Crown Castle Inc. $CCI Shares Sold by Stevens Capital Management LP

Key Points

• Stevens Capital Management LP reduced its stake in Crown Castle by 62.0% in Q4, selling 11,560 shares and leaving 7,077 shares worth $629,000, while institutional investors collectively own about 90.77% of CCI.
• Crown Castle beat Q1 expectations with $1.02 EPS vs. $0.47 consensus and set FY2026 guidance of $4.38–$4.49 EPS, although quarterly revenue declined roughly 4.9% year‑over‑year.
• The firm pays a quarterly dividend of $1.0625 (annualized $4.25) for a 4.8% yield

Stevens Capital Management LP decreased its position in Crown Castle Inc. (NYSE:CCI - Free Report) by 62.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,077 shares of the real estate investment trust's stock after selling 11,560 shares during the period. Stevens Capital Management LP's holdings in Crown Castle were worth $629,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Crown Castle by 591.8% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,471,120 shares of the real estate investment trust's stock worth $431,418,000 after purchasing an additional 3,824,778 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Crown Castle by 422.5% in the fourth quarter. Principal Financial Group Inc. now owns 3,581,154 shares of the real estate investment trust's stock valued at $318,258,000 after buying an additional 2,895,756 shares in the last quarter. Invesco Ltd. grew its holdings in Crown Castle by 33.2% during the third quarter. Invesco Ltd. now owns 6,437,685 shares of the real estate investment trust's stock worth $621,172,000 after acquiring an additional 1,605,291 shares during the period. ANTIPODES PARTNERS Ltd purchased a new position in Crown Castle in the third quarter worth $121,726,000. Finally, Daiwa Securities Group Inc. lifted its holdings in Crown Castle by 42.3% in the third quarter. Daiwa Securities Group Inc. now owns 3,931,258 shares of the real estate investment trust's stock valued at $379,327,000 after acquiring an additional 1,168,132 shares during the period. 90.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on CCI shares. Zacks Research upgraded shares of Crown Castle from a "strong sell" rating to a "hold" rating in a research note on Wednesday, March 4th. KeyCorp lifted their price target on shares of Crown Castle from $98.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, April 23rd. Jefferies Financial Group boosted their price target on Crown Castle from $84.00 to $89.00 and gave the stock a "hold" rating in a research note on Tuesday, April 14th. Wells Fargo & Company restated an "equal weight" rating and issued a $85.00 price target (down from $90.00) on shares of Crown Castle in a report on Monday, March 23rd. Finally, Sanford C. Bernstein assumed coverage on Crown Castle in a research note on Thursday, March 5th. They issued an "outperform" rating and a $102.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $99.39.

Crown Castle Stock Performance

CCI stock opened at $89.11 on Wednesday. The company has a 50 day moving average price of $85.83 and a two-hundred day moving average price of $88.09. The stock has a market capitalization of $38.89 billion, a P/E ratio of 36.82, a PEG ratio of 0.46 and a beta of 0.93. Crown Castle Inc. has a one year low of $75.96 and a one year high of $115.76.

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

Crown Castle Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a $1.0625 dividend. The ex-dividend date was Friday, March 13th. This represents a $4.25 annualized dividend and a yield of 4.8%. Crown Castle's payout ratio is 175.62%.

Insider Transactions at Crown Castle

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

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.

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