WealthPLAN Partners LLC boosted its holdings in Corporate Capital Trust Inc (NYSE:CCT) by 445.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 102,986 shares of the company’s stock after purchasing an additional 84,089 shares during the quarter. WealthPLAN Partners LLC owned about 0.08% of Corporate Capital Trust worth $1,740,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Westside Investment Management Inc. bought a new stake in Corporate Capital Trust during the 4th quarter valued at about $107,000. Pinnacle Financial Partners Inc. bought a new stake in shares of Corporate Capital Trust in the 4th quarter valued at about $112,000. Wealthcare Advisory Partners LLC raised its holdings in shares of Corporate Capital Trust by 940.6% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 9,667 shares of the company’s stock valued at $163,000 after purchasing an additional 8,738 shares in the last quarter. Quantitative Systematic Strategies LLC bought a new stake in shares of Corporate Capital Trust in the 1st quarter valued at about $170,000. Finally, Vantage Investment Advisors LLC raised its holdings in shares of Corporate Capital Trust by 319.7% in the 1st quarter. Vantage Investment Advisors LLC now owns 10,089 shares of the company’s stock valued at $171,000 after purchasing an additional 7,685 shares in the last quarter. Institutional investors and hedge funds own 19.72% of the company’s stock.
Corporate Capital Trust opened at $15.62 on Friday, according to Marketbeat.com. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $1.98 billion and a P/E ratio of 10.14. Corporate Capital Trust Inc has a 1 year low of $14.43 and a 1 year high of $19.00.
Corporate Capital Trust (NYSE:CCT) last released its earnings results on Tuesday, May 15th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). Corporate Capital Trust had a return on equity of 7.01% and a net margin of 40.13%. The business had revenue of $99.64 million for the quarter, compared to analysts’ expectations of $101.60 million. equities research analysts forecast that Corporate Capital Trust Inc will post 1.61 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 10th. Investors of record on Friday, June 29th will be issued a $0.4022 dividend. This represents a $1.61 dividend on an annualized basis and a dividend yield of 10.30%. The ex-dividend date is Thursday, June 28th. Corporate Capital Trust’s dividend payout ratio is currently 104.55%.
A number of research analysts have recently issued reports on CCT shares. Zacks Investment Research downgraded shares of Corporate Capital Trust from a “buy” rating to a “hold” rating in a research report on Thursday, May 17th. ValuEngine downgraded shares of Corporate Capital Trust from a “buy” rating to a “hold” rating in a research report on Friday, April 27th.
Corporate Capital Trust Company Profile
Corporate Capital Trust Inc is headquartered in Orlando, Florida, United States and is engaged in the financial intermediation activities. The company offers Trust. The company was founded in 2010.
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