Crown Castle Inc. $CCI Shares Sold by Strs Ohio

Key Points

• Strs Ohio trimmed its stake by 5.6%, selling 16,482 shares and now owning 276,393 shares (~0.06%) of Crown Castle valued at $24.56 million; institutional investors hold about 90.77% of the stock.
• Insider selling: VP Robert Sean Collins sold 3,000 shares at ~$87.49 and EVP Edward B. Adams Jr. sold 4,650 shares at ~$86.34, leaving company insiders with roughly 0.09% ownership.
• Earnings and dividend: Crown Castle reported quarterly EPS of $1.02, beating estimates, set FY2026 guidance of $4.38–$4.49, and paid a quarterly dividend of $1.0625 (annual $4.25, yield ~4.8%, DPR ~175.6%).

Strs Ohio lessened its holdings in shares of Crown Castle Inc. (NYSE:CCI - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 276,393 shares of the real estate investment trust's stock after selling 16,482 shares during the quarter. Strs Ohio owned 0.06% of Crown Castle worth $24,563,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wiser Advisor Group LLC acquired a new stake in Crown Castle during the 3rd quarter worth approximately $29,000. LRI Investments LLC acquired a new stake in Crown Castle during the 3rd quarter worth approximately $29,000. Triumph Capital Management acquired a new stake in Crown Castle during the 3rd quarter worth approximately $31,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Crown Castle during the 3rd quarter worth approximately $31,000. Finally, Cornerstone Planning Group LLC increased its position in Crown Castle by 269.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 381 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 278 shares in the last quarter. Institutional investors and hedge funds own 90.77% of the company's stock.

Insider Buying and Selling

In other news, VP Robert Sean Collins sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $87.49, for a total transaction of $262,470.00. Following the completion of the sale, the vice president owned 5,800 shares of the company's stock, valued at approximately $507,442. This trade represents a 34.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Edward B. Adams, Jr. sold 4,650 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $86.34, for a total transaction of $401,481.00. Following the sale, the executive vice president directly owned 25,183 shares of the company's stock, valued at $2,174,300.22. The trade was a 15.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.09% of the stock is currently owned by company insiders.

Crown Castle Stock Up 0.7%

Shares of NYSE:CCI opened at $89.38 on Friday. Crown Castle Inc. has a 52-week low of $75.96 and a 52-week high of $115.76. The company has a 50 day moving average of $85.81 and a two-hundred day moving average of $88.22. The company has a market capitalization of $39.00 billion, a price-to-earnings ratio of 36.93, a price-to-earnings-growth ratio of 0.45 and a beta of 0.93.

Crown Castle (NYSE:CCI - Get Free Report) last issued its quarterly earnings data 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. Crown Castle had a net margin of 25.13% and a negative return on equity of 64.64%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $995.42 million. During the same quarter last year, the company earned $1.10 earnings per share. Crown Castle's revenue for the quarter was down 4.9% on a year-over-year basis. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. On average, equities analysts anticipate that Crown Castle Inc. will post 4.22 earnings per share for the current year.

Crown Castle Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend was Friday, March 13th. This represents a $4.25 dividend on an annualized basis and a dividend yield of 4.8%. Crown Castle's dividend payout ratio (DPR) is presently 175.62%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CCI shares. BMO Capital Markets increased their target price on shares of Crown Castle from $91.00 to $100.00 and gave the stock an "outperform" rating in a research report on Friday, April 17th. Sanford C. Bernstein assumed coverage on shares of Crown Castle in a research report on Thursday, March 5th. They issued an "outperform" rating and a $102.00 price objective for the company. JPMorgan Chase & Co. lowered their price objective on shares of Crown Castle from $110.00 to $95.00 and set a "neutral" rating for the company in a research report on Thursday, February 5th. UBS Group lowered their price objective on shares of Crown Castle from $116.00 to $105.00 and set a "buy" rating for the company in a research report on Thursday, February 5th. Finally, HSBC lowered their price objective on shares of Crown Castle from $107.00 to $88.40 and set a "hold" rating for the company in a research report on Thursday, February 5th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target 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.

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