Shares of Crown Castle Inc. (NYSE: CCI - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twenty research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, nine have given a buy recommendation
U.S. equity markets climbed to fresh record highs in the Christmas-shortened trading week, buoyed by surprisingly solid GDP data, positive holiday spending trends, and a pullback in global interest rates. The delayed GDP report released this week showed a modest reacceleration in U.S. economic growth in the third-quarter to the strongest pace in two years alongside a cooler-than-expected inflation reading. Precious metals stole the show. Gold, silver, and platinum extended a historic rally fueled by a combination of easing rates, central-bank buying, end-market demand, and investor appetite for hard assets.
Crown Castle (CCI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ARS Investment Partners LLC grew its stake in shares of Crown Castle Inc. (NYSE: CCI) by 22.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,685 shares of the real estate investment trust's stock after buying an additional 17,690 shares
CCI is positioned to benefit from rising wireless data demand, long-term carrier leases and a solid balance sheet supporting network expansion.
U.S. equity markets posted mixed performance as surprisingly cool inflation data and soft employment data were tempered by a hawkish pushback from Fed officials and skeptics clinging to inflation fears. The critical CPI report showed inflation easing to four-year lows, a heavily criticized report that may, ironically, be the most accurate inflation reading in several years due to collection limitations. The report "zeroed out" shelter inflation due to incomplete collection, combined with an antiquated and lagged sampling methodology, effectively "correcting" its data by removing the most persistent source of distortion.
REITs remain attractively valued, with many trading at near 10-year high dividend yields. AFFO yield plus AFFO growth is utilized as a scoring system in this article. ARE leads in value but faces risks from declining occupancy and potential AFFO contraction. Others in the top 5 include VICI, IRM, EQIX and PSA.
Country Club Bank raised its stake in Crown Castle Inc. (NYSE: CCI) by 20.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,778 shares of the real estate investment trust's stock after purchasing an additional 11,851 shares during
Corient Private Wealth LLC cut its position in shares of Crown Castle Inc. (NYSE: CCI) by 8.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 256,098 shares of the real estate investment trust's stock after selling 24,228 shares during the quarter.
NEW YORK--(BUSINESS WIRE)--Today, Arium Networks (the “Company”), the planned successor to Crown Castle's Small Cell Solutions business, is pleased to announce its new brand identity and the appointment of Laurent “LT” Therivel as incoming Chief Executive Officer. At launch, Arium Networks will serve as a leading builder and operator of digital infrastructure, specializing in the deployment of small cell, in-building and venue-based networks that enhance essential wireless connectivity. After t.
