Published: Thu, March 15, 2018
Business | By Tara Barton

Crown Castle International Corp. (REIT) (CCI) Shares Sold by Teachers Advisors LLC


Mackenzie Financial Corp increased its position in shares of Crown Castle International Corp.

On 11/6/2017 Philip M Kelley, VP, sold 10,551 with an average share price of $113.09 per share and the total transaction amounting to $1,193,212.59. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt Corporation has 0.09% invested in Crown Castle International Corp. It improved, as 46 investors sold CCI shares while 172 reduced holdings. Utah Retirement Systems who had been investing in Crown Castle Intl Corp New for a number of months, seems to be bullish on the $46.02B market cap company. Stifel Nicolaus has "Buy" rating and $90 target. Sigma Planning Corp now owns 4,994 shares of the real estate investment trust's stock valued at $499,000 after acquiring an additional 467 shares during the period. Eagle Asset Management Inc. now owns 1,296,485 shares of the real estate investment trust's stock valued at $141,938,000 after buying an additional 969,591 shares during the period. Chartwell Investment Partners LLC's holdings in Crown Castle International were worth $10,748,000 at the end of the most recent quarter. Amundi Pioneer Asset Management Inc. raised its holdings in Crown Castle International by 62.7% during the 3rd quarter. 45,610 are owned by Smith Asset Grp Inc Limited Partnership. The Fairview Capital Investment Management Llc holds 196,955 shares with $19.69 million value, down from 209,517 last quarter. M&T Fincl Bank holds 0.05% or 84,461 shares in its portfolio. The market capitalization of the company is $2.21 Billion.

CCI has been the subject of several research analyst reports. CCI's free cash flow ("FCF") per share for the trailing twelve months was -0.51. Goldman Sachs Group lowered Crown Castle International from a "conviction-buy" rating to a "buy" rating in a research note on Tuesday. The stock increased 0.19% or $0.21 during the last trading session, reaching $111.6.

Since February 21, 2018, it had 0 insider buys, and 2 selling transactions for $2.03 million activity.

The Company now has ROA (Return on Assets) of 1.4 percent, Return on Equity (ROE) of 3.9 Percent and Return on Investment (ROI) of 3.6% with Gross margin of 64.1 percent and Operating & Profit margin of 23.9% and 8.9% respectively. Osterweis Capital Management Inc bought 86,330 shares as the company's stock rose 11.44% with the market. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Shares for $1.95M were sold by Brown Jay A. on Wednesday, February 21. A total of 3.42 Million shares exchanged at hands and its Average Volume is 2.65 Million. The disclosure for this sale can be found here. It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value.

As of now, Crown Castle International Corp.

Wellington Shields Capital Management Llc, which manages about $901.02 million and $753.65M US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 4,725 shares to 56,220 shares, valued at $7.31M in 2017Q3, according to the filing. United Technologies Corporation institutional proprietorship is held at 83.9% and beta stands at 1.05. The company has Weekly Volatility of 1.94%% and Monthly Volatility of 2.35%.

Bain Capital Public Equity Management LLC Purchases New Position in Raytheon (RTN)
Fiduciary Financial Services Of The Southwest Inc increased Raytheon Co ( RTN ) stake by 20.06% reported in 2017Q3 SEC filing. The aerospace company reported $2.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.02 by $0.01.

Crown Castle International (NYSE:CCI) last issued its earnings results on Wednesday, January 24th. Earnings per share (EPS) are the portion of a company's profit allocated to each outstanding share of common stock. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.14 billion. Crown Castle International had a net margin of 10.21% and a return on equity of 4.95%. Crown Castle International's revenue for the quarter was up 20.0% on a year-over-year basis.

RBC Capital now has a $125.0 target on shares of Crown Castle (NYSE:CCI). The company was maintained on Friday, January 26 by Guggenheim.

Investors of record on Friday, March 16th will be paid a $1.05 dividend.

On 8/2/2016 Crown Castle International announced a quarterly dividend of $0.89 with an ex dividend date of 9/14/2016 which will be payable on 9/30/2016. RBC Capital Markets maintained Crown Castle International Corp.

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The financial company has just set a TP of $125.0 on Crown Castle (NYSE:CCI) shares. (NYSE:REIT). Timber Hill Ltd Limited Liability Company holds 0.05% in Crown Castle International Corp. 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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