Caldera Capital LLC Has $2.94 Million Position in CROWN CASTLE IN/SH SH (CCI)

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Caldera Capital LLC reduced its stake in shares of CROWN CASTLE IN/SH SH (NYSE:CCI) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 27,096 shares of the real estate investment trust’s stock after selling 154 shares during the period. CROWN CASTLE IN/SH SH accounts for approximately 2.7% of Caldera Capital LLC’s investment portfolio, making the stock its 12th biggest position. Caldera Capital LLC’s holdings in CROWN CASTLE IN/SH SH were worth $2,943,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CCI. Oregon Public Employees Retirement Fund raised its position in CROWN CASTLE IN/SH SH by 10,630.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,899,104 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 4,853,447 shares during the last quarter. Vanguard Group Inc raised its holdings in shares of CROWN CASTLE IN/SH SH by 7.6% in the 3rd quarter. Vanguard Group Inc now owns 53,196,893 shares of the real estate investment trust’s stock worth $5,922,410,000 after purchasing an additional 3,771,236 shares during the period. Vanguard Group Inc. raised its holdings in shares of CROWN CASTLE IN/SH SH by 7.6% in the 3rd quarter. Vanguard Group Inc. now owns 53,196,893 shares of the real estate investment trust’s stock worth $5,922,410,000 after purchasing an additional 3,771,236 shares during the period. Jennison Associates LLC raised its holdings in shares of CROWN CASTLE IN/SH SH by 110.6% in the 4th quarter. Jennison Associates LLC now owns 4,571,756 shares of the real estate investment trust’s stock worth $496,630,000 after purchasing an additional 2,400,421 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in CROWN CASTLE IN/SH SH by 10.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,983,955 shares of the real estate investment trust’s stock valued at $666,172,000 after buying an additional 584,509 shares in the last quarter. 95.49% of the stock is owned by institutional investors and hedge funds.

CCI opened at $120.15 on Wednesday. The firm has a market cap of $49.84 billion, a PE ratio of 21.93, a PEG ratio of 1.38 and a beta of 0.44. The company has a quick ratio of 0.96, a current ratio of 0.87 and a debt-to-equity ratio of 1.38. CROWN CASTLE IN/SH SH has a one year low of $98.85 and a one year high of $120.56.

CROWN CASTLE IN/SH SH (NYSE:CCI) last released its quarterly earnings results on Wednesday, January 23rd. The real estate investment trust reported $0.44 EPS for the quarter, meeting analysts’ consensus estimates of $0.44. CROWN CASTLE IN/SH SH had a net margin of 11.86% and a return on equity of 5.17%. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. CROWN CASTLE IN/SH SH’s revenue for the quarter was up 14.6% compared to the same quarter last year. Sell-side analysts forecast that CROWN CASTLE IN/SH SH will post 5.6 EPS for the current fiscal year.

A number of research analysts recently weighed in on the stock. TheStreet upgraded shares of CROWN CASTLE IN/SH SH from a “c+” rating to a “b” rating in a research note on Wednesday, January 23rd. ValuEngine upgraded shares of CROWN CASTLE IN/SH SH from a “hold” rating to a “buy” rating in a research note on Wednesday, October 31st. Moffett Nathanson lowered shares of CROWN CASTLE IN/SH SH from a “buy” rating to a “neutral” rating and set a $118.00 price objective for the company. in a research note on Monday, December 3rd. Wells Fargo & Co lifted their price objective on shares of CROWN CASTLE IN/SH SH from $123.00 to $129.00 and gave the company an “outperform” rating in a research note on Wednesday, December 12th. Finally, Macquarie lowered shares of CROWN CASTLE IN/SH SH from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 12th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. CROWN CASTLE IN/SH SH currently has an average rating of “Hold” and an average target price of $118.20.

In related news, Director Edward C. Hutcheson, Jr. bought 350 shares of the business’s stock in a transaction that occurred on Friday, February 8th. The stock was bought at an average cost of $117.95 per share, for a total transaction of $41,282.50. Following the completion of the transaction, the director now owns 59,187 shares of the company’s stock, valued at $6,981,106.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.36% of the stock is currently owned by insiders.

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About CROWN CASTLE IN/SH SH

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 65,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.

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Institutional Ownership by Quarter for CROWN CASTLE IN/SH SH (NYSE:CCI)

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