Crown Castle International Corp. (CCI) Can’t Burn Your Long Portfolio. Just Reaches All-Time High

Crown Castle International Corp. (NYSE:REIT) Logo

Investors sentiment increased to 1.37 in Q1 2019. Its up 0.11, from 1.26 in 2018Q4. It is positive, as 30 investors sold Crown Castle International Corp. shares while 219 reduced holdings. 102 funds opened positions while 238 raised stakes. 373.08 million shares or 1.75% less from 379.71 million shares in 2018Q4 were reported.
Aqr Cap Limited Liability Company stated it has 0.1% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Fulton Commercial Bank Na holds 0.22% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 24,368 shares. Commerzbank Aktiengesellschaft Fi holds 0.01% or 8,129 shares. B Riley Wealth Management holds 0.07% in Crown Castle International Corp. (NYSE:REIT) or 3,123 shares. Ameriprise Fin Inc reported 1.79M shares or 0.11% of all its holdings. Gulf Financial Bank (Uk) Limited reported 98,642 shares. Keybank National Association Oh reported 58,249 shares stake. Cwm Ltd Liability Corporation reported 1,274 shares. Massachusetts-based Fmr Ltd Liability Co has invested 0.14% in Crown Castle International Corp. (NYSE:REIT). Public Employees Retirement Of Ohio holds 0.19% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 282,433 shares. Loring Wolcott & Coolidge Fiduciary Advsrs Limited Liability Partnership Ma invested in 307 shares or 0% of the stock. Schroder Invest Mgmt Gru invested 0% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Ferguson Wellman Cap has 1,648 shares. First Hawaiian Retail Bank has 5,104 shares. Capital International Sarl invested in 0.49% or 30,790 shares.

Since April 24, 2019, it had 3 insider purchases, and 0 selling transactions for $6.59 million activity.

The stock of Crown Castle International Corp. (NYSE:REIT) reached all time high today, Aug, 15 and still has $150.95 target or 6.00 % above today’s $142.41 share price. This indicates more upside for the $59.21B company. This technical setup was reported by Barchart.com. If the $150.95 PT is reached, the company will be worth $3.55B more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.50% or $3.47 during the last trading session, reaching $142.41. About 1.06M shares traded. Crown Castle International Corp. (NYSE:REIT) has 0.00% since August 15, 2018 and is . It has by 0.00% the S&P500.

Analysts await Crown Castle International Corp. (NYSE:REIT) to report earnings on October, 16. They expect $1.40 EPS, up 0.72 % or $0.01 from last year’s $1.39 per share. CCI’s profit will be $582.06M for 25.43 P/E if the $1.40 EPS becomes a reality. After $1.48 actual EPS reported by Crown Castle International Corp. for the previous quarter, Wall Street now forecasts -5.41 % negative EPS growth.

More notable recent Crown Castle International Corp. (NYSE:REIT) news were published by: Finance.Yahoo.com which released: “2 Mall REIT Stocks Just Plunged: Here’s Why – Yahoo Finance” on July 24, 2019, also Finance.Yahoo.com with their article: “How To Look At Braemar Hotels & Resorts, Inc. (NYSE:BHR) – Yahoo Finance” published on August 14, 2019, Finance.Yahoo.com published: “Don’t Race Out To Buy Whitestone REIT (NYSE:WSR) Just Because It’s Going Ex-Dividend – Yahoo Finance” on July 27, 2019. More interesting news about Crown Castle International Corp. (NYSE:REIT) were released by: Seekingalpha.com and their article: “Simon Property Group: Take This Opportunity To Buy An Undervalued REIT Gem – Seeking Alpha” published on August 15, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Hersha Hospitality Trust (NYSE:HT) A Risky Dividend Stock? – Yahoo Finance” with publication date: August 15, 2019.

Crown Castle provides wireless carriers with the infrastructure they need to keep people connected and businesses running. The company has market cap of $59.21 billion. With approximately 40,000 towers and over 60,000 route miles of fiber supporting small cells following the completion of the Lightower acquisition, Crown Castle is the nation's largest well-known provider of shared wireless infrastructure with a significant presence in the top 100 U.S. markets. It has a 82.84 P/E ratio.

Crown Castle International Corp. (NYSE:REIT) Ratings Chart

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