Universal Beteiligungs und Servicegesellschaft mbH Boosts Holdings in Crown Castle Inc. $CCI

Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Crown Castle Inc. (NYSE:CCIFree Report) by 9.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 672,933 shares of the real estate investment trust’s stock after purchasing an additional 60,497 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Crown Castle were worth $60,086,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CCI. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Crown Castle by 591.8% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,471,120 shares of the real estate investment trust’s stock worth $431,418,000 after buying an additional 3,824,778 shares during the last quarter. Invesco Ltd. increased its stake in shares of Crown Castle by 33.2% in the third quarter. Invesco Ltd. now owns 6,437,685 shares of the real estate investment trust’s stock worth $621,172,000 after buying an additional 1,605,291 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in shares of Crown Castle in the third quarter worth $121,726,000. Daiwa Securities Group Inc. increased its stake in shares of Crown Castle by 42.3% in the third quarter. Daiwa Securities Group Inc. now owns 3,931,258 shares of the real estate investment trust’s stock worth $379,327,000 after buying an additional 1,168,132 shares during the last quarter. Finally, Man Group plc increased its stake in shares of Crown Castle by 237.0% in the third quarter. Man Group plc now owns 1,601,500 shares of the real estate investment trust’s stock worth $154,529,000 after buying an additional 1,126,221 shares during the last quarter. Institutional investors own 90.77% of the company’s stock.

Insider Buying and Selling at Crown Castle

In other Crown Castle news, VP Robert Sean Collins sold 3,000 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $87.49, for a total transaction of $262,470.00. Following the completion of the sale, the vice president owned 5,800 shares in the company, valued at $507,442. The trade was a 34.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Edward B. Adams, Jr. sold 4,650 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $86.34, for a total transaction of $401,481.00. Following the sale, the executive vice president owned 25,183 shares of the company’s stock, valued at approximately $2,174,300.22. The trade was a 15.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. UBS Group dropped their price target on shares of Crown Castle from $116.00 to $105.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Zacks Research upgraded shares of Crown Castle from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Truist Financial assumed coverage on shares of Crown Castle in a research note on Tuesday, March 31st. They issued a “hold” rating and a $90.00 price target for the company. The Goldman Sachs Group dropped their price target on shares of Crown Castle from $105.00 to $95.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Finally, HSBC dropped their price target on shares of Crown Castle from $107.00 to $88.40 and set a “hold” rating for the company in a research note on Thursday, February 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $98.86.

Read Our Latest Stock Report on Crown Castle

Crown Castle Price Performance

CCI stock opened at $85.92 on Thursday. Crown Castle Inc. has a 1-year low of $75.96 and a 1-year high of $115.76. The firm has a fifty day moving average price of $86.14 and a two-hundred day moving average price of $88.62. The firm has a market cap of $37.49 billion, a price-to-earnings ratio of 85.07, a PEG ratio of 0.43 and a beta of 0.94.

Crown Castle (NYSE:CCIGet Free Report) last released its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.55. Crown Castle had a net margin of 10.41% and a negative return on equity of 76.56%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $995.42 million. During the same quarter in the previous year, the firm earned $1.10 earnings per share. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. As a group, analysts expect that Crown Castle Inc. will post 4.23 EPS for the current fiscal year.

Crown Castle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $1.0625 per share. The ex-dividend date was Friday, March 13th. This represents a $4.25 annualized dividend and a yield of 4.9%. Crown Castle’s payout ratio is presently 420.79%.

Key Headlines Impacting Crown Castle

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

Crown Castle Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Crown Castle (NYSE:CCI)

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