Crown Castle Inc. (NYSE:CCI) has experienced significant action in the stock market in recent times. Notably,
Gateway Investment Advisers has purchased new stakes in the company while
111 Capital,
Czech National Bank, and
Stablepoint Partners have boosted their holdings. Other entities showing a substantial increase in Crown Castle shares include
Toronto Dominion Bank and
Two Sigma Investments. Conversely,
Fiduciary Alliance and
Anderson Hoagland & Co. decided to divest their stocks. Crown Castle's stock has risen 10.5% year-to-date while there has been a downturn of 5.6% since the last earnings report. This dip comes in spite of
Jim Cramer's positive sentiment about the company. Moreover, it was disclosed that Crown Castle plans to shift its strategy to U.S. towers exclusively. Recent changes in management include
Katherine Motlagh's appointment to the Board of Directors and
Sunit Patel taking the CFO's mantle. Additionally, they've sold their Fiber Segment and reported maintained outlooks for the full years of 2025 and 2024. Amid these updates, debates continue on whether Crown Castle offers a good yield and if it is indeed the best real estate stock to buy according to billionaires.
Crown Castle CCI News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 07 Jun 2025 11:58:02 GMT -
Rating -1
- Innovation 3
- Information 8
- Rumor -5
