Crown Castle International Corporation (NYSE:CCI) on Focus After Report of More Shorts

September 17, 2017 - By Winifred Garcia

 Crown Castle International Corporation (NYSE:CCI) on Focus After Report of More Shorts

Investors sentiment increased to 1.45 in Q4 2016. Its up 0.33, from 1.12 in 2016Q3. It is positive, as 58 investors sold Crown Castle International Corp. (REIT) shares while 169 reduced holdings. 78 funds opened positions while 252 raised stakes. 330.20 million shares or 4.13% more from 317.10 million shares in 2016Q3 were reported.
Busey Company reported 0.72% of its portfolio in Crown Castle International Corp. (REIT) (NYSE:CCI). Johnson Financial Group Inc stated it has 510 shares. Raymond James Financial Service Inc reported 53,076 shares. Massmutual Trust Company Fsb Adv holds 13,777 shares or 0% of its portfolio. Trustmark State Bank Department reported 0.16% in Crown Castle International Corp. (REIT) (NYSE:CCI). Putnam Invs has invested 0% in Crown Castle International Corp. (REIT) (NYSE:CCI). 8,090 were reported by American Natl Registered Invest Advisor. Usca Ria Limited Liability Corp has invested 0.1% in Crown Castle International Corp. (REIT) (NYSE:CCI). Los Angeles Cap Mgmt And Equity accumulated 113,290 shares or 0.08% of the stock. 21,051 were accumulated by Fulton National Bank & Trust Na. Manning And Napier Ltd Liability Corp owns 60,100 shares. Appleton Prns Ma has invested 0.19% of its portfolio in Crown Castle International Corp. (REIT) (NYSE:CCI). Ls Ltd Liability Corporation invested 0.15% of its portfolio in Crown Castle International Corp. (REIT) (NYSE:CCI). Tarbox Group Incorporated Inc holds 184 shares. The New York-based Neuberger Berman Gp Inc Ltd Limited Liability Company has invested 0.21% in Crown Castle International Corp. (REIT) (NYSE:CCI).

Since May 16, 2017, it had 0 insider buys, and 2 selling transactions for $2.55 million activity. $144,716 worth of Crown Castle International Corp. (REIT) (NYSE:CCI) was sold by MCKENZIE ROBERT F.

The stock of Crown Castle International Corporation (NYSE:CCI) registered an increase of 18.14% in short interest. CCI’s total short interest was 10.04 million shares in September as published by FINRA. Its up 18.14% from 8.50M shares, reported previously. With 2.38M shares average volume, it will take short sellers 4 days to cover their CCI’s short positions. The short interest to Crown Castle International Corporation’s float is 2.8%.

The stock increased 0.64% or $0.67 on September 15, reaching $105.48. About 2.99M shares traded or 32.89% up from the average. Crown Castle International Corp. (REIT) (NYSE:CCI) has risen 11.07% since September 17, 2016 and is uptrending. It has underperformed by 5.63% the S&P500.

Crown Castle International Corp. (REIT) (NYSE:CCI) Ratings Coverage

Among 19 analysts covering Crown Castle International Corp (NYSE:CCI), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Crown Castle International Corp had 43 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Crown Castle International Corp. (REIT) (NYSE:CCI) has “Buy” rating given on Thursday, February 25 by Suntrust Robinson. The firm has “Buy” rating by RBC Capital Markets given on Thursday, May 25. The company was maintained on Wednesday, April 19 by RBC Capital Markets. The rating was maintained by Citigroup with “Neutral” on Friday, September 16. As per Monday, June 12, the company rating was downgraded by Raymond James. The firm earned “Buy” rating on Monday, August 28 by RBC Capital Markets. As per Wednesday, July 19, the company rating was maintained by Oppenheimer. The rating was maintained by Cowen & Co on Tuesday, July 18 with “Buy”. Cowen & Co maintained Crown Castle International Corp. (REIT) (NYSE:CCI) rating on Monday, April 25. Cowen & Co has “Outperform” rating and $100 target. The rating was maintained by Citigroup on Monday, August 28 with “Neutral”.

More news for Crown Castle International Corp. (REIT) (NYSE:CCI) were recently published by: Seekingalpha.com, which released: “Crown Castle: The Highest-Yielding Stock Held By Bill Gates” on September 08, 2017. Bloomberg.com‘s article titled: “A $35 Billion ETF Is Making Changes That May Rile Fans of Yield” and published on September 12, 2017 is yet another important article.

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