Tiaa Fsb acquired a new stake in shares of Crown Castle International Corporation (NYSE:CCI) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 78,076 shares of the real estate investment trust’s stock, valued at approximately $7,822,000.

Other institutional investors also recently modified their holdings of the company. Winslow Evans & Crocker Inc. boosted its holdings in shares of Crown Castle International Corporation by 36.0% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,050 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 278 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of Crown Castle International Corporation by 5.0% during the 2nd quarter. Capital Analysts LLC now owns 1,113 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 53 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Crown Castle International Corporation by 261.5% during the 1st quarter. Parallel Advisors LLC now owns 1,276 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 923 shares in the last quarter. Guardian Life Insurance Co. of America boosted its holdings in shares of Crown Castle International Corporation by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,391 shares of the real estate investment trust’s stock valued at $131,000 after buying an additional 10 shares in the last quarter. Finally, Solaris Asset Management LLC boosted its holdings in shares of Crown Castle International Corporation by 5.1% during the 2nd quarter. Solaris Asset Management LLC now owns 1,855 shares of the real estate investment trust’s stock valued at $186,000 after buying an additional 90 shares in the last quarter. 82.90% of the stock is currently owned by institutional investors and hedge funds.

Shares of Crown Castle International Corporation (NYSE:CCI) traded up 0.39% during trading on Thursday, reaching $102.24. 204,269 shares of the company were exchanged. The firm’s 50 day moving average is $104.44 and its 200 day moving average is $99.02. The firm has a market capitalization of $41.54 billion, a P/E ratio of 81.60 and a beta of 0.18. Crown Castle International Corporation has a 1-year low of $79.38 and a 1-year high of $108.88.

Crown Castle International Corporation (NYSE:CCI) last announced its quarterly earnings results on Wednesday, July 19th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.28 by $0.03. Crown Castle International Corporation had a return on equity of 6.21% and a net margin of 11.14%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm posted $1.05 earnings per share. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, equities analysts anticipate that Crown Castle International Corporation will post $1.16 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be paid a $0.95 dividend. The ex-dividend date is Thursday, September 14th. This represents a $3.80 annualized dividend and a yield of 3.73%. Crown Castle International Corporation’s dividend payout ratio (DPR) is presently 304.00%.

A number of analysts have recently commented on CCI shares. Bank of America Corporation boosted their target price on shares of Crown Castle International Corporation from $107.00 to $114.00 and gave the company a “buy” rating in a report on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating and set a $107.00 target price on shares of Crown Castle International Corporation in a report on Tuesday, August 29th. Citigroup Inc. boosted their target price on shares of Crown Castle International Corporation from $96.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, August 28th. BidaskClub cut shares of Crown Castle International Corporation from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th. Finally, Deutsche Bank AG boosted their target price on shares of Crown Castle International Corporation from $108.00 to $117.00 and gave the company a “buy” rating in a report on Friday, June 9th. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company’s stock. Crown Castle International Corporation has a consensus rating of “Buy” and an average target price of $107.05.

In related news, Director J Landis Martin bought 30,000 shares of the business’s stock in a transaction on Friday, July 28th. The shares were bought at an average price of $100.64 per share, for a total transaction of $3,019,200.00. Following the completion of the purchase, the director now directly owns 99,335 shares of the company’s stock, valued at $9,997,074.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is owned by insiders.

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Crown Castle International Corporation Profile

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

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