Cohen & Steers INC Increased Crown Castle International Corp. (CCI) Stake by $61.76 Million as Shares Declined

June 29, 2018 - By Rebecca Betts

Crown Castle International Corp. (NYSE:REIT) Corporate LogoBig Money Sentiment decreased to 1.12 in 2018 Q1. It has change of 0.12, from 2017Q4’s 1.24. The ratio dived due to CCI positioning: 37 sold and 229 reduced. 71 funds bought holdings and 227 increased holdings. Investors holded 368.81 million in 2017Q4 but now own 382.47 million shares or 3.70% more. Amp Cap Limited has 957,347 shs. Next Fincl Group Inc Inc invested 0.07% in Crown Castle International Corp. (NYSE:REIT). Twin Management reported 31,450 shs. Cap Research Glob Investors invested 0.29% in Crown Castle International Corp. (NYSE:REIT). Guardian Life Ins Of America reported 935 shs stake. Andra Ap accumulated 34,700 shs. State Treasurer State Of Michigan invested in 0.13% or 146,874 shs. Appleton Ptnrs Ma holds 14,471 shs or 0.24% of its capital. Whittier Of Nevada Incorporated reported 539 shs or 0% of all its holdings. Obermeyer Wood Invest Counsel Lllp reported 328,888 shs stake. Mason Street Advsr accumulated 0.15% or 57,763 shs. Moreover, Putnam Fl Mgmt Co has 0.87% invested in Crown Castle International Corp. (NYSE:REIT). Oakbrook Invests Ltd Liability stated it has 0.13% in Crown Castle International Corp. (NYSE:REIT). Schwab Charles Inv Management holds 1.48 million shs or 0.13% of its capital. Bill Melinda Gates Foundation Tru stated it has 5.33M shs.

CCI had 2 insider sales and 1 buy since February 21, 2018. This’s net activity of $1.83 million. On Wednesday, February 21 Brown Jay A. had sold 18,000 shs worth $1.95M. Melone Anthony J. also bought $199,988 worth of Crown Castle International Corp. (NYSE:REIT) on Friday, April 27.

In 2018Q1 SEC form is reported Cohen & Steers Inc’s stake in Crown Castle International Corp. (CCI) which was rose by 4.31%. The company’s stock sank 7.89% while Cohen & Steers Inc bought 566,561 shares. The real estate investment trusts company at the end of 2018Q1 was valued at $1.50B. It’s up from 13.14M at the end of the previous reported quarter. Now it had 13.71M shares held by the institutional investor . Crown Castle International Corp. has $44.54 billion market cap. REIT reached $107.36 during the last trading session after $0.24 change.Currently Crown Castle International Corp. is downtrending after 0.04% change in last June 29, 2017. REIT has also 774,839 shares volume. The stock underperformed the S&P 500 by 12.61%.

About $32.69B US Long portfolio Cohen & Steers Inc manages. Its stake in Education Realty Trust Inc. (NYSE:EDR) was decreased by 374,524 shares to 2.53M shares valued at $82.97 million in 2018Q1, according to the filing. Cohen & Steers Inc has cut its stake in Camden Property Trust (NYSE:CPT) and also reduced its holding in Semgroup Corp. (NYSE:SEMG) by 612,411 shares in the quarter, for a total of 783,850 shares.

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

In total 6 analysts cover Crown Castle (NYSE:CCI). “Buy” rating has 5, “Sell” are 0, while 1 are “Hold”. (NYSE:CCI) has 83% bullish analysts. 8 are the (NYSE:CCI)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Tuesday, April 17 the firm earned “Equal-Weight” rating by Barclays Capital. In Thursday, May 31 report Morgan Stanley maintained the stock with “Overweight” rating. The company rating was maintained by Cowen & Co on Thursday, January 25. On Friday, April 20 the rating was maintained by Cowen & Co with “Buy”. The company rating was maintained by Guggenheim on Friday, January 26. On Monday, April 23 the company was maintained by RBC Capital Markets.

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

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