Obermeyer Wood Investment Counsel Lllp Upped Crown Castle Intl New (CCI) Stake By $336,663; PHH Has 0.8 Sentiment

April 20, 2018 - By Linda Rogers

Crown Castle International Corp. (NYSE:REIT) Logo

Obermeyer Wood Investment Counsel Lllp increased Crown Castle Intl Corp New (CCI) stake by 0.94% reported in 2017Q4 SEC filing. Obermeyer Wood Investment Counsel Lllp acquired 3,033 shares as Crown Castle Intl Corp New (CCI)’s stock rose 1.95%. The Obermeyer Wood Investment Counsel Lllp holds 326,109 shares with $36.20 million value, up from 323,076 last quarter. Crown Castle Intl Corp New now has $42.61B valuation. The stock increased 0.07% or $0.07 during the last trading session, reaching $102.71. About 1.87M shares traded. Crown Castle International Corp. (NYSE:CCI) has risen 17.78% since April 20, 2017 and is uptrending. It has outperformed by 6.23% the S&P500.

PHH Corp (PHH) investors sentiment decreased to 0.8 in Q4 2017. It’s down -0.12, from 0.92 in 2017Q3. The ratio worsened, as 44 hedge funds increased or started new positions, while 55 trimmed and sold holdings in PHH Corp. The hedge funds in our database now have: 30.80 million shares, up from 30.18 million shares in 2017Q3. Also, the number of hedge funds holding PHH Corp in top ten positions decreased from 1 to 0 for a decrease of 1. Sold All: 13 Reduced: 42 Increased: 23 New Position: 21.

Silver Point Capital L.P. holds 1.87% of its portfolio in PHH Corporation for 1.76 million shares. Goldentree Asset Management Lp owns 436,202 shares or 0.49% of their US portfolio. Moreover, Hutchin Hill Capital Lp has 0.34% invested in the company for 119,718 shares. The California-based Menta Capital Llc has invested 0.27% in the stock. Rbf Capital Llc, a California-based fund reported 74,626 shares.

Analysts await PHH Corporation (NYSE:PHH) to report earnings on May, 8. They expect $-0.89 earnings per share, up 28.23% or $0.35 from last year’s $-1.24 per share. After $-1.44 actual earnings per share reported by PHH Corporation for the previous quarter, Wall Street now forecasts -38.19% EPS growth.

PHH Corporation, through its subsidiaries, provides outsourced mortgage banking services to financial institutions and real estate brokers in the United States. The company has market cap of $347.39 million. The firm operates through two divisions, Mortgage Production and Mortgage Servicing. It currently has negative earnings. The Mortgage Production segment provides private label mortgage services to financial institutions and real estate brokers; and originates and sells mortgage loans.

The stock decreased 0.09% or $0.01 during the last trading session, reaching $10.67. About 59,491 shares traded. PHH Corporation (PHH) has declined 15.14% since April 20, 2017 and is downtrending. It has underperformed by 26.69% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $97,578 activity.

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 61 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by SunTrust on Tuesday, September 13 with “Buy”. The stock of Crown Castle International Corp. (NYSE:REIT) has “Buy” rating given on Friday, September 8 by Bank of America. The stock of Crown Castle International Corp. (NYSE:REIT) has “Outperform” rating given on Wednesday, March 8 by Wells Fargo. The firm has “Buy” rating given on Friday, July 7 by RBC Capital Markets. On Thursday, October 19 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Stifel Nicolaus on Friday, July 22 with “Buy”. The company was maintained on Friday, September 16 by Citigroup. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, September 13. Jefferies maintained Crown Castle International Corp. (NYSE:REIT) rating on Monday, June 5. Jefferies has “Buy” rating and $11000 target. RBC Capital Markets maintained Crown Castle International Corp. (NYSE:REIT) on Monday, October 2 with “Buy” rating.

Since February 21, 2018, it had 0 buys, and 2 insider sales for $2.03 million activity. $75,391 worth of Crown Castle International Corp. (NYSE:REIT) was sold by Simon Kenneth Jay on Wednesday, February 21. Brown Jay A. sold $1.95M worth of stock or 18,000 shares.

Obermeyer Wood Investment Counsel Lllp decreased Analog Devices Inc (NASDAQ:ADI) stake by 3,600 shares to 63,146 valued at $5.62 million in 2017Q4. It also reduced Lyondellbasell Industries N (NYSE:LYB) stake by 4,835 shares and now owns 105,953 shares. Celgene Corp (NASDAQ:CELG) was reduced too.

PHH Corporation (NYSE:PHH) Institutional Positions Chart

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