Inspire Trust Co. N.A. Increases Stake in Crown Castle Inc. (NYSE:CCI)

22 May 2025, 09:12 by Jessica Moore · The Cerbat Gem

Inspire Trust Co. N.A. raised its holdings in shares of Crown Castle Inc. (NYSE:CCI – Free Report) by 32.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,000 shares of the real estate investment trust’s stock after acquiring an additional 3,900 shares during the quarter. Inspire Trust Co. N.A.’s holdings in Crown Castle were worth $1,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of CCI. Exchange Traded Concepts LLC lifted its position in Crown Castle by 12.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,137 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 126 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Crown Castle by 5.9% during the 4th quarter. IFP Advisors Inc now owns 2,373 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 133 shares in the last quarter. Howard Capital Management Inc. lifted its position in shares of Crown Castle by 1.2% during the 4th quarter. Howard Capital Management Inc. now owns 11,475 shares of the real estate investment trust’s stock valued at $1,041,000 after buying an additional 135 shares in the last quarter. Cidel Asset Management Inc. grew its stake in shares of Crown Castle by 6.4% during the 4th quarter. Cidel Asset Management Inc. now owns 2,285 shares of the real estate investment trust’s stock valued at $207,000 after acquiring an additional 137 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in shares of Crown Castle by 5.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,526 shares of the real estate investment trust’s stock valued at $227,000 after acquiring an additional 141 shares during the period. Institutional investors own 90.77% of the company’s stock.

Wall Street Analysts Forecast Growth

CCI has been the topic of a number of recent analyst reports. Wolfe Research upgraded shares of Crown Castle from an “underperform” rating to a “peer perform” rating in a research note on Monday, March 17th. Argus raised shares of Crown Castle to a “hold” rating in a research note on Friday, March 21st. JPMorgan Chase & Co. decreased their price objective on shares of Crown Castle from $121.00 to $115.00 and set a “neutral” rating on the stock in a research report on Monday, March 17th. BMO Capital Markets restated a “market perform” rating on shares of Crown Castle in a research note on Tuesday, March 25th. Finally, Moffett Nathanson dropped their target price on shares of Crown Castle from $127.00 to $105.00 in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, seven have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $112.71.

Check Out Our Latest Research Report on Crown Castle

Insider Buying and Selling at Crown Castle

In other Crown Castle news, VP Robert Sean Collins sold 3,600 shares of the business’s stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $106.72, for a total transaction of $384,192.00. Following the sale, the vice president now directly owns 6,465 shares of the company’s stock, valued at $689,944.80. The trade was a 35.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Edward B. Adams, Jr. sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $106.37, for a total value of $850,960.00. Following the sale, the executive vice president now owns 20,528 shares in the company, valued at approximately $2,183,563.36. This trade represents a 28.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 31,600 shares of company stock worth $3,362,752 over the last 90 days. 0.10% of the stock is owned by insiders.

Crown Castle Price Performance

Shares of Crown Castle stock opened at $101.44 on Thursday. The firm has a market cap of $44.17 billion, a PE ratio of 35.97 and a beta of 0.93. The stock has a 50 day moving average of $102.06 and a 200 day moving average of $97.53. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 4.43. Crown Castle Inc. has a 12 month low of $84.20 and a 12 month high of $120.92.

Crown Castle (NYSE:CCI – Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.62). The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Crown Castle had a return on equity of 20.98% and a net margin of 18.59%. The firm’s revenue was down 4.8% on a year-over-year basis. During the same period last year, the company earned $1.72 earnings per share. On average, research analysts expect that Crown Castle Inc. will post 6.67 EPS for the current fiscal year.

Crown Castle Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 4.19%. Crown Castle’s payout ratio is -58.18%.

Crown Castle Profile

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