Rep. Gilbert Ray Cisneros, Jr. Buys Crown Castle Inc. (NYSE:CCI) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Crown Castle Inc. (NYSE:CCI). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Crown Castle stock on January 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
  • Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
  • Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
  • Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
  • Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
  • Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
  • Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
  • Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
  • Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
  • Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

Crown Castle Price Performance

NYSE CCI opened at $89.81 on Thursday. Crown Castle Inc. has a fifty-two week low of $84.20 and a fifty-two week high of $120.92. The stock’s 50-day moving average is $91.51 and its two-hundred day moving average is $104.15. The company has a debt-to-equity ratio of 4.43, a current ratio of 0.54 and a quick ratio of 0.54. The firm has a market cap of $39.03 billion, a P/E ratio of 31.85 and a beta of 0.88.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CCI. Moffett Nathanson cut their target price on Crown Castle from $127.00 to $105.00 in a report on Thursday, January 23rd. Citigroup set a $128.00 price objective on Crown Castle in a research note on Thursday, October 17th. TD Cowen dropped their price objective on Crown Castle from $127.00 to $123.00 and set a “buy” rating on the stock in a research note on Thursday, October 17th. JMP Securities initiated coverage on Crown Castle in a research note on Monday, January 27th. They issued an “outperform” rating and a $115.00 price objective on the stock. Finally, Barclays upgraded Crown Castle from an “equal weight” rating to an “overweight” rating and dropped their price objective for the stock from $117.00 to $104.00 in a research note on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $110.13.

Check Out Our Latest Report on Crown Castle

Institutional Investors Weigh In On Crown Castle

A number of institutional investors have recently added to or reduced their stakes in CCI. Norges Bank acquired a new stake in Crown Castle during the fourth quarter valued at approximately $561,714,000. Vanguard Group Inc. boosted its holdings in Crown Castle by 10.5% during the fourth quarter. Vanguard Group Inc. now owns 62,499,455 shares of the real estate investment trust’s stock valued at $5,672,451,000 after purchasing an additional 5,934,615 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Crown Castle by 23.8% during the third quarter. Wellington Management Group LLP now owns 17,528,597 shares of the real estate investment trust’s stock valued at $2,079,417,000 after purchasing an additional 3,371,186 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Crown Castle by 433.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,968,959 shares of the real estate investment trust’s stock valued at $470,838,000 after purchasing an additional 3,225,460 shares in the last quarter. Finally, National Bank of Canada FI boosted its holdings in Crown Castle by 37.3% during the fourth quarter. National Bank of Canada FI now owns 5,793,842 shares of the real estate investment trust’s stock valued at $525,849,000 after purchasing an additional 1,573,043 shares in the last quarter. 90.77% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Crown Castle Company Profile

(Get Free Report)

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.

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