KCM Investment Advisors cut holdings in Crown Castle, whose earnings missed analyst forecasts.

Investment firm KCM Investment Advisors LLC reduced its holdings in telecommunications real estate firm Crown Castle Inc. by 1.2% in the third quarter, selling 1,760 shares. Crown Castle's earnings of $0.70 per share fell short of analysts' expectations. The company has a dividend yield of 6.08% and a market cap of $44.79 billion. Analysts' ratings range from "buy" to "hold," with a consensus of "hold" and an average price target of $116.87.

November 15, 2024
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