Crown Castle International Corporation (CCI) Shares Bought by Piedmont Investment Advisors LLC

Cornelia Mascio
Ottobre 13, 2017

The P/E of Crown Castle International Corp.is now valued at 81.9 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes. The hedge fund held 70,000 shares of the real estate investment trusts company at the end of 2017Q2, valued at $7.01 million, up from 50,000 at the end of the previous reported quarter. Crown Castle International Co. now has $41.52 billion valuation. The stock increased 0.87% or $0.89 during the last trading session, reaching $103.1.

Short traders are feeling a little more bearish on shares of the company if you take into consideration the change in short interest. At current levels, Crown Castle International Corp. (NYSE:CCI) are 18.82% since the start of 2016. It has underperformed by 5.63% the S&P500. The forecast of 13 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Therefore 60% are positive. The firm has "Buy" rating given on Tuesday, August 22 by Jefferies. On Thursday, February 25 the stock rating was initiated by Suntrust Robinson with "Buy". The company was maintained on Friday, May 26 by Stifel Nicolaus. The company was maintained on Monday, September 25 by Tigress Financial. The firm has "Hold" rating given on Thursday, October 22 by Commerzbank. The rating was downgraded by Macquarie Research to "Sell" on Wednesday, June 21.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.11, from 1.42 in 2017Q1. Phocas reported 31,612 shares. 35 funds opened positions while 91 raised stakes. About shares traded. Mohawk Industries, Inc. Bancorporation Of Hawaii invested in 30,697 shares or 0.27% of the stock. Parametric Port Assoc Ltd Liability Company holds 0.14% or 1.12 million shares in its portfolio. Mason Street Advsr Ltd Limited Liability Company, Wisconsin-based fund reported 54,524 shares. Sandy Spring Bancorp reported 0% stake. Franklin invested in 66,179 shares. Amf Pensionsforsakring has invested 0.45% in Mohawk Industries, Inc. Cibc World has invested 0% in Axel Springer SE (ETR:SPR). Boston Ltd Llc holds 0.38% or 68,308 shares in its portfolio.

Shares of Chipotle Mexican Grill, Inc. Kbc Grp Incorporated Nv reported 267,689 shares.

Axel Springer SE is a Germany-based publishing firm that operates through three divisions: Classified Ad Models, Paid Models and Marketing Models. The company has market cap of $4.44 billion. The Classified Ad Models segment focuses on online classified advertising and includes, among others, belvilla.com, immonet.de, meinestadt.de and totaljobs.com; the Paid Models segment comprises all business models that are primarily used by paying readers, including the digital and print media of the BILD and WELTN24 Group, the computer, auto and sport magazines of the BILD brand family, B.Z. and the music magazines, and the Marketing Models segment focuses on sales to advertising clients and includes finanzen.net, idealo.de and gofeminin.de, among others. A company with higher PE ratio is more worthy against a company with lower PE ratio.

About 117,340 shares traded. Tallgrass Energy GP LP (NYSE:TEGP) has risen 5.26% since October 12, 2016 and is uptrending. It has underperformed by 2.87% the S&P500.

Among 19 analysts covering Crown Castle International Corp (NYSE:CCI), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 32% are positive. Crown Castle International Corp had 45 analyst reports since July 21, 2015 according to SRatingsIntel.

Crown Castle International Corporation (NYSE:CCI) last issued its quarterly earnings data on Wednesday, July 19th. Colonial Trust has invested 1.09% in Crown Castle International Corp. "Boosts Stake in Crown Castle International Corporation (CCI)" was published by TrueBlueTribune and is owned by of TrueBlueTribune.

The P/E ratio is 81.57 and the market cap of the company is 41.52B. (REIT) (NYSE:CCI) has "Neutral" rating given on Monday, July 11 by Citigroup. Crown Castle International Corporation's dividend payout ratio (DPR) is now 304.00%. The firm has "Buy" rating given on Friday, July 7 by RBC Capital Markets. (REIT) from $101.00 to $95.00 and set an "equal weight" rating on the stock in a research report on Monday, May 22nd.

Raymond James Financial Services Advisors Inc. raised its stake in Crown Castle International Corporation (NYSE:CCI) by 8.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. On Friday, November 13 the stock rating was upgraded by Northcoast to "Buy". On Monday, February 13 the stock rating was maintained by Stifel Nicolaus with "Buy".

Telemark Asset Management Llc decreased Sba Communications Corp New stake by 10,000 shares to 30,000 valued at $4.05M in 2017Q2. With an institutional ownership near 87.5%, it carries an earnings per share ratio of 1.64. It also reduced its holding in Trimble Inc (NASDAQ:TRMB) by 20,000 shares in the quarter, leaving it with 400,000 shares, and cut its stake in Novanta Inc. The shares were sold at an average price of $97.50, for a total transaction of $2,402,985.00. The insider MCKENZIE ROBERT F sold $144,716. Young James D had sold 24,646 shares worth $2.40 million on Wednesday, May 17.

Looking forward, the company's quarterly earnings are expected to come at $1.78 in the three months through September 2017 and $1.81 in the quarter ending December 2017, reflecting 125.32% and 229.09% growth, respectively. Its down 0.11, from 1.42 in 2017Q1. It turned negative, as 46 investors sold CCI shares while 195 reduced holdings.

These funds have shifted positions in (CCI).

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