Principal Financial Group Adds $12M in Crown Castle Inc. ($CCI)
Key Points
- Principal Financial Group changed its Crown Castle Inc. ($CCI) stake by 3.8% last quarter, boosting to 3,716,075 shares worth $342.03 million.
- Wall Street's consensus rating on $CCI is Buy and an average price target of $99.07.
- $CCI last traded around $92.04.
Principal Financial Group increased its position in Crown Castle Inc. ($CCI) by 3.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,716,075 shares of Crown Castle Inc. after buying 134,921 shares during the quarter. Principal Financial Group's holdings in Crown Castle Inc. were worth $342.03 million as of its most recent filing.
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About Crown Castle Inc.
Crown Castle Inc. owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber. It primarily supports 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. Crown Castle Inc. was incorporated in 1994 and is based in Houston, United States.
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