Walleye Capital LLC Has $5.02 Million Stock Holdings in Crown Castle Inc. $CCI

Walleye Capital LLC raised its stake in Crown Castle Inc. (NYSE:CCI) by 47.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 61,735 shares of the real estate investment trust’s stock after buying an additional 19,807 shares during the quarter. Walleye Capital LLC’s holdings in Crown Castle were worth $5,020,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. United Asset Strategies Inc. increased its stake in shares of Crown Castle by 2.5% in the fourth quarter. United Asset Strategies Inc. now owns 4,931 shares of the real estate investment trust’s stock worth $438,000 after acquiring an additional 120 shares during the last quarter. Binnacle Investments Inc raised its holdings in shares of Crown Castle by 10.9% during the third quarter. Binnacle Investments Inc now owns 1,295 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 127 shares in the last quarter. Applied Capital LLC FL boosted its position in Crown Castle by 0.9% during the fourth quarter. Applied Capital LLC FL now owns 15,269 shares of the real estate investment trust’s stock valued at $1,357,000 after purchasing an additional 132 shares during the last quarter. Hilton Head Capital Partners LLC boosted its position in Crown Castle by 55.6% during the first quarter. Hilton Head Capital Partners LLC now owns 375 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 134 shares during the last quarter. Finally, CENTRAL TRUST Co grew its stake in Crown Castle by 10.2% in the first quarter. CENTRAL TRUST Co now owns 1,488 shares of the real estate investment trust’s stock valued at $121,000 after purchasing an additional 138 shares in the last quarter. 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 reported quarterly FFO of $1.13 per share, beating the Zacks consensus estimate of $1.00, while revenue of about $1.01 billion also came in slightly above expectations.
• Positive Sentiment: The company raised its full-year 2026 EPS guidance to $4.53-$4.65, above the prior outlook and above analyst expectations, signaling better-than-expected earnings momentum.
• Positive Sentiment: Management also nudged up its 2026 AFFO outlook and increased expected net income, suggesting stronger cash generation and profitability than previously forecast.
• Neutral Sentiment: Reported quarterly EPS of $0.22 missed one consensus estimate, but the miss appears less important to investors than the stronger FFO and guidance update.
• Neutral Sentiment: Year-over-year revenue was still down 4.9%, indicating the core business remains under some pressure even as earnings expectations improve.

Crown Castle Price Performance

Crown Castle stock opened at $77.73 on Thursday. The company has a market capitalization of $33.93 billion, a price-to-earnings ratio of 32.12, a PEG ratio of 0.39 and a beta of 0.95. Crown Castle Inc. has a one year low of $73.75 and a one year high of $115.76. The company’s fifty day moving average price is $84.87 and its two-hundred day moving average price is $85.91.

Crown Castle (NYSE:CCI) last posted 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 negative return on equity of 64.64% and a net margin of 25.13%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $995.41 million. During the same period last year, the company earned $1.10 earnings per share. The business’s revenue was down 4.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Crown Castle Inc. will post 4.22 earnings per share for the current year.

Crown Castle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $1.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.5%. Crown Castle’s dividend payout ratio is currently 175.62%.

Wall Street Analysts Forecast Growth

CCI has been the topic of several research reports. Truist Financial assumed coverage on Crown Castle in a research report on Tuesday, March 31st. They issued a “hold” rating and a $90.00 target price on the stock. Barclays lifted their price target on Crown Castle from $91.00 to $92.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Wall Street Zen raised Crown Castle from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. The Goldman Sachs Group assumed coverage on Crown Castle in a report on Friday, June 26th. They issued a “neutral” rating and a $95.00 price objective on the stock. Finally, Raymond James Financial raised their price objective on shares of Crown Castle from $102.00 to $108.00 and gave the company a “strong-buy” rating in a research report on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $98.52.

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.