Rep. Bruce Westerman Buys Crown Castle Inc. (NYSE:CCI) Shares

Representative Bruce Westerman (R-Arkansas) recently bought shares of Crown Castle Inc. NYSE: CCI. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Crown Castle stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

Crown Castle Stock Performance

Shares of CCI traded down $2.62 during mid-day trading on Wednesday, hitting $101.75. 1,256,117 shares of the company's stock were exchanged, compared to its average volume of 2,877,767. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 4.43. The firm has a market cap of $44.31 billion, a price-to-earnings ratio of 36.08 and a beta of 0.93. The stock's 50-day simple moving average is $98.26 and its 200-day simple moving average is $98.55. Crown Castle Inc. has a 52 week low of $84.20 and a 52 week high of $120.92.

Crown Castle Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a $1.565 dividend. This represents a $6.26 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date of this dividend was Friday, March 14th. Crown Castle's dividend payout ratio is currently -69.71%.

Institutional Trading of Crown Castle

Large investors have recently bought and sold shares of the business. CHICAGO TRUST Co NA raised its stake in Crown Castle by 3.0% in the first quarter. CHICAGO TRUST Co NA now owns 3,532 shares of the real estate investment trust's stock valued at $368,000 after purchasing an additional 104 shares in the last quarter. Beacon Capital Management LLC lifted its stake in Crown Castle by 36.6% during the first quarter. Beacon Capital Management LLC now owns 448 shares of the real estate investment trust's stock worth $47,000 after purchasing an additional 120 shares during the last quarter. Accurate Wealth Management LLC increased its position in shares of Crown Castle by 5.4% during the 4th quarter. Accurate Wealth Management LLC now owns 2,429 shares of the real estate investment trust's stock valued at $205,000 after purchasing an additional 124 shares during the last quarter. Exchange Traded Concepts LLC grew its position in Crown Castle by 12.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,137 shares of the real estate investment trust's stock valued at $103,000 after acquiring an additional 126 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Crown Castle by 5.9% during the fourth quarter. IFP Advisors Inc now owns 2,373 shares of the real estate investment trust's stock worth $216,000 after acquiring an additional 133 shares in the last quarter. 90.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on CCI shares. Wells Fargo & Company upgraded Crown Castle from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $85.00 to $105.00 in a research report on Monday, March 17th. Citigroup reaffirmed a "buy" rating on shares of Crown Castle in a research report on Tuesday, March 25th. Jefferies Financial Group downgraded shares of Crown Castle from a "buy" rating to a "hold" rating and cut their price target for the stock from $127.00 to $84.00 in a report on Thursday, January 2nd. Citizens Jmp raised shares of Crown Castle to a "strong-buy" rating in a research note on Monday, January 27th. Finally, Argus upgraded shares of Crown Castle to a "hold" rating in a research report on Friday, March 21st. Twelve analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $110.47.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

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.