Oregon Public Employees Retirement Fund grew its holdings in Crown Castle International Corporation (NYSE:CCI) by 14.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,382 shares of the real estate investment trust’s stock after purchasing an additional 5,631 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Crown Castle International Corporation were worth $4,337,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Legacy Advisors LLC purchased a new position in shares of Crown Castle International Corporation during the third quarter valued at $100,000. Winslow Evans & Crocker Inc. increased its stake in shares of Crown Castle International Corporation by 36.0% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,050 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 278 shares during the period. Capital Analysts LLC increased its stake in shares of Crown Castle International Corporation by 5.0% during the second quarter. Capital Analysts LLC now owns 1,113 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 53 shares during the period. Crow Point Partners LLC purchased a new position in shares of Crown Castle International Corporation during the third quarter valued at $151,000. Finally, Parallel Advisors LLC increased its stake in shares of Crown Castle International Corporation by 35.3% during the second quarter. Parallel Advisors LLC now owns 1,727 shares of the real estate investment trust’s stock valued at $174,000 after buying an additional 451 shares during the period. Hedge funds and other institutional investors own 82.88% of the company’s stock.

In other Crown Castle International Corporation news, VP Philip M. Kelley sold 10,551 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $113.09, for a total value of $1,193,212.59. Following the completion of the sale, the vice president now owns 91,808 shares of the company’s stock, valued at $10,382,566.72. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.41% of the stock is currently owned by company insiders.

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Shares of Crown Castle International Corporation (NYSE:CCI) opened at $113.28 on Friday. The company has a quick ratio of 0.95, a current ratio of 7.13 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $46,112.23, a PE ratio of 23.94, a price-to-earnings-growth ratio of 1.65 and a beta of 0.20. Crown Castle International Corporation has a twelve month low of $79.38 and a twelve month high of $114.97.

Crown Castle International Corporation (NYSE:CCI) last issued its quarterly earnings results on Wednesday, October 18th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.10 by ($0.07). The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.07 billion. Crown Castle International Corporation had a return on equity of 5.93% and a net margin of 11.35%. Crown Castle International Corporation’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 EPS. sell-side analysts forecast that Crown Castle International Corporation will post 4.43 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.71%. The ex-dividend date is Thursday, December 14th. This is an increase from Crown Castle International Corporation’s previous quarterly dividend of $0.95. Crown Castle International Corporation’s dividend payout ratio (DPR) is currently 316.67%.

Several equities analysts have recently commented on CCI shares. Macquarie restated a “buy” rating and set a $119.00 price target on shares of Crown Castle International Corporation in a research note on Sunday, October 22nd. Bank of America Corporation raised their price target on Crown Castle International Corporation from $107.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating and set a $107.00 price target on shares of Crown Castle International Corporation in a research note on Tuesday, August 29th. Zacks Investment Research lowered Crown Castle International Corporation from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 25th. Finally, Citigroup Inc. raised their price target on Crown Castle International Corporation from $96.00 to $108.00 and gave the company a “neutral” rating in a research note on Monday, August 28th. Nine equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $110.04.

About Crown Castle International Corporation

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).

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

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