--- title: "Barrow Hanley Mewhinney & Strauss LLC Decreases Holdings in SBA Communications Corporation $SBAC" type: "News" locale: "en" url: "https://longbridge.com/en/news/278838467.md" description: "Barrow Hanley Mewhinney & Strauss LLC significantly reduced its holdings in SBA Communications Corporation (NASDAQ:SBAC) by 99.9% in Q3, now owning only 848 shares valued at $164,000. Other institutional investors also adjusted their positions. Analysts have mixed ratings on SBAC, with an average price target of $232.17. The stock recently traded down 2.7% at $188.56. SBA Communications reported a quarterly EPS of $3.47, exceeding estimates, and announced an increased quarterly dividend of $1.25 per share, reflecting a positive change from the previous dividend of $1.11." datetime: "2026-03-12T07:31:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278838467.md) - [en](https://longbridge.com/en/news/278838467.md) - [zh-HK](https://longbridge.com/zh-HK/news/278838467.md) --- # Barrow Hanley Mewhinney & Strauss LLC Decreases Holdings in SBA Communications Corporation $SBAC Barrow Hanley Mewhinney & Strauss LLC trimmed its position in shares of SBA Communications Corporation (NASDAQ:SBAC - Free Report) by 99.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 848 shares of the technology company's stock after selling 1,380,800 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC's holdings in SBA Communications were worth $164,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get **SBA Communications** alerts: A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Quent Capital LLC bought a new stake in shares of SBA Communications in the third quarter worth $27,000. Geneos Wealth Management Inc. lifted its holdings in SBA Communications by 105.0% in the first quarter. Geneos Wealth Management Inc. now owns 164 shares of the technology company's stock valued at $36,000 after acquiring an additional 84 shares during the period. SJS Investment Consulting Inc. purchased a new position in SBA Communications in the third quarter worth about $48,000. Center for Financial Planning Inc. purchased a new position in SBA Communications in the third quarter worth about $50,000. Finally, Avalon Trust Co bought a new stake in shares of SBA Communications during the 3rd quarter valued at about $58,000. 97.35% of the stock is currently owned by hedge funds and other institutional investors. ## Wall Street Analysts Forecast Growth SBAC has been the subject of several research reports. Wells Fargo & Company reduced their price target on shares of SBA Communications from $205.00 to $195.00 and set an "equal weight" rating for the company in a research report on Friday, February 27th. UBS Group cut their target price on shares of SBA Communications from $275.00 to $260.00 and set a "buy" rating for the company in a research report on Tuesday, January 20th. Barclays reduced their target price on shares of SBA Communications from $219.00 to $212.00 and set an "overweight" rating for the company in a report on Monday, December 1st. Royal Bank Of Canada increased their price target on shares of SBA Communications from $215.00 to $220.00 and gave the stock an "outperform" rating in a research report on Monday, March 2nd. Finally, Morgan Stanley dropped their price target on shares of SBA Communications from $225.00 to $215.00 and set an "equal weight" rating on the stock in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $232.17. **Get Our Latest Stock Analysis on SBAC** ## SBA Communications Trading Down 2.7% Shares of NASDAQ:SBAC opened at $188.56 on Thursday. The stock has a 50 day moving average of $191.08 and a 200 day moving average of $193.75. The company has a market cap of $20.09 billion, a PE ratio of 19.79, a price-to-earnings-growth ratio of 1.93 and a beta of 0.86. SBA Communications Corporation has a 12-month low of $177.49 and a 12-month high of $245.16. SBA Communications (NASDAQ:SBAC - Get Free Report) last released its earnings results on Thursday, February 26th. The technology company reported $3.47 EPS for the quarter, topping analysts' consensus estimates of $3.25 by $0.22. SBA Communications had a net margin of 36.40% and a negative return on equity of 20.81%. The company had revenue of $719.58 million for the quarter, compared to analysts' expectations of $725.80 million. During the same quarter last year, the business earned $3.47 EPS. The firm's revenue was up 3.7% compared to the same quarter last year. Equities research analysts predict that SBA Communications Corporation will post 12.57 earnings per share for the current fiscal year. ## SBA Communications Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, March 13th. This is a positive change from SBA Communications's previous quarterly dividend of $1.11. SBA Communications's payout ratio is 46.59%. ## About SBA Communications (Free Report) SBA Communications Corporation NASDAQ: SBAC is a real estate investment trust that owns, operates and develops wireless communications infrastructure. Its core business is the leasing of space on communications towers, rooftop sites and other wireless structures to mobile network operators, broadband providers and other wireless service customers. The company also provides site development, construction and ongoing site management services to support the deployment and operation of wireless networks. In addition to traditional macro towers, SBA offers a range of infrastructure solutions designed for dense urban and suburban markets, including small cells, distributed antenna systems (DAS) and fiber backhaul and transport services. ## Recommended Stories - Five stocks we like better than SBA Communications - I tried out Elon Musk’s new AI tech — it floored me - “I just bought 10,000 shares of a $5 stock…” - The Next Commodity Crunch (bigger than oil?) - What a Former CIA Agent Knows About the Coming Collapse - Nvidia CEO Issues Bold Tesla Call _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in SBA Communications Right Now? Before you consider SBA Communications, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SBA Communications wasn't on the list. While SBA Communications currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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