Blackhawk Capital Partners LLC Invests $354,000 in Creative Media & Community Trust Corporation $CMCT

Blackhawk Capital Partners LLC purchased a new stake in Creative Media & Community Trust Corporation (NASDAQ:CMCT) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 576,519 shares of the real estate investment trust’s stock, valued at approximately $354,000. Blackhawk Capital Partners LLC owned about 2,135.26% of Creative Media & Community Trust Corporation at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cerity Partners LLC bought a new stake in Creative Media & Community Trust Corporation in the 2nd quarter valued at approximately $90,000. Morton Capital Management LLC CA acquired a new position in Creative Media & Community Trust Corporation during the fourth quarter worth approximately $54,000. Arkadios Wealth Advisors bought a new stake in Creative Media & Community Trust Corporation in the fourth quarter valued at approximately $43,000. Kestra Advisory Services LLC acquired a new position in Creative Media & Community Trust Corporation in the 4th quarter valued at about $52,000. Finally, Virtu Financial LLC bought a new position in Creative Media & Community Trust Corporation in the 4th quarter valued at about $55,000. 28.34% of the stock is currently owned by institutional investors and hedge funds.

Creative Media & Community Trust Corporation Stock Down 6.4%

Creative Media & Community Trust Corporation stock opened at $2.64 on Thursday. The company has a market capitalization of $7.29 million, a PE ratio of -0.00 and a beta of 0.81. Creative Media & Community Trust Corporation has a 12-month low of $2.29 and a 12-month high of $1,441.00. The firm’s fifty day moving average is $4.12 and its 200 day moving average is $116.37. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 2.67.

Creative Media & Community Trust Corporation (NASDAQ:CMCT) last posted its quarterly earnings results on Friday, May 8th. The real estate investment trust reported ($70.52) EPS for the quarter. Creative Media & Community Trust Corporation had a negative return on equity of 226.47% and a negative net margin of 36.20%.The company had revenue of $29.42 million during the quarter. As a group, sell-side analysts predict that Creative Media & Community Trust Corporation will post -14.38 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CMCT shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Creative Media & Community Trust Corporation in a research report on Friday, June 26th. Wall Street Zen raised shares of Creative Media & Community Trust Corporation from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Zacks Research raised Creative Media & Community Trust Corporation to a “hold” rating in a report on Friday, June 5th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Creative Media & Community Trust Corporation Profile

Creative Media & Community Trust Corporation is a real estate investment trust (REIT) that specializes in originating and acquiring first-lien mortgage loans on non-owner-occupied residential properties in the United States. The company focuses on providing capital to real estate investors and rental homeowners, offering financing solutions tailored to single-family homes, small multifamily properties and other residential real estate investments. Its business model centers on underwriting, closing and servicing mortgage loans that help facilitate real estate acquisitions, refinancings and portfolio expansions for its clients.

The company’s loan portfolio is diversified across key U.S.