Vontobel Holding Ltd. reduce its stake in shares of Crown Fortress Inc. (NYSE:CCI – Free Report) by 2.4% within the third quarter, Holdings Channel.com studies. The fund owned 5,489 shares of the actual property funding belief’s inventory after promoting 133 shares through the interval. Vontobel Holding Ltd.’s holdings in Crown Fortress had been value $651,000 as of its most up-to-date SEC submitting.
Different massive traders have additionally just lately modified their holdings of the corporate. BOKF NA boosted its stake in Crown Fortress by 25.6% through the 1st quarter. BOKF NA now owns 4,004 shares of the actual property funding belief’s inventory valued at $417,000 after buying a further 815 shares over the past quarter. Sumitomo Mitsui Belief Holdings Inc. boosted its place in shares of Crown Fortress by 0.9% through the first quarter. Sumitomo Mitsui Belief Holdings Inc. now owns 931,397 shares of the actual property funding belief’s inventory valued at $98,570,000 after shopping for a further 8,136 shares over the past quarter. International Property Advisory LLC bought a brand new stake in shares of Crown Fortress through the first quarter valued at $4,425,000. O Shaughnessy Asset Administration LLC elevated its holdings in Crown Fortress by 30.4% within the 1st quarter. O Shaughnessy Asset Administration LLC now owns 35,805 shares of the actual property funding belief’s inventory value $3,789,000 after shopping for a further 8,346 shares within the final quarter. Lastly, Norden Group LLC bought a brand new place in Crown Fortress within the 1st quarter value about $1,804,000. Hedge funds and different institutional traders personal 90.77% of the corporate’s inventory.
Crown Fortress Buying and selling Down 1.9 %
Shares of NYSE:CCI opened at $110.19 on Tuesday. The inventory has a 50 day shifting common of $114.02 and a 200 day shifting common of $105.20. The corporate has a market cap of $47.89 billion, a PE ratio of 39.07 and a beta of 0.85. Crown Fortress Inc. has a 12-month low of $84.72 and a 12-month excessive of $120.92. The corporate has a present ratio of 0.54, a fast ratio of 0.43 and a debt-to-equity ratio of 4.43.
Crown Fortress (NYSE:CCI – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, October sixteenth. The actual property funding belief reported $0.70 earnings per share for the quarter, lacking analysts’ consensus estimates of $1.73 by ($1.03). The agency had income of $1.65 billion through the quarter, in comparison with the consensus estimate of $1.64 billion. Crown Fortress had a return on fairness of 20.98% and a web margin of 18.59%. The enterprise’s income for the quarter was down .9% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the earlier 12 months, the corporate earned $1.77 earnings per share. As a gaggle, equities analysis analysts anticipate that Crown Fortress Inc. will publish 6.65 EPS for the present 12 months.
Crown Fortress Dividend Announcement
The agency additionally just lately declared a quarterly dividend, which was paid on Monday, September thirtieth. Shareholders of document on Friday, September thirteenth had been issued a dividend of $1.565 per share. The ex-dividend date was Friday, September thirteenth. This represents a $6.26 dividend on an annualized foundation and a yield of 5.68%. Crown Fortress’s dividend payout ratio is presently 221.99%.
Analysts Set New Value Targets
Various brokerages have just lately commented on CCI. The Goldman Sachs Group lifted their value goal on shares of Crown Fortress from $105.00 to $120.00 and gave the inventory a “impartial” ranking in a analysis observe on Thursday, September twenty sixth. Barclays lifted their goal value on shares of Crown Fortress from $112.00 to $116.00 and gave the inventory an “equal weight” ranking in a analysis report on Thursday, October tenth. Financial institution of America elevated their value goal on Crown Fortress from $110.00 to $115.00 and gave the corporate a “impartial” ranking in a report on Tuesday, August thirteenth. TD Cowen reduce their value goal on Crown Fortress from $127.00 to $123.00 and set a “purchase” ranking for the corporate in a report on Thursday, October seventeenth. Lastly, BMO Capital Markets elevated their goal value on Crown Fortress from $105.00 to $108.00 and gave the corporate a “market carry out” ranking in a report on Thursday, July 18th. Twelve funding analysts have rated the inventory with a maintain ranking and three have assigned a purchase ranking to the corporate. In accordance with MarketBeat.com, the corporate presently has a consensus ranking of “Maintain” and a mean goal value of $116.47.
Get Our Newest Inventory Evaluation on CCI
Crown Fortress Profile
Crown Fortress owns, operates and leases greater than 40,000 cell towers and roughly 90,000 route miles of fiber supporting small cells and fiber options throughout each main U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to important information, expertise and wi-fi service – bringing data, concepts and improvements to the individuals and companies that want them.
Featured Articles
Wish to see what different hedge funds are holding CCI? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Crown Fortress Inc. (NYSE:CCI – Free Report).
Obtain Information & Rankings for Crown Fortress Day by day – Enter your electronic mail handle beneath to obtain a concise day by day abstract of the most recent information and analysts’ scores for Crown Fortress and associated firms with MarketBeat.com’s FREE day by day electronic mail e-newsletter.
