Corporate Capital Trust Inc (NYSE:CCT) General Counsel Philip Davidson bought 3,000 shares of the stock in a transaction dated Thursday, March 8th. The shares were purchased at an average cost of $16.00 per share, for a total transaction of $48,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Corporate Capital Trust Inc (NYSE CCT) traded up $0.49 during midday trading on Monday, reaching $16.72. The company had a trading volume of 736,085 shares, compared to its average volume of 666,077. Corporate Capital Trust Inc has a twelve month low of $14.43 and a twelve month high of $19.00. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.23.
The business also recently declared a special dividend, which will be paid on Monday, May 21st. Investors of record on Monday, May 14th will be given a $0.1013 dividend. This represents a yield of 10.24%. The ex-dividend date of this dividend is Friday, May 11th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. LPL Financial LLC purchased a new stake in Corporate Capital Trust in the 4th quarter valued at $29,393,000. Aristeia Capital LLC purchased a new stake in Corporate Capital Trust in the 4th quarter valued at $15,148,000. Ladenburg Thalmann Financial Services Inc. purchased a new stake in Corporate Capital Trust in the 4th quarter valued at $13,955,000. Advisor Group Inc. purchased a new stake in Corporate Capital Trust in the 4th quarter valued at $10,545,000. Finally, Raymond James & Associates purchased a new stake in Corporate Capital Trust in the 4th quarter valued at $10,534,000. 12.20% of the stock is owned by institutional investors and hedge funds.
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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