Analyst Earnings Forecast Coverage: Crown Castle International Corp. (REIT) (CCI)

Marco Green
January 27, 2018

Dorsal Capital Management Llc sold 25,000 shares as Crown Castle Intl Corp New (CCI)'s stock rose 11.44%. The American International Group Inc holds 175,405 shares with $17.54 million value, up from 171,762 last quarter. Greylin Investment Mangement Inc who had been investing in International Business Machs for a number of months, seems to be bullish on the $153.76B market cap company. The stock appeared $55.91 above its 52-week highs and is up 1.98% for the last five trades. Naples Global Advisors LLC's holdings in Crown Castle International were worth $968,000 as of its most recent filing with the Securities & Exchange Commission.

Crown Castle International (NYSE:CCI) last posted its earnings results on Wednesday, January 24th. It has underperformed by 5.63% the S&P500. LEN's SI was 16.90M shares in January as released by FINRA. Its down 15.57% from 7.82M shares previously. With 3.58 million avg volume, 5 days are for Lennar Corporation (NYSE:LEN)'s short sellers to cover LEN's short positions. The SI to Kennedy Wilson Holdings Incorporated's float is 6.93%. The stock decreased 1.45% or $1.59 during the last trading session, reaching $108. About 1.05M shares traded. Michael Kors Holdings Limited (NYSE:KORS) has declined 10.54% since January 26, 2017 and is downtrending. It has outperformed by 23.17% the S&P500. It tells an investor how quickly a company is increasing its revenues. In terms of volatility, it has a beta coefficient of 0.24 and technical analysis volatility indicator called Average True Range or ATR around 1.82. Finally, Mutual of America Capital Management LLC increased its holdings in shares of Crown Castle International by 1.4% in the second quarter.

Several hedge funds have recently made changes to their positions in the company. 377.71 million shares or 14.61% more from 329.57 million shares in 2017Q2 were reported. Martin Currie Ltd reported 208,786 shares. Sei Invs invested 0.24% in Crown Castle International Corp. Reaves W H And has invested 2.62% of its portfolio in Crown Castle International Corp. Natl Pension Ser owns 324,499 shares for 0.18% of their portfolio. (NYSE:REIT). Moreover, World Asset Mgmt Inc has 0.15% invested in Crown Castle International Corp.

Crown Castle's acquisition of fiber company Lightower in November contributed $140 million to site rentals, $83 million to adjusted earnings and $79 million to AFFO. (NYSE:CCI) has risen 11.07% since January 26, 2017 and is uptrending. Tiaa Cref Mngmt Ltd Limited Liability Company holds 15,926 shares or 0% of its portfolio. Deutsche Bank maintained Crown Castle International Corp. Kbc Group Nv accumulated 89,937 shares. Jfs Wealth Ltd Liability invested 0.02% in Crown Castle International Corp. (NYSE:REIT). Ngam Ltd Partnership stated it has 153,468 shares or 0.16% of all its holdings. The stock of Crown Castle International Corp.

American International Group Inc increased Crown Castle Intl Corp (CCI) stake by 2.12% reported in 2017Q3 SEC filing. Therefore 65% are positive. Barclays raised their price objective on Crown Castle International from $101.00 to $105.00 and gave the company an "equal weight" rating in a report on Friday, October 20th. The company maintains price to book ratio of 1.01 vs.an industry average at 1.80. Stifel Nicolaus initiated the stock with "Buy" rating in Wednesday, August 26 report. Cibc Bank USA now owns 8,155 shares of the real estate investment trust's stock worth $905,000 after purchasing an additional 478 shares in the last quarter. (NYSE:REIT) on Tuesday, July 19 to "Neutral" rating. (NYSE:REIT) on Wednesday, September 13 with "Buy" rating. Oppenheimer reissued a "market perform" rating on shares of Crown Castle International in a research note on Monday, October 16th.

Among 34 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 10 have Buy rating, 2 Sell and 22 Hold. Therefore 33% are positive. Michael Kors Holdings Ltd had 106 analyst reports since July 21, 2015 according to SRatingsIntel. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. The rating was maintained by KeyBanc Capital Markets on Tuesday, October 31 with "Hold". The company was maintained on Monday, October 2 by RBC Capital Markets. (NASDAQ:JACK), 9 have Buy rating, 0 Sell and 10 Hold. The firm has "Buy" rating given on Wednesday, September 13 by Stifel Nicolaus. (NASDAQ:JACK) on Friday, April 8 to "Overweight" rating. Now trading with a market value of 43.62B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. The firm operates through two divisions, Insurance, and Real Estate and Corporate. It has a 18.92 P/E ratio. The Company's homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.27, from 1.31 in 2017Q2. It improved, as 42 investors sold VFC shares while 233 reduced holdings. 40 funds opened positions while 58 raised stakes. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.84). Coastline Trust invested 0.06% of its portfolio in V.F. Corporation (NYSE:VFC). (NYSE:XPO). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. The number of shares now owned by investors are 401.58 mln. Nationwide Fund Advsr stated it has 0.03% of its portfolio in Jack in the Box Inc. Nordea Invest holds 1.59 million shares. Credit Suisse Ag holds 0.01% or 315,835 shares in its portfolio. The count of Hold ratings in that period was 0. Andra Ap invested in 51,150 shares. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. Alpine Woods Cap Ltd Llc accumulated 509,100 shares. For shareholders, given the total diluted outstanding shares of 397.04 million, this means overall earnings per share of 0.21. (NASDAQ:JACK). Missouri-based Stifel Financial has invested 0.04% in Jack in the Box Inc. (NYSE:REIT) on Thursday, June 8 with "Buy" rating. MCCOLLOUGH W ALAN had sold 22,852 shares worth $1.44 million. Reis, Inc. (REIS) has $237.97 million valuation.

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