Rep. Bruce Westerman Purchases Shares of Crown Castle Inc. (NYSE:CCI)

Representative Bruce Westerman (R-Arkansas) recently bought shares of Crown Castle Inc. (NYSE:CCI). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Crown Castle stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
• Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

Crown Castle Price Performance

Shares of NYSE CCI opened at $103.51 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 4.43. The firm’s 50-day moving average price is $97.73 and its 200-day moving average price is $98.80. The firm has a market capitalization of $45.07 billion, a P/E ratio of 36.71 and a beta of 0.93. Crown Castle Inc. has a 1-year low of $84.20 and a 1-year high of $120.92.

Crown Castle Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $1.565 per share. This represents a $6.26 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend was Friday, March 14th. Crown Castle’s dividend payout ratio is presently -69.71%.

Analyst Upgrades and Downgrades

CCI has been the subject of several recent research reports. BMO Capital Markets restated a “market perform” rating on shares of Crown Castle in a report on Tuesday, March 25th. Citigroup restated a “buy” rating on shares of Crown Castle in a research note on Tuesday, March 25th. KeyCorp raised shares of Crown Castle from a “sector weight” rating to an “overweight” rating and set a $120.00 price objective on the stock in a research note on Friday, March 14th. Citizens Jmp raised shares of Crown Castle to a “strong-buy” rating in a research report on Monday, January 27th. Finally, Wolfe Research upgraded shares of Crown Castle from an “underperform” rating to a “peer perform” rating in a report on Monday, March 17th. Twelve research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $109.88.

Hedge Funds Weigh In On Crown Castle

Several hedge funds have recently made changes to their positions in CCI. Versor Investments LP grew its holdings in Crown Castle by 120.0% during the 4th quarter. Versor Investments LP now owns 8,447 shares of the real estate investment trust’s stock valued at $767,000 after buying an additional 4,608 shares in the last quarter. Nordea Investment Management AB grew its stake in Crown Castle by 29.4% during the fourth quarter. Nordea Investment Management AB now owns 1,243,722 shares of the real estate investment trust’s stock valued at $113,465,000 after acquiring an additional 282,821 shares in the last quarter. Oak Thistle LLC bought a new stake in Crown Castle during the 4th quarter worth approximately $1,231,000. Avanza Fonder AB purchased a new stake in Crown Castle in the 4th quarter worth approximately $3,083,000. Finally, American Century Companies Inc. boosted its holdings in Crown Castle by 3.4% in the 4th quarter. American Century Companies Inc. now owns 144,766 shares of the real estate investment trust’s stock valued at $13,139,000 after purchasing an additional 4,772 shares during the period. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Crown Castle

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them.