Toronto Dominion Bank raised its stake in shares of Crown Castle International Corp. (REIT) (NYSE:CCI) by 13.7% in the 4th quarter, Holdings Channel reports. The firm owned 175,001 shares of the real estate investment trust’s stock after purchasing an additional 21,049 shares during the quarter. Toronto Dominion Bank’s holdings in Crown Castle International were worth $19,427,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in CCI. National Asset Management Inc. bought a new position in Crown Castle International during the 2nd quarter worth $210,000. WINTON GROUP Ltd bought a new position in Crown Castle International during the 2nd quarter worth $233,000. Dynamic Technology Lab Private Ltd acquired a new stake in Crown Castle International during the 2nd quarter worth about $285,000. Cetera Investment Advisers acquired a new stake in Crown Castle International during the 2nd quarter worth about $300,000. Finally, Brookfield Asset Management Inc. grew its holdings in Crown Castle International by 31.0% during the 2nd quarter. Brookfield Asset Management Inc. now owns 2,074,339 shares of the real estate investment trust’s stock worth $207,807,000 after acquiring an additional 490,439 shares during the period. 93.47% of the stock is owned by institutional investors and hedge funds.

Shares of Crown Castle International Corp. (NYSE CCI) opened at $104.88 on Wednesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.88 and a quick ratio of 7.13. The company has a market capitalization of $43,210.00, a PE ratio of 104.40, a PEG ratio of 1.29 and a beta of 0.26. Crown Castle International Corp. has a 12 month low of $88.54 and a 12 month high of $114.97.

Crown Castle International (NYSE:CCI) last issued its earnings results on Wednesday, January 24th. The real estate investment trust reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.84). The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.14 billion. Crown Castle International had a net margin of 10.21% and a return on equity of 4.95%. The business’s quarterly revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.10 earnings per share. analysts anticipate that Crown Castle International Corp. will post 5.25 earnings per share for the current year.

A number of analysts have weighed in on the company. Zacks Investment Research upgraded Crown Castle International from a “sell” rating to a “hold” rating in a report on Monday, January 29th. Guggenheim reiterated a “buy” rating and set a $115.00 price target on shares of Crown Castle International in a report on Friday, January 26th. Deutsche Bank reiterated a “buy” rating and set a $120.00 price target on shares of Crown Castle International in a report on Monday, January 22nd. KeyCorp reiterated a “hold” rating on shares of Crown Castle International in a report on Tuesday, October 31st. Finally, Macquarie reiterated a “buy” rating and set a $119.00 price target on shares of Crown Castle International in a report on Sunday, October 22nd. Eight research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $113.33.

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Crown Castle International 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 (NYSE:CCI)

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