Sigma Planning Corp Has $656,000 Stake in Crown Castle International Corp. (REIT) (CCI)

Sigma Planning Corp raised its holdings in shares of Crown Castle International Corp. (REIT) (NYSE:CCI) by 18.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,905 shares of the real estate investment trust’s stock after acquiring an additional 911 shares during the quarter. Sigma Planning Corp’s holdings in Crown Castle International were worth $656,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in CCI. Legacy Advisors LLC acquired a new position in shares of Crown Castle International during the 3rd quarter worth about $100,000. Spectrum Management Group Inc. acquired a new position in shares of Crown Castle International during the 3rd quarter worth about $124,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of Crown Castle International by 1,463.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,157 shares of the real estate investment trust’s stock worth $128,000 after acquiring an additional 1,083 shares in the last quarter. Fieldpoint Private Securities LLC acquired a new position in shares of Crown Castle International during the 3rd quarter worth about $137,000. Finally, Knights of Columbus Asset Advisors LLC acquired a new position in shares of Crown Castle International during the 3rd quarter worth about $140,000. 93.47% of the stock is owned by institutional investors and hedge funds.

Shares of Crown Castle International Corp. (NYSE CCI) opened at $105.36 on Thursday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 7.13 and a current ratio of 0.88. The company has a market capitalization of $43,212.02, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 1.31 and a beta of 0.26. Crown Castle International Corp. has a one year low of $88.54 and a one year high of $114.97.

Crown Castle International (NYSE:CCI) last posted its quarterly earnings data on Wednesday, January 24th. The real estate investment trust reported $0.17 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.84). The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Crown Castle International had a net margin of 10.21% and a return on equity of 4.95%. The firm’s revenue was up 20.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.10 earnings per share. equities research analysts predict that Crown Castle International Corp. will post 5.25 earnings per share for the current year.

A number of brokerages recently issued reports on CCI. Zacks Investment Research raised Crown Castle International from a “sell” rating to a “hold” rating in a research report on Monday, January 29th. Guggenheim reissued a “buy” rating and issued a $115.00 target price on shares of Crown Castle International in a research report on Friday, January 26th. Deutsche Bank reissued a “buy” rating and issued a $120.00 target price on shares of Crown Castle International in a research report on Monday, January 22nd. KeyCorp reissued a “hold” rating on shares of Crown Castle International in a research report on Tuesday, October 31st. Finally, Macquarie reissued a “buy” rating and issued a $119.00 target price on shares of Crown Castle International in a research report on Sunday, October 22nd. Eight analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Crown Castle International has a consensus rating of “Buy” and a consensus price target of $113.33.

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Crown Castle International Company Profile

Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests).

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Institutional Ownership by Quarter for Crown Castle International (NYSE:CCI)

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