Northern Trust Corp Boosts Holdings in Crown Castle International Corporation (CCI)

Mae Love
September 21, 2017

Assenagon Asset Management S.A. acquired a new position in Crown Castle International Corporation during the first quarter valued at approximately $647,000. Wells Fargo & Co raised shares of Crown Castle International Corp.

This stock (CCI) is ahead of its 52-week low with 28.7%. The hedge fund held 2.10M shares of the central company at the end of 2016Q4, valued at $39.95M, up from 1.69 million at the end of the previous reported quarter. The stock declined 0.62% or $0.63 reaching $101.53 per share. About 850,308 shares traded. ICU Medical, Incorporated (ICUI) has risen 61.84% since September 20, 2016 and is uptrending. It has underperformed by 47.55% the S&P500. Crown Castle International Corporation had a net margin of 11.14% and a return on equity of 6.21%. (REIT) (NYSE:CCI) to report $1.13 EPS on October, 19.They anticipate $0.04 EPS change or 3.67% from last quarter's $1.09 EPS. (NYSE:CCI) in the last month has decreased -2.55%. Analysts have placed a $110.03 price target on Crown Castle International Corp., suggesting a 7.7% gain from recent close. The company's quarterly EPS surprised Wall Street by as much as 11% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Looking forward, the company's quarterly earnings are expected to come at $0.34 in the three months through September 2017 and $0.4 in the quarter ending December 2017, reflecting -8.11% and -2.44% growth, respectively. 24,646 shares were sold by Young James D, worth $2.40 million on Wednesday, May 17. Martin Currie Limited invested in 216,475 shares or 1.76% of the stock.

When volumes suddenly increase above normal levels, it can be a sign that investors feel very strongly in one way or the other about the future direction of a stock, or may even have access to inside information. Its up 0.33, from 1.12 in 2016Q3. It dived, as 46 investors sold CCI shares while 195 reduced holdings. 78 funds opened positions while 252 raised stakes. (NYSE:CCI) trading capacity remained 4.94 million shares during the last session. Advantus Cap Management Incorporated accumulated 111,196 shares. (NASDAQ:BSTG), its shares were trading at $0.33 a retreat of $0, on the trading floor. Parallel Advisors LLC grew its holdings in shares of Crown Castle International Corporation by 261.5% during the first quarter. (REIT) (NYSE:CCI). Aperio Grp Inc Ltd Liability holds 160,742 shares. New Mexico Educational Retirement Board holds 38,500 shares or 0.15% of its portfolio.

United Asset Strategies Inc increased Spdr S&P 500 Etf Tr (SPY) stake by 1,645 shares to 18,342 valued at $4.10M in 2016Q4. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.09% stake.

Peavine Capital Llc holds 3.47% of its portfolio in Western Alliance Bancorporation for 124,542 shares. Shares are now up +11.29% over the past year, underperforming the broad market by -34.09% and outperformed a peer group of similar companies by 774%. Rmsincerbeaux Mgmt has invested 0.53% in Crown Castle International Corp. The rating was downgraded by Raymond James to "Market Perform" on Monday, June 12. 131,450 were reported by State Of Alaska Department Of Revenue. The institutional investor owned 3,942 shares of the real estate investment trust's stock after buying an additional 127 shares during the period. The stock of Crown Castle International Corp. (NYSE:CCI). The stock is now valued at $102.16 after moving -2.31% in the most recent session and -3.81% over the past 5 trading days. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.10, which implies that analysts are generally neutral in their outlook for CCI over the next year. Therefore 74% are positive. MPLX LP had 43 analyst reports since October 20, 2015 according to SRatingsIntel. On Wednesday, April 19 the stock rating was maintained by RBC Capital Markets with "Buy".

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Crown Castle International Corp. has a 12 month low of $79.38 and a 12 month high of $102.82. (REIT) (NYSE:CCI) earned "Buy" rating by Stifel Nicolaus on Friday, July 22. As per Monday, April 25, the company rating was maintained by Cowen & Co. The stock now has a consensus rating of "Buy" and a consensus price target of $106.45. On Thursday, May 25 the stock rating was maintained by RBC Capital Markets with "Buy". Bancorp Of Nova Scotia reported 8,050 shares stake. It also reduced its holding in Nextera Energy Inc (NYSE:NEE) by 216,278 shares in the quarter, leaving it with 164,815 shares, and cut its stake in Public Service Enterprise Gp (NYSE:PEG). Select Sector Spdr Tr (XLB) was raised too.

Since May 31, 2017, it had 1 buying transaction, and 0 sales for $14,565 activity. Hightower Advisors Limited has 15,009 shares for 0.01% of their portfolio. Moreover, Castine Capital Management Llc has 2.86% invested in the company for 129,467 shares. The Wyoming-based Friess Associates Llc has invested 1.83% in the stock. Cbre Clarion Secs Limited Liability Corporation, Pennsylvania-based fund reported 1.27 million shares.

Ratings analysis reveals 50% of Ciena's analysts are positive.

COPYRIGHT VIOLATION WARNING: "Mayo Investment Advisers LLC Buys 22,115 Shares of Crown Castle International Corporation (NYSE:CCI)" was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. The stock has risen 25.18% since then. Goelzer Invest Management accumulated 37,108 shares or 0.42% of the stock. (REIT) (NYSE:CCI). Rafferty Asset Mngmt Ltd Liability Co reported 0.07% in Crown Castle International Corp. Barclays Capital has "Overweight" rating and $42 target. Jefferies maintained the stock with "Hold" rating in Tuesday, May 30 report. The firm has "Buy" rating given on Friday, May 26 by Stifel Nicolaus.

About 2.32 million shares traded.

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