000. Institutional investors own 90.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CCI shares. BMO Capital Markets reissued an “outperform” rating and set a $93.00 price objective on shares of Crown Castle in a report on Monday. Truist Financial cut their target price on Crown Castle from $95.00 to $87.00 and set a “hold” rating for the company in a research note on Tuesday, July 28th. Weiss Ratings lowered Crown Castle from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. The Goldman Sachs Group started coverage on Crown Castle in a report on Friday, June 26th. They set a “neutral” rating and a $95.00 target price for the company. Finally, Citizens Jmp decreased their price target on Crown Castle from $125.00 to $120.00 and set a “market outperform” rating on the stock in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $93.97.

Crown Castle Price Performance

NYSE CCI opened at $78.85 on Thursday. Crown Castle Inc. has a 1 year low of $65.32 and a 1 year high of $100.50. The stock has a market capitalization of $33.55 billion, a PE ratio of 18.48, a P/E/G ratio of 0.73 and a beta of 0.94. The company’s 50 day simple moving average is $74.17 and its two-hundred day simple moving average is $80.58.

Crown Castle (NYSE:CCI) last announced its quarterly earnings results on Wednesday, October 21st. The real estate investment trust reported $1.24 EPS for the quarter, beating the consensus estimate of $0.69 by $0.55. The firm had revenue of $995.00 million during the quarter, compared to the consensus estimate of $1.01 billion. Crown Castle had a net margin of 20.71% and a negative return on equity of 51.60%. The business’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period last year, the firm earned $1.12 EPS. On average, research analysts anticipate that Crown Castle Inc. will post 4.38 EPS for the current year.

Crown Castle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were given a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Tuesday, September 15th. Crown Castle’s dividend payout ratio (DPR) is 215.74%.

More Crown Castle News

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

• Positive Sentiment: Third-quarter funds from operations (FFO) increased to $1.24 per share from $1.12 a year earlier and exceeded the $1.20 consensus estimate, providing evidence of solid underlying cash-flow performance. Crown Castle Tops Q3 FFO Estimates
• Positive Sentiment: Crown Castle raised its full-year 2026 site-rental-revenue outlook midpoint to $3.875 billion, $20 million above its previous forecast. Full-year net income is projected at $895 million, up 102% from 2025’s $444 million. Crown Castle Reports Third Quarter 2026 Results and Updates Outlook
• Positive Sentiment: UBS issued a Buy rating on Crown Castle, offering additional analyst support for the stock. UBS Releases a Buy Rating on Crown Castle
• Neutral Sentiment: The company reported a sharp increase in projected net income, but the outlook still calls for 2026 site-rental revenue of $3.875 billion, down 4% from 2025’s $4.049 billion. Crown Castle Reports Third Quarter 2026 Results and Updates Outlook
• Negative Sentiment: Third-quarter EPS was $0.67, below the $0.69 analyst consensus, while revenue of $995 million missed expectations of $1.01 billion. The revenue shortfall likely outweighed the FFO beat for investors. Compared to Estimates, Crown Castle Q3 Earnings

Insider Activity

In related news, VP Robert Collins sold 1,500 shares of Crown Castle stock in a transaction on Friday, August 7th. The stock was sold at an average price of $75.89, for a total transaction of $113,835.00. Following the completion of the sale, the vice president owned 5,113 shares of the company’s stock, valued at approximately $388,025.57. This trade represents a 22.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.09% of the company’s stock.

Crown Castle Profile

Crown Castle Inc (NYSE: CCI) is a real estate investment trust that owns, operates and leases communications infrastructure in the United States. Its assets support wireless carriers, broadcasters, government agencies and other communications providers by enabling the transmission of voice, data and video services.

The company’s infrastructure has historically included approximately 40,000 cell towers, about 90,000 route miles of fiber and a large portfolio of small-cell installations.