Dimensional Fund Advisors LP increased its position in shares of Crown Castle International Corporation (NYSE:CCI) by 2.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 149,445 shares of the real estate investment trust’s stock after buying an additional 3,003 shares during the period. Dimensional Fund Advisors LP’s holdings in Crown Castle International Corporation were worth $14,115,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in CCI. Parallel Advisors LLC increased its position in shares of Crown Castle International Corporation by 261.5% in the first quarter. Parallel Advisors LLC now owns 1,276 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 923 shares during the period. Guardian Life Insurance Co. of America increased its position in shares of Crown Castle International Corporation by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,391 shares of the real estate investment trust’s stock valued at $131,000 after buying an additional 10 shares during the period. First Personal Financial Services increased its position in shares of Crown Castle International Corporation by 1,574.0% in the first quarter. First Personal Financial Services now owns 1,674 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 1,574 shares during the period. Advisory Services Network LLC acquired a new position in shares of Crown Castle International Corporation during the first quarter valued at $165,000. Finally, Financial Architects Inc increased its position in shares of Crown Castle International Corporation by 23.1% in the first quarter. Financial Architects Inc now owns 2,091 shares of the real estate investment trust’s stock valued at $198,000 after buying an additional 392 shares during the period. Institutional investors and hedge funds own 84.16% of the company’s stock.

Shares of Crown Castle International Corporation (CCI) traded up 1.38% during mid-day trading on Wednesday, reaching $104.48. The company’s stock had a trading volume of 365,969 shares. The stock has a market capitalization of $42.45 billion, a price-to-earnings ratio of 83.38 and a beta of 0.20. Crown Castle International Corporation has a 52 week low of $79.38 and a 52 week high of $104.68. The company’s 50-day moving average is $100.03 and its 200-day moving average is $96.21.

Crown Castle International Corporation (NYSE:CCI) last issued its quarterly earnings data on Wednesday, July 19th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.03. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. Crown Castle International Corporation had a return on equity of 6.21% and a net margin of 11.14%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.05 earnings per share. Equities analysts predict that Crown Castle International Corporation will post $1.17 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Thursday, September 14th. Crown Castle International Corporation’s payout ratio is 304.00%.

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CCI has been the topic of several research analyst reports. Zacks Investment Research downgraded Crown Castle International Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Royal Bank Of Canada restated a “buy” rating and set a $107.00 target price on shares of Crown Castle International Corporation in a research note on Tuesday, April 18th. Jefferies Group LLC restated a “buy” rating and set a $110.00 target price on shares of Crown Castle International Corporation in a research note on Monday, July 10th. BidaskClub downgraded Crown Castle International Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, Citigroup Inc. downgraded Crown Castle International Corporation to a “market perform” rating in a research note on Monday, June 12th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $104.95.

In other news, Director J Landis Martin acquired 30,000 shares of the company’s stock in a transaction on Friday, July 28th. The shares were bought at an average price of $100.64 per share, with a total value of $3,019,200.00. Following the completion of the acquisition, the director now owns 99,335 shares in the company, valued at approximately $9,997,074.40. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.41% of the company’s stock.

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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