Mitsubishi UFJ Asset Management Co. Ltd. Purchases 43,276 Shares of Crown Castle Inc. $CCI

Key Points

• Mitsubishi UFJ Asset Management raised its stake in Crown Castle by 5%, buying 43,276 shares to hold 916,392 shares (about 0.21% of the company) worth roughly $81.28 million.
• Crown Castle reported stronger-than-expected quarterly results (EPS $1.02 vs. $0.47 est., revenue $1.01B) and set FY2026 guidance of $4.380–$4.490 per share.
• The company pays a quarterly dividend of $1.0625 (annualized $4.25, yield ~4.7%), and analysts’ consensus is a "Moderate Buy" with a price target of about $99.39.

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Crown Castle Inc. (NYSE:CCI - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 916,392 shares of the real estate investment trust's stock after purchasing an additional 43,276 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.21% of Crown Castle worth $81,284,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. LRI Investments LLC bought a new stake in shares of Crown Castle in the 3rd quarter valued at about $29,000. Wiser Advisor Group LLC bought a new stake in shares of Crown Castle in the 3rd quarter valued at about $29,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Crown Castle in the 3rd quarter valued at about $31,000. Triumph Capital Management bought a new stake in shares of Crown Castle in the 3rd quarter valued at about $31,000. Finally, Salomon & Ludwin LLC raised its holdings in shares of Crown Castle by 128.7% in 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 period. 90.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CCI has been the topic of several research analyst reports. Truist Financial initiated coverage on shares of Crown Castle in a report on Tuesday, March 31st. They issued a "hold" rating and a $90.00 price target on the stock. The Goldman Sachs Group lowered their price target on shares of Crown Castle from $105.00 to $95.00 and set a "neutral" rating on the stock in a report on Thursday, February 5th. Citigroup lowered their price target on shares of Crown Castle from $110.00 to $106.00 and set a "buy" rating on the stock in a report on Thursday, February 5th. Royal Bank Of Canada lowered their price target on shares of Crown Castle from $112.00 to $110.00 and set an "outperform" rating on the stock in a report on Monday, January 12th. Finally, Raymond James Financial increased their price target on shares of Crown Castle from $102.00 to $108.00 and gave the company a "strong-buy" rating in a report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eleven have issued 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 $99.39.

Crown Castle Trading Up 0.9%

NYSE CCI opened at $91.04 on Friday. The firm has a market capitalization of $39.73 billion, a price-to-earnings ratio of 37.62, a P/E/G ratio of 0.46 and a beta of 0.93. The firm's 50 day simple moving average is $85.93 and its 200 day simple moving average is $87.99. Crown Castle Inc. has a 1 year low of $75.96 and a 1 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 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $995.42 million. During the same quarter last year, the business posted $1.10 earnings per share. The company's quarterly revenue 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 research analysts forecast that Crown Castle Inc. will post 4.22 earnings per share for the current year.

Crown Castle Announces Dividend

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

Insiders Place Their Bets

In other news, VP Robert Sean Collins sold 3,000 shares of Crown Castle stock in a transaction 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Edward B. Adams, Jr. sold 4,650 shares of Crown Castle stock in a transaction 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 transaction, the executive vice president owned 25,183 shares in the company, valued at approximately $2,174,300.22. This trade represents a 15.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.09% of the stock is currently owned by insiders.

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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