Danske Bank A S Purchases 18,100 Shares of Crown Castle Inc. $CCI

Key Points

• Danske Bank A/S boosted its stake in Crown Castle by 9.1%, buying 18,100 shares to hold 218,067 shares (~$19.38M), and several other large institutions (UBS, Invesco, Daiwa) also materially increased positions, leaving institutional ownership at about 90.77%.
• Crown Castle beat quarterly estimates with $1.02 EPS (vs. $0.47 est.) and $1.01B revenue, and issued FY2026 guidance of 4.38–4.49 EPS (consensus ~4.22).
• The company pays a quarterly dividend of $1.0625 (annualized $4.25, ~4.8% yield) but has a very high payout ratio (~175.6%), while insiders recently trimmed their holdings via small stock sales.

Danske Bank A S boosted its position in shares of Crown Castle Inc. (NYSE:CCI - Free Report) by 9.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 218,067 shares of the real estate investment trust's stock after purchasing an additional 18,100 shares during the period. Danske Bank A S owned about 0.05% of Crown Castle worth $19,380,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in CCI. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 valued at $431,418,000 after purchasing an additional 3,824,778 shares during the last quarter. Invesco Ltd. grew its holdings in Crown Castle by 33.2% during the 3rd quarter. Invesco Ltd. now owns 6,437,685 shares of the real estate investment trust's stock valued at $621,172,000 after purchasing an additional 1,605,291 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new position in Crown Castle during the 3rd quarter valued at about $121,726,000. Daiwa Securities Group Inc. grew its holdings in Crown Castle by 42.3% during the 3rd 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 purchasing an additional 1,168,132 shares during the last quarter. Finally, Man Group plc grew its holdings in Crown Castle by 237.0% during the 3rd quarter. Man Group plc now owns 1,601,500 shares of the real estate investment trust's stock valued at $154,529,000 after purchasing an additional 1,126,221 shares during the last quarter. 90.77% of the stock is currently owned by institutional investors.

Insider Activity at Crown Castle

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

Crown Castle Price Performance

Shares of CCI stock opened at $89.38 on Friday. The company has a market capitalization of $39.00 billion, a P/E ratio of 36.93, a P/E/G ratio of 0.45 and a beta of 0.93. The company's 50-day simple moving average is $85.81 and its two-hundred day simple moving average is $88.22. 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 earnings results on Wednesday, April 22nd. The real estate investment trust reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.55. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $995.42 million. Crown Castle had a net margin of 25.13% and a negative return on equity of 64.64%. The company's revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.10 EPS. Crown Castle has set its FY 2026 guidance at 4.380-4.490 EPS. On average, research analysts expect that Crown Castle Inc. will post 4.22 EPS for the current fiscal year.

Crown Castle Announces Dividend

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

Wall Street Analysts Forecast Growth

CCI has been the topic of several analyst reports. Wall Street Zen downgraded shares of Crown Castle from a "hold" rating to a "sell" rating in a report on Saturday, April 25th. JPMorgan Chase & Co. dropped their target price on shares of Crown Castle from $110.00 to $95.00 and set a "neutral" rating on the stock in a research note on Thursday, February 5th. KeyCorp upped their target price on shares of Crown Castle from $98.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, April 23rd. Jefferies Financial Group upped their target price on shares of Crown Castle from $84.00 to $89.00 and gave the stock a "hold" rating in a research note on Tuesday, April 14th. Finally, Wells Fargo & Company restated an "equal weight" rating and issued a $85.00 target price (down from $90.00) on shares of Crown Castle in a research note on Monday, March 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $99.34.

Crown Castle Profile

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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