U.S. Capital Wealth Advisors LLC Boosts Stock Holdings in Crown Castle Inc. (NYSE:CCI)

U.S. Capital Wealth Advisors LLC raised its holdings in shares of Crown Castle Inc. (NYSE:CCI - Free Report) by 214.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,358 shares of the real estate investment trust's stock after purchasing an additional 39,805 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Crown Castle were worth $6,722,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CCI. Operose Advisors LLC bought a new stake in Crown Castle during the 3rd quarter valued at $30,000. Valley National Advisers Inc. grew its stake in shares of Crown Castle by 51.1% in the 4th quarter. Valley National Advisers Inc. now owns 287 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 97 shares in the last quarter. HHM Wealth Advisors LLC grew its stake in shares of Crown Castle by 154.8% in the 3rd quarter. HHM Wealth Advisors LLC now owns 395 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 240 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in shares of Crown Castle by 126.1% in the 4th quarter. SRS Capital Advisors Inc. now owns 312 shares of the real estate investment trust's stock worth $36,000 after acquiring an additional 174 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its stake in shares of Crown Castle by 43.6% in the 4th quarter. Rosenberg Matthew Hamilton now owns 372 shares of the real estate investment trust's stock worth $43,000 after acquiring an additional 113 shares in the last quarter. Institutional investors own 90.77% of the company's stock.

Crown Castle Price Performance

CCI traded up $0.95 during trading on Friday, reaching $97.39. 4,119,456 shares of the company were exchanged, compared to its average volume of 3,351,464. Crown Castle Inc. has a 12-month low of $84.72 and a 12-month high of $119.60. The company's 50-day moving average is $102.38 and its two-hundred day moving average is $105.49. The company has a quick ratio of 0.40, a current ratio of 0.42 and a debt-to-equity ratio of 3.73. The company has a market cap of $42.32 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 2.59 and a beta of 0.76.

Crown Castle (NYSE:CCI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 17th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.63 by ($0.92). The firm had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.63 billion. Crown Castle had a return on equity of 21.30% and a net margin of 20.32%. The company's quarterly revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.91 earnings per share. Research analysts forecast that Crown Castle Inc. will post 6.59 earnings per share for the current fiscal year.

Crown Castle Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $1.565 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $6.26 dividend on an annualized basis and a dividend yield of 6.43%. Crown Castle's dividend payout ratio (DPR) is currently 195.63%.

Analysts Set New Price Targets

Several research firms have recently issued reports on CCI. Bank of America reduced their target price on shares of Crown Castle from $120.00 to $105.00 and set a "neutral" rating for the company in a research note on Friday, April 19th. Argus lowered shares of Crown Castle from a "buy" rating to a "hold" rating in a research note on Friday, April 19th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Crown Castle from $110.00 to $109.00 and set a "hold" rating for the company in a research note on Monday, April 22nd. Scotiabank reduced their target price on shares of Crown Castle from $133.00 to $118.00 and set a "sector perform" rating for the company in a research note on Thursday, April 18th. Finally, Jefferies Financial Group reduced their target price on shares of Crown Castle from $126.00 to $123.00 and set a "buy" rating for the company in a research note on Thursday, April 18th. Eleven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $113.29.

Crown Castle Company Profile

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them.