Lion Street Advisors LLC Has $364,000 Position in Crown Castle Inc. (NYSE:CCI)

Lion Street Advisors LLC raised its stake in Crown Castle Inc. (NYSE:CCI) by 9.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,007 shares of the real estate investment trust’s stock after buying an additional 330 shares during the quarter. Lion Street Advisors LLC’s holdings in Crown Castle were worth $364,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AMF Tjanstepension AB boosted its position in Crown Castle by 11.7% during the third quarter. AMF Tjanstepension AB now owns 166,922 shares of the real estate investment trust’s stock valued at $19,835,000 after purchasing an additional 17,524 shares during the last quarter. Czech National Bank raised its stake in shares of Crown Castle by 6.9% during the 3rd quarter. Czech National Bank now owns 88,525 shares of the real estate investment trust’s stock worth $10,502,000 after purchasing an additional 5,723 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Crown Castle by 48.5% during the 3rd quarter. GAMMA Investing LLC now owns 5,224 shares of the real estate investment trust’s stock valued at $620,000 after buying an additional 1,705 shares during the last quarter. Diversified Trust Co bought a new stake in shares of Crown Castle in the 3rd quarter valued at approximately $260,000. Finally, Atomi Financial Group Inc. acquired a new position in Crown Castle in the third quarter worth approximately $334,000. Hedge funds and other institutional investors own 90.77% of the company’s stock.

Crown Castle Price Performance

NYSE:CCI opened at $89.85 on Thursday. The company has a debt-to-equity ratio of 4.43, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a market cap of $39.05 billion, a P/E ratio of 31.86 and a beta of 0.88. The company has a fifty day moving average price of $93.10 and a 200 day moving average price of $104.69. Crown Castle Inc. has a one year low of $84.20 and a one year high of $120.92.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CCI shares. Citigroup set a $128.00 target price on shares of Crown Castle in a research note on Thursday, October 17th. UBS Group lifted their price objective on shares of Crown Castle from $103.00 to $118.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Barclays raised 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. Jefferies Financial Group cut Crown Castle from a “buy” rating to a “hold” rating and reduced their price target for the stock from $127.00 to $84.00 in a research report on Thursday, January 2nd. Finally, Citizens Jmp raised Crown Castle to a “strong-buy” rating in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $110.13.

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.