London Co. of Virginia Cuts Stock Position in Crown Castle Inc. $CCI

London Co. of Virginia lessened its holdings in shares of Crown Castle Inc. (NYSE:CCI) by 1.5% during the 1st quarter, Holdings Channel reports. The firm owned 1,208,595 shares of the real estate investment trust’s stock after selling 18,666 shares during the period. London Co. of Virginia’s holdings in Crown Castle were worth $98,273,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wiser Advisor Group LLC acquired a new position in shares of Crown Castle in the third quarter valued at approximately $29,000. Hilton Head Capital Partners LLC lifted its holdings in Crown Castle by 55.6% during the 1st quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 134 shares in the last quarter. Triumph Capital Management acquired a new stake in Crown Castle during the 3rd quarter worth approximately $31,000. Global Assets Advisory LLC purchased a new position in Crown Castle in the 1st quarter valued at approximately $32,000. Finally, Salomon & Ludwin LLC boosted its position in Crown Castle by 128.7% in the 4th quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 215 shares during the period. Hedge funds and other institutional investors own 90.77% of the company’s stock.

More Crown Castle News

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

• Positive Sentiment: Crown Castle beat Q2 expectations on key measures, including FFO and revenue, helped by lower interest expense. The company also updated full-year 2026 outlook, which suggests management sees improved operating momentum and progress from asset sales, debt repayment, and land investments. Crown Castle Reports Second Quarter 2026 Results and Updates Outlook for Full Year 2026
• Positive Sentiment: Analysts remain generally constructive despite trimming targets: Citigroup kept a buy rating, Citizens JMP kept market outperform, TD Cowen kept buy, and RBC kept outperform. Even with lower targets, the firms still see meaningful upside from current levels, signaling that expectations for CCI remain relatively favorable. Analyst price target updates
• Neutral Sentiment: Multiple analysts lowered price targets after the earnings release, including Citigroup to $98 from $106, Citizens JMP to $120 from $125, JPMorgan to $85 from $95, TD Cowen to $92 from $94, and RBC to $90 from $92. The cuts reflect a more cautious valuation stance, but not a bearish shift in ratings overall. Analyst price target updates
• Neutral Sentiment: Other coverage highlighted that Q2 results beat estimates even as site-rental revenue was affected by certain items, suggesting the quarter was solid but still showed some business mix or timing pressure. Crown Castle Q2 earnings beat even as site rental revenue impacted by items
• Negative Sentiment: Despite the earnings beat, the stock remains well below its recent highs, and the repeated target cuts may indicate analysts are resetting expectations for slower growth or a lower valuation multiple going forward. Analyst price target updates

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CCI shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Crown Castle in a research report on Friday, May 22nd. BMO Capital Markets increased their price objective on Crown Castle from $91.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Citizens Jmp decreased their target price on Crown Castle from $125.00 to $120.00 and set a “market outperform” rating for the company in a report on Friday. KeyCorp boosted their target price on Crown Castle from $98.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, Barclays upped their price target on Crown Castle from $91.00 to $92.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, Crown Castle has an average rating of “Moderate Buy” and an average target price of $95.92.

Crown Castle Price Performance

NYSE:CCI opened at $74.94 on Friday. Crown Castle Inc. has a 12 month low of $73.75 and a 12 month high of $113.80. The firm has a market capitalization of $32.71 billion, a PE ratio of 38.04, a price-to-earnings-growth ratio of 0.38 and a beta of 0.95. The business’s fifty day moving average price is $84.38 and its 200 day moving average price is $85.74.

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 (EPS) for the quarter, topping 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 negative return on equity of 51.60% and a net margin of 20.71%.Crown Castle’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.10 EPS. As a group, equities analysts anticipate that Crown Castle Inc. will post 4.39 EPS for the current year.

Crown Castle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued 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 5.7%. Crown Castle’s dividend payout ratio is presently 215.74%.

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.