Crown Castle International Corp. (REIT) (NYSE:CCI) marched up 15.76% compared to a 52-week low price of $93.14. The shares were last seen trading 0.2% higher, taking the closing price at $107.82 on 06/29/2018. At recent session, the prices were hovering between $106.19 and $108.34. This company shares are 6.97% off its target price of $115.33 and the current market capitalization stands at $44.11B. The recent change has given its price a 4.56% lead over SMA 50 and -6.22% deficit over its 52-week high. The stock witnessed 3.52% gains, -0.9% declines and -1.82% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CCI’s volatility during a week at 1.67% and during a month it has been found around 1.64%.Crown Castle International Corp. (REIT) (CCI) Top Holders
Institutional investors currently hold around $42.81 billion or 97.7% in CCI stock. Look at its top three institutional owners. Vanguard Group Inc owns $4.06 billion in Crown Castle International Corp. (REIT), which represents roughly 9.21% of the company’s market cap and approximately 9.49% of the institutional ownership. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 34,871,803 shares of the stock are valued at $3.76 billion. The third largest holder is Blackrock Inc., which currently holds $2.91 billion worth of this stock and that ownership represents nearly 6.6% of its market capitalization.
At the end of March reporting period, 409 institutional holders increased their position in Crown Castle International Corp. (REIT) (NYSE:CCI) by some 41,733,770 shares, 354 decreased positions by 24,745,708 and 106 held positions by 330,581,140. That puts total institutional holdings at 397,060,618 shares, according to SEC filings. The stock grabbed 89 new institutional investments totaling 1,904,195 shares while 62 institutional investors sold out their entire positions totaling 1,308,012 shares.Crown Castle International Corp. (REIT) (NYSE:CCI) Insider Trades
Multiple company employees have indulged in significant insider trading. Crown Castle International Corp. (REIT) disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Melone Anthony J. has acquired 1,979 shares of Crown Castle International Corp. (REIT) (CCI) in trading session dated Apr. 27, 2018. These shares are worth $199,998 and were traded at $101.06 each. The SEC filing shows that Simon Kenneth Jay performed a sale of 693 shares. The SVP and General Counsel disposed these shares by way of transaction on Feb. 23, 2018. The company’s shares were given away at $108.79 per share worth to an income of some $75,391 on account of Simon Kenneth Jay.
President and CEO, Brown Jay A., sold 18,000 common shares of Crown Castle International Corp. (REIT) (CCI) in the open market. In a transaction dated Feb. 22, 2018, the shares were put up for sale at an average price of $108.43, raking in a sum of $1,951,740. After this sale, 173,810 common shares of CCI are directly owned by the insider, with total stake valued at $18,740,194.
In the transaction dated Nov. 06, 2017, the great number of shares disposed came courtesy the Senior VP, Corp Dev & Strategy; Kelley Philip M disposed a total of 10,551 shares at an average price of $113.09, amounting to approximately $1,193,213. The insider now directly owns 92,625 shares worth $9,986,828.
Several analysts have released their opinion on Crown Castle International Corp. (REIT) (NYSE:CCI), with 7 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.93 average brokerage recommendation.