Crown Castle Inc. (NYSE:CCI) Shares Purchased by V Square Quantitative Management LLC

V Square Quantitative Management LLC boosted its position in Crown Castle Inc. (NYSE:CCI) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,913 shares of the real estate investment trust’s stock after acquiring an additional 490 shares during the quarter. V Square Quantitative Management LLC’s holdings in Crown Castle were worth $900,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Malaga Cove Capital LLC raised its holdings in Crown Castle by 1.8% in the third quarter. Malaga Cove Capital LLC now owns 5,546 shares of the real estate investment trust’s stock valued at $658,000 after acquiring an additional 100 shares in the last quarter. Bleakley Financial Group LLC grew its position in shares of Crown Castle by 1.8% during the third quarter. Bleakley Financial Group LLC now owns 6,554 shares of the real estate investment trust’s stock worth $777,000 after acquiring an additional 117 shares during the last quarter. New Century Financial Group LLC grew its position in shares of Crown Castle by 4.8% during the third quarter. New Century Financial Group LLC now owns 2,645 shares of the real estate investment trust’s stock worth $314,000 after acquiring an additional 122 shares during the last quarter. Napa Wealth Management grew its position in shares of Crown Castle by 4.6% during the third quarter. Napa Wealth Management now owns 2,765 shares of the real estate investment trust’s stock worth $328,000 after acquiring an additional 122 shares during the last quarter. Finally, Leo Wealth LLC grew its position in shares of Crown Castle by 0.3% during the third quarter. Leo Wealth LLC now owns 35,763 shares of the real estate investment trust’s stock worth $4,243,000 after acquiring an additional 123 shares during the last quarter. Institutional investors and hedge funds own 90.77% of the company’s stock.

Analysts Set New Price Targets

CCI has been the topic of a number of research reports. Barclays upgraded shares of Crown Castle from an “equal weight” rating to an “overweight” rating and lowered their target price for the stock from $117.00 to $104.00 in a research report on Monday, January 13th. Scotiabank lowered their price objective on shares of Crown Castle from $118.00 to $102.00 and set a “sector perform” rating on the stock in a research report on Thursday, January 23rd. Citizens Jmp upgraded shares of Crown Castle to a “strong-buy” rating in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Crown Castle from $116.00 to $96.00 and set a “hold” rating on the stock in a research report on Thursday, January 23rd. Finally, JMP Securities initiated coverage on shares of Crown Castle in a research report on Monday, January 27th. They issued an “outperform” rating and a $115.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Crown Castle has a consensus rating of “Hold” and a consensus target price of $108.75.

Crown Castle Price Performance

Shares of CCI opened at $88.15 on Friday. Crown Castle Inc. has a 12 month low of $84.20 and a 12 month high of $120.92. The company has a market cap of $38.31 billion, a P/E ratio of 31.26 and a beta of 0.88. The stock has a fifty day moving average price of $90.98 and a 200 day moving average price of $103.95. The company has a debt-to-equity ratio of 4.43, a current ratio of 0.54 and a quick ratio of 0.54.

About Crown Castle

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.