Corporate Capital Trust Inc (NYSE:CCT) CEO Todd C. Builione purchased 15,000 shares of the company’s stock in a transaction that occurred on Thursday, March 8th. The shares were bought at an average cost of $16.13 per share, with a total value of $241,950.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Corporate Capital Trust Inc (NYSE CCT) traded up $0.49 on Monday, reaching $16.72. 736,085 shares of the company’s stock traded hands, compared to its average volume of 666,077. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.23. Corporate Capital Trust Inc has a 12 month low of $14.43 and a 12 month high of $19.00.
The firm also recently disclosed a special dividend, which will be paid on Monday, May 21st. Shareholders of record on Monday, May 14th will be paid a dividend of $0.1013 per share. The ex-dividend date is Friday, May 11th. This represents a yield of 10.24%.
CCT has been the subject of several research reports. Zacks Investment Research downgraded shares of Corporate Capital Trust from a “hold” rating to a “strong sell” rating in a research note on Monday. SunTrust Banks initiated coverage on shares of Corporate Capital Trust in a research note on Thursday, November 30th. They set a “buy” rating and a $21.00 price objective for the company. Finally, Wells Fargo & Co initiated coverage on shares of Corporate Capital Trust in a research note on Wednesday, February 21st. They set an “outperform” rating and a $20.00 price objective for the company.
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About Corporate Capital Trust
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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