Crown Castle International Corporation (NYSE:CCI) is expected to pay $0.89 on Sep 30, 2016. The indicated annual dividend is $3.54. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on Crown Castle International Corporation’s current price of $92.36, the dividend is 0.96%. This dividend’s record date is Sep 16, 2016 and the announcement date is Aug 3, 2016. About 168,218 shares traded hands. Crown Castle International Corp (NYSE:CCI) has risen 14.97% since February 8, 2016 and is uptrending. It has underperformed by 1.52% the S&P500.
Crown Castle International Corp. is a real estate investment trust. The company has a market cap of $31.18 billion. The Firm owns, operates, and leases shared wireless infrastructure, including towers and other structures, such as rooftops and small cell networks supported by fiber. It has a 91.95 P/E ratio. The Firm operates through U.S. activities segment.
The institutional sentiment increased to 1.63 in 2016 Q2. Its up 0.12, from 1.51 in 2016Q1. The ratio increased, as 41 funds sold all Crown Castle International Corp shares owned while 159 reduced positions. 90 funds bought stakes while 235 increased positions. They now own 321.34 million shares or 1.05% more from 318.01 million shares in 2016Q1.
Michael & Susan Dell Foundation holds 34.02% of its portfolio in Crown Castle International Corp for 323,300 shares. Rare Infrastructure Ltd owns 2.19 million shares or 9.96% of their US portfolio. Moreover, Skylands Capital Llc has 9.83% invested in the company for 593,000 shares. The Switzerland-based Partners Group Holding Ag has invested 7.95% in the stock. Highline Capital Management L.P., a New York-based fund reported 1.93 million shares.
Out of 9 analysts covering Crown Castle REIT (NYSE:CCI), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. Crown Castle REIT has been the topic of 12 analyst reports since October 23, 2015 according to StockzIntelligence Inc. SunTrust initiated the stock on September 13 with “Buy” rating.
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