BI Asset Management Fondsmaeglerselskab A S boosted its stake in Crown Castle Inc. (NYSE:CCI – Free Report) by 38.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,512 shares of the real estate investment trust’s stock after purchasing an additional 11,237 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Crown Castle were worth $3,909,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in Crown Castle by 7.5% during the 1st quarter. Empowered Funds LLC now owns 16,444 shares of the real estate investment trust’s stock worth $1,714,000 after buying an additional 1,150 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Crown Castle in the 2nd quarter valued at $62,000. Optas LLC bought a new stake in Crown Castle during the 2nd quarter valued at $240,000. Capital Advisors Ltd. LLC raised its holdings in Crown Castle by 38.9% during the second quarter. Capital Advisors Ltd. LLC now owns 482 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 135 shares during the last quarter. Finally, Callan Family Office LLC bought a new position in shares of Crown Castle in the second quarter valued at $770,000. Institutional investors and hedge funds own 90.77% of the company’s stock.
Crown Castle Trading Up 3.4%
CCI opened at $81.01 on Friday. Crown Castle Inc. has a 12 month low of $77.01 and a 12 month high of $115.76. The company has a market cap of $35.28 billion, a PE ratio of 80.21, a price-to-earnings-growth ratio of 0.52 and a beta of 0.96. The company has a 50 day moving average of $87.47 and a 200 day moving average of $93.93.
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Here are the key news stories impacting Crown Castle this week:
- Positive Sentiment: Q4 results beat estimates — Crown Castle topped AFFO/FFO and revenue consensus (FFO $1.12 vs. $1.07 estimate) and flagged stronger services revenue growth, which supports near‑term cash flow expectations. Article Title
- Positive Sentiment: Earnings and revenue surprises reinforced by multiple outlets reporting beats — these beats likely underpin buying interest and justify the stock strength despite other headwinds. Article Title
- Neutral Sentiment: Management commentary and investor presentation are available (earnings call transcript & slides); investors should review guidance details and management’s outlook for EBITDA, capital allocation and DISH exposure to assess longer‑term impact. Article Title
- Negative Sentiment: Banks and analysts broadly trimmed price targets this week (examples: Citi to $106 from $110, Goldman to $95 from $105, HSBC to $88.40 from $107, BMO to $91), and several firms moved ratings toward neutral/hold — these cuts signal reduced near‑term upside in street models and are pressuring sentiment. Article Title Article Title
- Negative Sentiment: Management issued softer EBITDA guidance and announced job cuts; media noted the stock dipped on that news — weaker guidance increases execution risk and could limit multiple expansion. Article Title
- Negative Sentiment: External tenant risk remains (reports discuss DISH-related uncertainty/default risk affecting tower demand), a macro/regulatory or tenant‑specific shock could weigh on occupancy and cash flow. Article Title
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.
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