50,792 Shares in Crown Castle Inc. $CCI Bought by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab opened a new position of 50,792 Crown Castle shares in Q4, valued at roughly $4.53 million.
• Crown Castle beat expectations in its most recent quarter with $1.02 EPS (vs. $0.47 est.) and $1.01B revenue, and set FY2026 guidance of 4.38–4.49 EPS (analysts average 4.22).
• The company paid a quarterly dividend of $1.0625 ($4.25 annual), yielding about 4.7%, while the dividend payout ratio remains elevated at roughly 175.6%.

PFA Pension Forsikringsaktieselskab bought a new position in Crown Castle Inc. (NYSE:CCI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 50,792 shares of the real estate investment trust's stock, valued at approximately $4,526,000.

Several other hedge funds also recently bought and sold shares of the company. LRI Investments LLC bought a new position in shares of Crown Castle during the 3rd quarter valued at about $29,000. Wiser Advisor Group LLC bought a new position in shares of Crown Castle during the 3rd quarter valued at about $29,000. Triumph Capital Management bought a new position in shares of Crown Castle during the 3rd quarter valued at about $31,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of Crown Castle during the 3rd quarter valued at about $31,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Crown Castle by 128.7% during the 4th quarter. Salomon & Ludwin LLC now owns 382 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 215 shares during the last quarter. Institutional investors own 90.77% of the company's stock.

Crown Castle Trading Up 0.9%

Shares of NYSE CCI opened at $90.10 on Tuesday. The firm's 50-day moving average price is $85.81 and its 200-day moving average price is $88.16. The stock has a market capitalization of $39.32 billion, a price-to-earnings ratio of 37.23, a P/E/G ratio of 0.45 and a beta of 0.93. Crown Castle Inc. has a 12-month low of $75.96 and a 12-month high of $115.76.

Crown Castle (NYSE:CCI - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.55. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $995.42 million. Crown Castle had a net margin of 25.13% and a negative return on equity of 64.64%. The business's revenue was down 4.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 EPS. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. On average, equities analysts predict that Crown Castle Inc. will post 4.22 EPS for the current fiscal year.

Crown Castle Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, March 13th. Crown Castle's dividend payout ratio is currently 175.62%.

Insider Activity

In related news, VP Robert Sean Collins sold 3,000 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $87.49, for a total value of $262,470.00. Following the sale, the vice president directly owned 5,800 shares of the company's stock, valued at $507,442. This represents a 34.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Edward B. Adams, Jr. sold 4,650 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $86.34, for a total transaction of $401,481.00. Following the completion of the sale, the executive vice president directly owned 25,183 shares in the company, valued at $2,174,300.22. This trade represents a 15.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.09% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CCI has been the subject of several research reports. KeyCorp increased their price objective on shares of Crown Castle from $98.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, April 23rd. BMO Capital Markets increased their price objective on shares of Crown Castle from $91.00 to $100.00 and gave the company an "outperform" rating in a report on Friday, April 17th. HSBC dropped their price objective on shares of Crown Castle from $107.00 to $88.40 and set a "hold" rating for the company in a report on Thursday, February 5th. Sanford C. Bernstein began coverage on shares of Crown Castle in a report on Thursday, March 5th. They set an "outperform" rating and a $102.00 price objective for the company. Finally, Wolfe Research decreased their target price on shares of Crown Castle from $114.00 to $94.00 and set an "outperform" rating on the stock in a research report on Monday, April 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $99.34.

About Crown Castle

Crown Castle is a U.S.-focused communications infrastructure company organized as a real estate investment trust (REIT) that owns, operates and leases shared wireless infrastructure. Its primary business consists of providing tower-based site leases, small cell networks and fiber solutions that support mobile voice and data transmission for wireless carriers, cable companies and other enterprise customers. The company's assets are positioned to enable network coverage and capacity, including the densification projects associated with 4G LTE and 5G deployments.

Its product and service offerings include ground-based tower sites that host multiple wireless operators, distributed small cell nodes and associated fiber backhaul used to connect sites into carrier networks, and site development and maintenance services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.