Traders bought shares of Crown Castle International Corp. (NYSE:CCI) on weakness during trading hours on Thursday. $57.74 million flowed into the stock on the tick-up and $22.94 million flowed out of the stock on the tick-down, for a money net flow of $34.80 million into the stock. Of all companies tracked, Crown Castle International Corp. had the 3rd highest net in-flow for the day. Crown Castle International Corp. traded down ($0.28) for the day and closed at $94.49

Several analysts have weighed in on the company. Jefferies Group reissued a “buy” rating on shares of Crown Castle International Corp. in a report on Monday. Zacks Investment Research lowered Crown Castle International Corp. from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. Morgan Stanley reissued an “overweight” rating and issued a $103.00 target price on shares of Crown Castle International Corp. in a report on Friday, July 22nd. Stifel Nicolaus upped their target price on Crown Castle International Corp. from $103.00 to $110.00 and gave the company a “buy” rating in a report on Friday, July 22nd. Finally, Barclays PLC lowered their target price on Crown Castle International Corp. from $100.00 to $91.00 and set an “equal weight” rating on the stock in a report on Thursday, July 21st. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $102.07.

The company has a 50-day moving average price of $97.13 and a 200-day moving average price of $91.25. The stock has a market cap of $31.90 billion and a P/E ratio of 95.16.

Crown Castle International Corp. (NYSE:CCI) last issued its quarterly earnings results on Thursday, July 21st. The real estate investment trust reported $1.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.16. The firm had revenue of $962.40 million for the quarter, compared to analyst estimates of $948.85 million. Analysts anticipate that Crown Castle International Corp. will post $4.68 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 16th will be issued a $0.885 dividend. This represents a $3.54 dividend on an annualized basis and a dividend yield of 3.75%.

Other institutional investors recently modified their holdings of the company. Suntrust Banks Inc. boosted its position in shares of Crown Castle International Corp. by 111.4% in the fourth quarter. Suntrust Banks Inc. now owns 14,260 shares of the real estate investment trust’s stock worth $1,231,000 after buying an additional 7,514 shares during the last quarter. American International Group Inc. boosted its position in shares of Crown Castle International Corp. by 3.9% in the fourth quarter. American International Group Inc. now owns 172,536 shares of the real estate investment trust’s stock worth $14,916,000 after buying an additional 6,397 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Crown Castle International Corp. by 2.9% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 858,062 shares of the real estate investment trust’s stock worth $74,180,000 after buying an additional 24,291 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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