Dimensional Fund Advisors LP raised its holdings in Crown Castle International Corporation (NYSE:CCI) by 692.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,184,138 shares of the real estate investment trust’s stock after buying an additional 1,034,693 shares during the quarter. Dimensional Fund Advisors LP owned 0.32% of Crown Castle International Corporation worth $118,627,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CCI. Guardian Life Insurance Co. of America boosted its holdings in shares of Crown Castle International Corporation by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,391 shares of the real estate investment trust’s stock worth $131,000 after buying an additional 10 shares in the last quarter. Fiduciary Trust Co. increased its stake in shares of Crown Castle International Corporation by 0.7% in the 2nd quarter. Fiduciary Trust Co. now owns 3,203 shares of the real estate investment trust’s stock valued at $321,000 after acquiring an additional 21 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in shares of Crown Castle International Corporation by 0.7% in the 2nd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 7,625 shares of the real estate investment trust’s stock valued at $764,000 after acquiring an additional 50 shares in the last quarter. Capital Analysts LLC increased its stake in shares of Crown Castle International Corporation by 5.0% in the 2nd quarter. Capital Analysts LLC now owns 1,113 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 53 shares in the last quarter. Finally, FineMark National Bank & Trust increased its stake in shares of Crown Castle International Corporation by 1.2% in the 2nd quarter. FineMark National Bank & Trust now owns 5,032 shares of the real estate investment trust’s stock valued at $504,000 after acquiring an additional 60 shares in the last quarter. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Watch List News and is owned by of Watch List News. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://www.watchlistnews.com/crown-castle-international-corporation-cci-holdings-boosted-by-dimensional-fund-advisors-lp/1603051.html.

In other Crown Castle International Corporation news, Director J Landis Martin bought 30,000 shares of the firm’s stock in a transaction on Friday, July 28th. The stock was acquired at an average price of $100.64 per share, with a total value of $3,019,200.00. Following the completion of the purchase, the director now owns 99,335 shares of the company’s stock, valued at $9,997,074.40. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 0.41% of the stock is currently owned by corporate insiders.

A number of research analysts recently issued reports on the stock. BidaskClub downgraded shares of Crown Castle International Corporation from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Deutsche Bank AG increased their target price on shares of Crown Castle International Corporation from $108.00 to $117.00 and gave the stock a “buy” rating in a research note on Friday, June 9th. Macquarie restated a “buy” rating and issued a $107.00 price target on shares of Crown Castle International Corporation in a report on Wednesday, July 19th. Jefferies Group LLC restated a “buy” rating and issued a $110.00 price target on shares of Crown Castle International Corporation in a report on Monday, July 10th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $107.00 price target on shares of Crown Castle International Corporation in a research note on Tuesday, August 29th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $107.50.

Crown Castle International Corporation (NYSE CCI) opened at 99.98 on Monday. Crown Castle International Corporation has a one year low of $79.38 and a one year high of $108.88. The firm has a market capitalization of $40.62 billion, a PE ratio of 79.79 and a beta of 0.17. The stock’s 50 day moving average is $104.44 and its 200-day moving average is $99.02.

Crown Castle International Corporation (NYSE:CCI) last released its earnings results on Wednesday, July 19th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.03. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. Crown Castle International Corporation had a net margin of 11.14% and a return on equity of 6.21%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 EPS. On average, analysts anticipate that Crown Castle International Corporation will post $1.15 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend was Thursday, September 14th. Crown Castle International Corporation’s dividend payout ratio (DPR) is presently 304.00%.

Crown Castle International Corporation Profile

Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. 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).

Institutional Ownership by Quarter for Crown Castle International Corporation (NYSE:CCI)

Receive News & Ratings for Crown Castle International Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crown Castle International Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.