Crown Castle Intl Corp New (CCI) Holder Rare Infrastructure LTD Decreased Its Stake by $35.87 Million as Stock Value Declined

June 14, 2018 - By Alfred Lee

Crown Castle International Corp. (NYSE:REIT) LogoInvestors sentiment decreased to 1.12 in 2018 Q1. 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. Soros Fund Mngmt Ltd Liability Co accumulated 0.18% or 100,000 shares. Pub Employees Retirement Systems Of Ohio holds 268,338 shares or 0.15% of its portfolio. National Pension owns 0.21% invested in Crown Castle International Corp. (NYSE:REIT) for 395,619 shares. Private Harbour Inv & Counsel Ltd Liability reported 1.26% stake. Argent Trust, a Tennessee-based fund reported 3,593 shares. Savings Bank Of America De reported 0.25% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Rampart Mgmt Company Limited Liability Company holds 18,065 shares. Ww Asset Mngmt reported 0.17% in Crown Castle International Corp. (NYSE:REIT). Stratos Wealth Ptnrs Ltd holds 0.01% or 1,788 shares. Shine Investment Advisory Incorporated accumulated 0.06% or 983 shares. Massachusetts-based Eastern State Bank has invested 0.14% in Crown Castle International Corp. (NYSE:REIT). Kings Point Mngmt has invested 0.93% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Cibc Inc invested 0% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Cambridge Invest Research Advisors stated it has 18,784 shares. Perella Weinberg Prtnrs Capital Lp invested 0.07% of its portfolio 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. 693 shares were sold by Simon Kenneth Jay, worth $75,391 on Wednesday, February 21. 1,979 shares valued at $199,988 were bought by Melone Anthony J. on Friday, April 27.

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 1.24 million shares of the real estate investment trusts company at the end of 2018Q1, valued at $135.57 million, 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 2.97M 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. On Monday, April 23 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating by Cowen & Co given on Friday, April 20. The stock of Crown Castle International Corp. (NYSE:REIT) earned “Buy” rating by Guggenheim on Friday, January 26. The rating was maintained by Cowen & Co on Thursday, January 25 with “Buy”. Morgan Stanley maintained Crown Castle International Corp. (NYSE:REIT) rating on Thursday, May 31. Morgan Stanley has “Overweight” rating and $116 target. The stock of Crown Castle International Corp. (NYSE:REIT) earned “Equal-Weight” rating by Barclays Capital on Tuesday, April 17.

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

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