Apollon Wealth Administration LLC elevated its stake in Crown Citadel Inc. (NYSE:CCI – Free Report) by 2.1% within the third quarter, based on its most up-to-date disclosure with the SEC. The institutional investor owned 11,696 shares of the true property funding belief’s inventory after buying a further 238 shares throughout the interval. Apollon Wealth Administration LLC’s holdings in Crown Citadel have been price $1,388,000 as of its most up-to-date SEC submitting.
Quite a lot of different giant buyers have additionally added to or lowered their stakes within the firm. Catalyst Capital Advisors LLC bought a brand new place in shares of Crown Citadel throughout the third quarter valued at about $25,000. EntryPoint Capital LLC purchased a brand new stake in Crown Citadel within the 1st quarter price roughly $27,000. Asset Dedication LLC lifted its place in Crown Citadel by 159.0% within the 2nd quarter. Asset Dedication LLC now owns 272 shares of the true property funding belief’s inventory price $27,000 after shopping for a further 167 shares over the past quarter. Beacon Capital Administration LLC lifted its place in Crown Citadel by 163.9% within the 1st quarter. Beacon Capital Administration LLC now owns 285 shares of the true property funding belief’s inventory price $30,000 after shopping for a further 177 shares over the past quarter. Lastly, Rosenberg Matthew Hamilton lifted its place in Crown Citadel by 107.9% within the third quarter. Rosenberg Matthew Hamilton now owns 262 shares of the true property funding belief’s inventory price $31,000 after shopping for a further 136 shares over the past quarter. Hedge funds and different institutional buyers personal 90.77% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
Quite a lot of analysts lately weighed in on the corporate. UBS Group boosted their goal worth on Crown Citadel from $103.00 to $118.00 and gave the inventory a “impartial” ranking in a analysis report on Thursday, October seventeenth. TD Cowen decreased their worth goal on Crown Citadel from $127.00 to $123.00 and set a “purchase” ranking on the inventory in a analysis observe on Thursday, October seventeenth. Deutsche Financial institution Aktiengesellschaft lifted their worth goal on Crown Citadel from $103.00 to $105.00 and gave the inventory a “maintain” ranking in a analysis observe on Tuesday, July twenty third. The Goldman Sachs Group lifted their worth goal on Crown Citadel from $105.00 to $120.00 and gave the inventory a “impartial” ranking in a analysis observe on Thursday, September twenty sixth. Lastly, BMO Capital Markets lifted their worth goal on Crown Citadel from $105.00 to $108.00 and gave the inventory a “market carry out” ranking in a analysis observe on Thursday, July 18th. Twelve analysts have rated the inventory with a maintain ranking and three have given a purchase ranking to the inventory. In accordance with MarketBeat.com, the corporate presently has a consensus ranking of “Maintain” and a mean worth goal of $116.87.
View Our Newest Inventory Evaluation on CCI
Crown Citadel Buying and selling Up 0.1 %
NYSE CCI opened at $102.90 on Friday. The corporate has a fast ratio of 0.54, a present ratio of 0.54 and a debt-to-equity ratio of 4.43. Crown Citadel Inc. has a twelve month low of $92.48 and a twelve month excessive of $120.92. The agency has a market capitalization of $44.72 billion, a PE ratio of 36.49 and a beta of 0.86. The inventory’s 50 day shifting common is $112.51 and its 200 day shifting common is $106.41.
Crown Citadel (NYSE:CCI – Get Free Report) final launched its earnings outcomes on Wednesday, October sixteenth. The true property funding belief reported $0.70 EPS for the quarter, lacking the consensus estimate of $1.73 by ($1.03). Crown Citadel had a return on fairness of 20.98% and a internet margin of 18.59%. The corporate had income of $1.65 billion throughout the quarter, in comparison with the consensus estimate of $1.64 billion. Throughout the identical interval final 12 months, the agency posted $1.77 earnings per share. The corporate’s income was down .9% in comparison with the identical quarter final 12 months. Analysis analysts forecast that Crown Citadel Inc. will put up 6.66 earnings per share for the present fiscal 12 months.
Crown Citadel Dividend Announcement
The enterprise additionally lately introduced a quarterly dividend, which might be paid on Tuesday, December thirty first. Shareholders of report on Friday, December thirteenth might be issued a $1.565 dividend. This represents a $6.26 annualized dividend and a yield of 6.08%. The ex-dividend date is Friday, December thirteenth. Crown Citadel’s dividend payout ratio (DPR) is 221.99%.
About Crown Citadel
Crown Citadel 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 info, concepts and improvements to the folks and companies that want them.
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