Partners Group Holding AG reduced its stake in shares of Crown Castle International Corporation (NYSE:CCI) by 8.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 455,500 shares of the real estate investment trust’s stock after selling 39,850 shares during the quarter. Crown Castle International Corporation comprises approximately 4.9% of Partners Group Holding AG’s holdings, making the stock its 5th largest position. Partners Group Holding AG owned 0.11% of Crown Castle International Corporation worth $45,632,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Winslow Evans & Crocker Inc. lifted its stake in Crown Castle International Corporation by 36.0% in 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 last quarter. Capital Analysts LLC grew its position 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 worth $112,000 after acquiring an additional 53 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Crown Castle International Corporation by 261.5% during the first quarter. Parallel Advisors LLC now owns 1,276 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 923 shares during the last quarter. Guardian Life Insurance Co. of America grew its position in shares of Crown Castle International Corporation by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 1,391 shares of the real estate investment trust’s stock worth $131,000 after acquiring an additional 10 shares during the last quarter. Finally, Solaris Asset Management LLC grew its position in shares of Crown Castle International Corporation by 5.1% during the second quarter. Solaris Asset Management LLC now owns 1,855 shares of the real estate investment trust’s stock worth $186,000 after acquiring an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 82.91% of the company’s stock.

Crown Castle International Corporation (NYSE:CCI) traded up 0.05% on Tuesday, hitting $99.74. 563,850 shares of the stock traded hands. Crown Castle International Corporation has a 12-month low of $79.38 and a 12-month high of $108.88. The stock has a market cap of $40.52 billion, a P/E ratio of 79.60 and a beta of 0.17. The stock has a 50-day moving average price of $104.29 and a 200 day moving average price of $99.67.

Crown Castle International Corporation (NYSE:CCI) last announced its earnings results on Wednesday, July 19th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.03. Crown Castle International Corporation had a net margin of 11.14% and a return on equity of 6.21%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period in the prior year, the business earned $1.05 earnings per share. Crown Castle International Corporation’s quarterly revenue was up 7.9% on a year-over-year basis. On average, equities analysts expect that Crown Castle International Corporation will post $1.14 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend was Thursday, September 14th. Crown Castle International Corporation’s dividend payout ratio is 304.00%.

In other news, Director J Landis Martin acquired 30,000 shares of the firm’s stock in a transaction on Friday, July 28th. The shares were purchased at an average cost of $100.64 per share, for a total transaction of $3,019,200.00. Following the transaction, the director now owns 99,335 shares of the company’s stock, valued at $9,997,074.40. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

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A number of analysts recently weighed in on the stock. Deutsche Bank AG increased their price objective on shares of Crown Castle International Corporation from $108.00 to $117.00 and gave the stock a “buy” rating in a report on Friday, June 9th. BidaskClub lowered shares of Crown Castle International Corporation from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 10th. Citigroup Inc. lowered shares of Crown Castle International Corporation to a “market perform” rating in a research note on Monday, June 12th. Raymond James Financial, Inc. restated a “market perform” rating on shares of Crown Castle International Corporation in a research report on Monday, June 12th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $110.00 target price on shares of Crown Castle International Corporation in a research report on Monday, July 10th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $107.50.

Crown Castle International Corporation Company 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).

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

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