Skylands Capital LLC boosted its stake in shares of Crown Castle Inc. (NYSE:CCI – Free Report) by 13.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 317,010 shares of the real estate investment trust’s stock after purchasing an additional 37,975 shares during the period. Crown Castle accounts for about 2.7% of Skylands Capital LLC’s investment portfolio, making the stock its 6th biggest holding. Skylands Capital LLC owned 0.07% of Crown Castle worth $21,129,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of CCI. Front Row Advisors LLC increased its position in shares of Crown Castle by 1.4% during the 1st quarter. Front Row Advisors LLC now owns 9,305 shares of the real estate investment trust’s stock worth $757,000 after purchasing an additional 130 shares during the last quarter. Hilton Head Capital Partners LLC raised its stake in shares of 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 purchasing an additional 134 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in shares of Crown Castle by 10.2% in the 1st quarter. CENTRAL TRUST Co now owns 1,488 shares of the real estate investment trust’s stock valued at $121,000 after buying an additional 138 shares during the last quarter. Linscomb Wealth Inc. boosted its holdings in shares of Crown Castle by 0.3% in the 2nd quarter. Linscomb Wealth Inc. now owns 53,512 shares of the real estate investment trust’s stock valued at $4,052,000 after buying an additional 145 shares during the last quarter. Finally, World Investment Advisors boosted its holdings in shares of Crown Castle by 2.0% in the 1st quarter. World Investment Advisors now owns 7,882 shares of the real estate investment trust’s stock valued at $641,000 after buying an additional 153 shares during the last quarter. 90.77% of the stock is currently owned by institutional investors.
Key Stories Impacting Crown Castle
Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Third-quarter funds from operations (FFO) increased to $1.24 per share from $1.12 a year earlier and exceeded the $1.20 consensus estimate, providing evidence of solid underlying cash-flow performance. Crown Castle Tops Q3 FFO Estimates
- Positive Sentiment: Crown Castle raised its full-year 2026 site-rental-revenue outlook midpoint to $3.875 billion, $20 million above its previous forecast. Full-year net income is projected at $895 million, up 102% from 2025’s $444 million. Crown Castle Reports Third Quarter 2026 Results and Updates Outlook
- Positive Sentiment: UBS issued a Buy rating on Crown Castle, offering additional analyst support for the stock. UBS Releases a Buy Rating on Crown Castle
- Neutral Sentiment: The company reported a sharp increase in projected net income, but the outlook still calls for 2026 site-rental revenue of $3.875 billion, down 4% from 2025’s $4.049 billion. Crown Castle Reports Third Quarter 2026 Results and Updates Outlook
- Negative Sentiment: Third-quarter EPS was $0.67, below the $0.69 analyst consensus, while revenue of $995 million missed expectations of $1.01 billion. The revenue shortfall likely outweighed the FFO beat for investors. Compared to Estimates, Crown Castle Q3 Earnings
Analyst Upgrades and Downgrades
Several research firms recently weighed in on CCI. Jefferies Financial Group decreased their target price on shares of Crown Castle from $88.00 to $82.00 and set a “hold” rating for the company in a research note on Wednesday, July 15th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $80.00 price target (down from $85.00) on shares of Crown Castle in a research report on Monday, September 14th. Truist Financial dropped their price target on shares of Crown Castle from $95.00 to $87.00 and set a “hold” rating on the stock in a research report on Tuesday, July 28th. Citigroup reiterated a “market outperform” rating on shares of Crown Castle in a research note on Friday, July 24th. Finally, Royal Bank Of Canada decreased their price objective on shares of Crown Castle from $92.00 to $90.00 and set an “outperform” rating for the company in a research report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Crown Castle presently has a consensus rating of “Hold” and an average target price of $93.97.
Read Our Latest Research Report on CCI
Insider Activity at Crown Castle
In other news, VP Robert Collins sold 1,500 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $75.89, for a total transaction of $113,835.00. Following the transaction, the vice president owned 5,113 shares in the company, valued at approximately $388,025.57. This trade represents a 22.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.09% of the company’s stock.
Crown Castle Stock Performance
Shares of CCI stock opened at $78.85 on Thursday. Crown Castle Inc. has a 52 week low of $65.32 and a 52 week high of $100.50. The company has a market capitalization of $33.55 billion, a price-to-earnings ratio of 40.02, a PEG ratio of 0.73 and a beta of 0.94. The company has a 50-day simple moving average of $74.17 and a 200 day simple moving average of $80.58.
Crown Castle (NYSE:CCI – Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The real estate investment trust reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.55. The firm had revenue of $995.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Crown Castle had a net margin of 20.71% and a negative return on equity of 51.60%. The business’s revenue was down 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.12 EPS. Sell-side analysts forecast that Crown Castle Inc. will post 4.38 EPS for the current year.
Crown Castle Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were given a $1.0625 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.25 annualized dividend and a dividend yield of 5.4%. Crown Castle’s dividend payout ratio is presently 215.74%.
Crown Castle Company Profile
Crown Castle Inc (NYSE: CCI) is a real estate investment trust that owns, operates and leases communications infrastructure in the United States. Its assets support wireless carriers, broadcasters, government agencies and other communications providers by enabling the transmission of voice, data and video services.
The company’s infrastructure has historically included approximately 40,000 cell towers, about 90,000 route miles of fiber and a large portfolio of small-cell installations.
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