Crown Castle Intl Corp New (CCI) Shares Declined While Rare Infrastructure LTD Has Cut Its Stake

June 14, 2018 - By Kurt Siggers

Crown Castle International Corp. (NYSE:REIT) LogoInvestors sentiment decreased to 1.12 in Q1 2018. Its down 0.12, from 1.24 in 2017Q4. It worsened, as 37 investors sold CCI shares while 229 reduced holdings. 71 funds opened positions while 227 raised stakes. 382.47 million shares or 3.70% more from 368.81 million shares in 2017Q4 were reported. Daiwa Gp Incorporated invested in 3.88% or 4.42 million shares. Neuberger Berman Grp Limited Liability Co holds 1.41M shares. Yorktown Management Rech Company Inc invested 0.09% in Crown Castle International Corp. (NYSE:REIT). Metropolitan Life New York reported 81,898 shares. Fin Counselors has invested 0.52% in Crown Castle International Corp. (NYSE:REIT). Sun Life Financial Incorporated accumulated 207 shares or 0% of the stock. Retail Bank Of New York Mellon Corp accumulated 3.09M shares or 0.09% of the stock. Sg Americas Secs Limited Liability Com reported 0.13% in Crown Castle International Corp. (NYSE:REIT). Moreover, Quantitative Invest Mgmt Limited Liability Co has 0.28% invested in Crown Castle International Corp. (NYSE:REIT) for 148,000 shares. Jefferies Group Llc stated it has 0.01% in Crown Castle International Corp. (NYSE:REIT). Gofen Glossberg Limited Liability Com Il, a Illinois-based fund reported 1,843 shares. Kayne Anderson Cap Advsrs Lp has invested 0.02% in Crown Castle International Corp. (NYSE:REIT). Credit Suisse Ag stated it has 1.00M shares or 0.1% of all its holdings. Baystate Wealth Mgmt Limited Liability Com holds 0% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 20 shares. Mckinley Carter Wealth Services invested 0.04% in Crown Castle International Corp. (NYSE:REIT).

Since February 21, 2018, it had 1 buying transaction, and 2 selling transactions for $1.83 million activity. $1.95 million worth of Crown Castle International Corp. (NYSE:REIT) was sold by Brown Jay A. on Wednesday, February 21. Melone Anthony J. bought $199,988 worth of stock.

Rare Infrastructure Ltd decreased its stake in Crown Castle Intl Corp New (CCI) by 21.02% based on its latest 2018Q1 regulatory filing with the SEC. Rare Infrastructure Ltd sold 329,116 shares as the company’s stock declined 7.89% with the market. The institutional investor held 1.24M shares of the real estate investment trusts company at the end of 2018Q1, valued at $135.57M, down from 1.57M at the end of the previous reported quarter. Rare Infrastructure Ltd who had been investing in Crown Castle Intl Corp New for a number of months, seems to be less bullish one the $41.97B market cap company. The stock increased 1.16% or $1.16 during the last trading session, reaching $101.18. About 2.97 million shares traded or 10.62% up from the average. Crown Castle International Corp. (NYSE:CCI) has declined 0.04% since June 14, 2017 and is downtrending. It has underperformed by 12.61% the S&P500.

Crown Castle International Corp. (NYSE:REIT) Ratings Coverage

Among 6 analysts covering Crown Castle (NYSE:CCI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Crown Castle had 8 analyst reports since January 17, 2018 according to SRatingsIntel. The stock of Crown Castle International Corp. (NYSE:REIT) has “Buy” rating given on Friday, April 20 by Cowen & Co. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, April 17. The stock of Crown Castle International Corp. (NYSE:REIT) has “Buy” rating given on Friday, January 26 by Guggenheim. The rating was maintained by RBC Capital Markets with “Buy” on Monday, April 23. The stock of Crown Castle International Corp. (NYSE:REIT) has “Overweight” rating given on Thursday, May 31 by Morgan Stanley. The firm earned “Buy” rating on Thursday, January 25 by Cowen & Co.

Crown Castle International Corp. (NYSE:REIT) Ratings Chart

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