Allspring Global Investments Holdings LLC 出售皇冠城堡公司（纽约证券交易所代码：CCI）_新浪财经

Allspring Global Investments Holdings LLC lowered its stake in Crown Castle Inc. (NYSE:CCI – Get Rating) by 30.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,418 shares of the real estate investment trust's stock after selling 14,381 shares during the quarter. Allspring Global Investments Holdings LLC's holdings in Crown Castle were worth $4,397,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in CCI. Busey Wealth Management increased its stake in shares of Crown Castle by 4.0% in the 4th quarter. Busey Wealth Management now owns 75,848 shares of the real estate investment trust's stock valued at $10,288,000 after acquiring an additional 2,901 shares during the last quarter. Lantz Financial LLC raised its holdings in Crown Castle by 35.7% during the 4th quarter. Lantz Financial LLC now owns 2,008 shares of the real estate investment trust's stock worth $272,000 after buying an additional 528 shares during the period. Ceredex Value Advisors LLC lifted its stake in Crown Castle by 13.8% in the fourth quarter. Ceredex Value Advisors LLC now owns 515,703 shares of the real estate investment trust's stock valued at $69,950,000 after buying an additional 62,482 shares in the last quarter. Mechanics Financial Corp boosted its holdings in shares of Crown Castle by 44.8% in the fourth quarter. Mechanics Financial Corp now owns 970 shares of the real estate investment trust's stock valued at $132,000 after buying an additional 300 shares during the period. Finally, DAVENPORT & Co LLC increased its position in shares of Crown Castle by 23.1% during the fourth quarter. DAVENPORT & Co LLC now owns 568,281 shares of the real estate investment trust's stock worth $77,474,000 after acquiring an additional 106,643 shares in the last quarter. 90.27% of the stock is owned by institutional investors and hedge funds.

Get

Crown Castle

alerts:

Analysts Set New Price Targets

CCI has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft boosted their price target on Crown Castle from $137.00 to $142.00 in a report on Friday, December 16th. StockNews.com initiated coverage on Crown Castle in a report on Thursday, March 16th. They issued a "hold" rating for the company. Cowen upped their target price on Crown Castle from $149.00 to $152.00 and gave the stock an "outperform" rating in a report on Friday, January 27th. Royal Bank of Canada raised their price target on Crown Castle from $150.00 to $162.00 and gave the company an "outperform" rating in a research note on Tuesday, January 31st. Finally, Barclays increased their price objective on Crown Castle from $152.00 to $153.00 and gave the company an "equal weight" rating in a report on Wednesday, February 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $159.07.

Crown Castle Stock Performance

NYSE:CCI opened at $134.02 on Tuesday. The company has a market capitalization of $58.12 billion, a PE ratio of 34.72 and a beta of 0.65. Crown Castle Inc. has a fifty-two week low of $121.71 and a fifty-two week high of $199.97. The company has a debt-to-equity ratio of 2.81, a quick ratio of 0.45 and a current ratio of 0.45. The company has a 50 day simple moving average of $134.73 and a two-hundred day simple moving average of $137.24.

Crown Castle (NYSE:CCI – Get Rating) last posted its quarterly earnings data on Wednesday, January 25th. The real estate investment trust reported $0.95 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.83). The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.74 billion. Crown Castle had a return on equity of 21.58% and a net margin of 23.96%. The business's revenue was up 6.7% on a year-over-year basis. During the same period last year, the business posted $1.77 earnings per share. Research analysts anticipate that Crown Castle Inc. will post 7.26 earnings per share for the current year.

Crown Castle Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Wednesday, March 15th were given a $1.565 dividend. This represents a $6.26 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date was Tuesday, March 14th. Crown Castle's payout ratio is 162.18%.

Crown Castle Company Profile

(Get Rating)

Crown Castle, Inc is a real estate investment trust company, which engages in the provision of access to wireless infrastructure via long-term contacts. It operates through the Towers and Fiber segments. The Towers segment offers access, including space or capacity towers dispersed throughout the United States.