Crown Castle International (CCI) Downgraded by Zacks Investment Research to "Hold"

Lloyd Doyle
April 16, 2018

The institutional investor held 78,400 shares of the real estate investment trusts company at the end of 2017Q4, valued at $8.70 million, down from 228,800 at the end of the previous reported quarter. Inc. for a number of months, seems to be bullish on the $154.14B market cap company. The stock decreased 1.50% or $0.7 during the last trading session, reaching $45.87. ING Groep NV now owns 14,410 shares of the real estate investment trust's stock valued at $1,441,000 after purchasing an additional 7,668 shares during the period. Silgan Holdings Inc. (NASDAQ:SLGN) has declined 7.70% since April 15, 2017 and is downtrending. It has outperformed by 19.01% the S&P500.

Lvw Advisors Llc increased Crown Castle Intl Corp New (CCI) stake by 38.4% reported in 2017Q4 SEC filing. Mayo Investment Advisers Llc who had been investing in Crown Castle Intl Corp for a number of months, seems to be less bullish one the $43.04 billion market cap company. Tracking current trading session activity on shares of (company), we can see that the stock price recently hit 103.9. About 5.83 million shares traded. Skylands Cap Lc reported 6.48% in Crown Castle International Corp. (NYSE:CCI) has risen 17.78% since April 16, 2017 and is uptrending. It has outperformed by 10.40% the S&P500.

Analysts await Federal Signal Corporation (NYSE:FSS) to report earnings on April, 26. Lakeview Capital Partners Llc owns 2,892 shs or 0.24% of their USA capital. FSS's profit will be $12.00M for 27.91 P/E if the $0.20 EPS becomes a reality. Brandywine invested in 0.22% or 559,907 shares. It worsened, as 49 investors sold FANG shares while 113 reduced holdings. 123 funds opened positions while 558 raised stakes. Ls Invest Advsr Limited Liability Company has 0% invested in Federal Signal Corporation (NYSE:FSS) for 1,735 shares. Liberty Mutual Gru Asset Mgmt Inc owns 16,192 shares. Atlantic Trust Grp Ltd Liability Com holds 50,802 shares. Counselors Inc stated it has 58,991 shares. Johnson Inv Counsel has 2,043 shares. (NASDAQ:FANG). 121,290 were accumulated by Parametric Port Assoc Ltd. Sfmg Ltd Liability Corporation holds 0.17% or 18,322 shares in its portfolio. (NYSE:MRK) for 12,065 shares.

Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. Washington Natl Bank reported 0.01% stake. (NYSE:URI). Oregon Public Employees Retirement Fund invested 0.17% in United Rentals, Inc. (NYSE:MRK). Professional Advisory Svcs Inc has 7,372 shares for 0.09% of their portfolio.

Among 24 analysts covering Merck & Co. (NYSE:REIT) earned "Hold" rating by KeyBanc Capital Markets on Tuesday, October 31. Therefore 30% are positive. Some investors are only interested in buy and hold strategies, while others will opt to try and capitalize on short-term market movements. On Thursday, December 17 the stock rating was maintained by Oppenheimer with "Outperform". Afam Capital Inc sold 4,193 shares as the company's stock declined 17.45% with the market. The rating was maintained by SunTrust on Wednesday, October 18 with "Buy". The firm earned "Underperform" rating on Friday, August 26 by Macquarie Research. The rating was upgraded by Barrington Research to "Outperform" on Friday, January 13.

Since February 21, 2018, it had 0 insider buys, and 2 sales for $2.03 million activity. On Wednesday, February 21 the insider Brown Jay A. sold $1.95 million.


During Q4 2017 the big money sentiment decreased to 1.24. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.30.

Investors might be paying attention to what Wall Street analysts think about shares of Crown Castle International Corporation (NYSE:CCI).

Several other institutional investors and hedge funds have also recently made changes to their positions in CCI. Funds hold 368.81 million shares thus 2.36% less from 2017Q3's 377.71 million shares. Raymond James Trust Na accumulated 29,680 shares. Crown Castle International had a return on equity of 4.95% and a net margin of 10.21%. First Western Capital Mngmt Com owns 5,697 shares for 0.36% of their portfolio. Btr Mngmt owns 96,346 shares. Goldman Sachs lowered shares of Crown Castle International from a "conviction-buy" rating to a "buy" rating in a research report on Tuesday, March 13th.

Why Crown Castle International Corp. Moreover, Congress Asset Management Co Ma has 0.7% invested in Crown Castle International Corp.

Crown Castle International (NYSE:CCI) last announced its quarterly earnings results on Wednesday, January 24th. Jefferies maintained Crown Castle International Corp. (NYSE:REIT) or 18,000 shares.

Real Estate Management Services Llc decreased its stake in Crown Castle International Co. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 9,137 shares in the quarter, leaving it with 36,546 shares, and cut its stake in Chevron Corp (NYSE:CVX). (NYSE:REIT). (NYSE:REIT) for 8.56 million shares. Xact Kapitalforvaltning AB increased its holdings in shares of Crown Castle International by 47.8% during the fourth quarter. (NYSE:REIT). Cibc World Mkts Corporation, a New York-based fund reported 82,115 shares. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. Therefore 64% are positive. Crown Castle had 16 analyst reports since October 15, 2017 according to SRatingsIntel. On Wednesday, December 6 the stock rating was maintained by SunTrust with "Buy". Wells Fargo upgraded Crown Castle International Corp. Deutsche Bank AG restated a "buy" rating and issued a $106.00 price objective on shares of Crown Castle International Corporation in a report on Friday, November 4th. The rating was downgraded by Citigroup on Monday, July 11 to "Neutral". The rating was maintained by Stifel Nicolaus with "Buy" on Wednesday, September 13. The company was maintained on Friday, October 20 by Barclays Capital.

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