As Crown Castle Intl New (CCI) Market Valuation Rose, American Assets Capital Advisers Has Upped Its Stake by $5.99 Million; Cove Street Capital Has Increased Its Gtt Communications (GTT) Stake by $2.02 Million; Share Price Rose

May 23, 2018 - By Vivian Park

Crown Castle International Corp. (NYSE:REIT) Logo

American Assets Capital Advisers increased its stake in Crown Castle Intl Corp New (CCI) by 42.44% based on its latest 2017Q4 regulatory filing with the SEC. American Assets Capital Advisers bought 53,947 shares as the company’s stock rose 1.95% while stock markets declined. The institutional investor held 181,050 shares of the real estate investment trusts company at the end of 2017Q4, valued at $20.10 million, up from 127,103 at the end of the previous reported quarter. American Assets Capital Advisers who had been investing in Crown Castle Intl Corp New for a number of months, seems to be bullish on the $42.20 billion market cap company. The stock decreased 0.37% or $0.38 during the last trading session, reaching $101.72. About 2.59 million shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 17.78% since May 23, 2017 and is uptrending. It has outperformed by 6.23% the S&P500.

Jeffrey Bronchick increased its stake in Gtt Communications Inc (GTT) by 5.43% based on its latest 2017Q4 regulatory filing with the SEC. Cove Street Capital Llc bought 44,019 shares as the company’s stock rose 23.24% while stock markets declined. The hedge fund run by Jeffrey Bronchick held 855,329 shares of the public utilities company at the end of 2017Q4, valued at $40.16M, up from 811,310 at the end of the previous reported quarter. Cove Street Capital Llc who had been investing in Gtt Communications Inc for a number of months, seems to be bullish on the $2.14 billion market cap company. The stock decreased 4.04% or $2 during the last trading session, reaching $47.55. About 383,602 shares traded. GTT Communications, Inc. (NYSE:GTT) has risen 131.28% since May 23, 2017 and is uptrending. It has outperformed by 119.73% the S&P500.

Among 21 analysts covering Crown Castle International Corp (NYSE:CCI), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Crown Castle International Corp had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 20 by Jefferies. The firm has “Neutral” rating given on Friday, September 16 by Citigroup. Stifel Nicolaus maintained Crown Castle International Corp. (NYSE:REIT) on Friday, July 22 with “Buy” rating. The firm has “Buy” rating by Guggenheim given on Friday, January 26. The stock has “Equal-Weight” rating by Barclays Capital on Tuesday, April 17. The firm has “Buy” rating by Cowen & Co given on Thursday, January 25. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, September 13 report. The company was maintained on Monday, June 5 by Jefferies. The stock of Crown Castle International Corp. (NYSE:REIT) has “Buy” rating given on Wednesday, October 18 by SunTrust. The rating was maintained by Cowen & Co on Friday, April 20 with “Buy”.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.34, from 1.58 in 2017Q3. It dived, as 43 investors sold CCI shares while 214 reduced holdings. 84 funds opened positions while 235 raised stakes. 368.81 million shares or 2.36% less from 377.71 million shares in 2017Q3 were reported. Apg Asset Mgmt Nv has 0.02% invested in Crown Castle International Corp. (NYSE:REIT). Roosevelt Invest Grp Inc Inc holds 149,121 shares or 1.35% of its portfolio. Fred Alger Mngmt Inc holds 0.68% or 1.35M shares. Mitsubishi Ufj Trust Corporation invested 0.22% of its portfolio in Crown Castle International Corp. (NYSE:REIT). Tarbox Family Office holds 0.01% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 201 shares. Edgemoor Investment Advsrs holds 1.82% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 136,954 shares. Amica Retiree Medical owns 2,166 shares. Vigilant Ltd accumulated 0% or 300 shares. 93,998 were reported by Advantus Cap. Missouri-based Stifel Corporation has invested 0.33% in Crown Castle International Corp. (NYSE:REIT). Canada Pension Plan Inv Board owns 1.10 million shares. Fdx Advsrs Inc has invested 0.22% in Crown Castle International Corp. (NYSE:REIT). Yorktown Commerce reported 0.09% stake. Cue Financial Group holds 0.84% of its portfolio in Crown Castle International Corp. (NYSE:REIT) for 11,521 shares. Sigma Planning, Michigan-based fund reported 5,905 shares.

Since February 21, 2018, it had 1 insider purchase, and 2 insider sales for $1.83 million activity. 18,000 Crown Castle International Corp. (NYSE:REIT) shares with value of $1.95 million were sold by Brown Jay A.. Melone Anthony J. had bought 1,979 shares worth $199,988.

American Assets Capital Advisers, which manages about $79.48 million and $394.40M US Long portfolio, decreased its stake in Hudson Pac Pptys Inc (NYSE:HPP) by 119,600 shares to 9,600 shares, valued at $329,000 in 2017Q4, according to the filing.

Among 12 analysts covering GTT Communications (NYSE:GTT), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. GTT Communications had 27 analyst reports since August 7, 2015 according to SRatingsIntel. On Friday, May 4 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. Drexel Hamilton upgraded the stock to “Buy” rating in Wednesday, November 4 report. The rating was maintained by Pacific Crest with “Overweight” on Friday, August 7. Oppenheimer maintained GTT Communications, Inc. (NYSE:GTT) on Thursday, August 3 with “Buy” rating. The firm has “Buy” rating by SunTrust given on Thursday, March 1. As per Wednesday, September 16, the company rating was maintained by Pacific Crest. The rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, October 3. Cowen & Co maintained GTT Communications, Inc. (NYSE:GTT) on Wednesday, October 18 with “Buy” rating. The stock has “Buy” rating by SunTrust on Wednesday, December 6. The firm has “Buy” rating given on Wednesday, March 28 by William Blair.

More important recent GTT Communications, Inc. (NYSE:GTT) news were published by: Benzinga.com which released: “Buy The Dip In GTT Communications, KeyBanc Says In Upgrade” on May 04, 2018, also Businesswire.com published article titled: “GTT to Present at Spring 2018 Investor Conferences”, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 4, 2018” on May 04, 2018. More interesting news about GTT Communications, Inc. (NYSE:GTT) was released by: Businesswire.com and their article: “GTT Wins 2018 Leading Lights Award for Best Deal Maker” with publication date: May 16, 2018.

Cove Street Capital Llc, which manages about $763.78 million and $926.82 million US Long portfolio, decreased its stake in Zebra Technologies Corp Cl A (NASDAQ:ZBRA) by 13,213 shares to 3,950 shares, valued at $410,000 in 2017Q4, according to the filing. It also reduced its holding in Halyard Health Inc by 8,365 shares in the quarter, leaving it with 359,465 shares, and cut its stake in Jpmorgan Chase & Company (NYSE:JPM).

GTT Communications, Inc. (NYSE:GTT) Ratings Chart

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