Shares of Crown Castle International Corp. (NYSE:CCI) fell 0.3% during trading on Friday . The stock traded as low as $101.15 and last traded at $101.23, with a volume of 927,998 shares traded. The stock had previously closed at $101.51.

Several brokerages recently commented on CCI. Deutsche Bank AG reiterated a “buy” rating and set a $99.00 price target on shares of Crown Castle International Corp. in a research report on Tuesday, May 31st. Zacks Investment Research cut Crown Castle International Corp. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 26th. Jefferies Group reissued a “buy” rating on shares of Crown Castle International Corp. in a research note on Monday, April 25th. Cowen and Company reissued an “outperform” rating and set a $100.00 price objective (up previously from $94.00) on shares of Crown Castle International Corp. in a research note on Monday, April 25th. Finally, Stifel Nicolaus boosted their price objective on Crown Castle International Corp. from $95.00 to $97.00 and gave the stock a “buy” rating in a research note on Monday, April 25th. Three investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $98.62.

The stock has a 50-day moving average of $94.81 and a 200-day moving average of $88.20. The stock has a market cap of $34.15 billion and a PE ratio of 24.41.

Crown Castle International Corp. (NYSE:CCI) last released its quarterly earnings results on Thursday, April 21st. The real estate investment trust reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.05. The company had revenue of $934.40 million for the quarter, compared to analysts’ expectations of $934.88 million. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.15 EPS. On average, equities research analysts forecast that Crown Castle International Corp. will post $4.72 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Friday, June 17th were given a dividend of $0.885 per share. This represents a $3.54 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend was Wednesday, June 15th.

In other Crown Castle International Corp. news, VP Philip M. Kelley sold 46,951 shares of the firm’s stock in a transaction on Wednesday, April 27th. The stock was sold at an average price of $87.69, for a total transaction of $4,117,133.19. Following the completion of the transaction, the vice president now owns 95,010 shares of the company’s stock, valued at $8,331,426.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Other institutional investors recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Crown Castle International Corp. by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 122,986 shares of the real estate investment trust’s stock valued at $10,634,000 after buying an additional 2,551 shares during the last quarter. Stephens Inc. AR increased its position in Crown Castle International Corp. by 47.8% in the fourth quarter. Stephens Inc. AR now owns 42,110 shares of the real estate investment trust’s stock valued at $3,640,000 after buying an additional 13,617 shares during the last quarter. Jennison Associates LLC increased its position in Crown Castle International Corp. by 6.5% in the fourth quarter. Jennison Associates LLC now owns 3,787,403 shares of the real estate investment trust’s stock valued at $327,421,000 after buying an additional 231,012 shares during the last quarter. US Bancorp DE increased its position in Crown Castle International Corp. by 23.1% in the fourth quarter. US Bancorp DE now owns 72,448 shares of the real estate investment trust’s stock valued at $6,263,000 after buying an additional 13,607 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in Crown Castle International Corp. by 75.4% in the fourth quarter. Advisors Asset Management Inc. now owns 43,435 shares of the real estate investment trust’s stock valued at $3,755,000 after buying an additional 18,677 shares during the last quarter.

Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests).

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