Corporate Capital Trust Inc (CCT) Shares Sold by Pinkerton Retirement Specialists LLC

Pinkerton Retirement Specialists LLC decreased its position in Corporate Capital Trust Inc (NYSE:CCT) by 36.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,754 shares of the company’s stock after selling 49,282 shares during the quarter. Pinkerton Retirement Specialists LLC’s holdings in Corporate Capital Trust were worth $1,339,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp increased its position in shares of Corporate Capital Trust by 3.2% during the second quarter. Van ECK Associates Corp now owns 876,677 shares of the company’s stock worth $13,694,000 after acquiring an additional 27,506 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Corporate Capital Trust by 3.8% during the second quarter. Commonwealth Equity Services LLC now owns 736,957 shares of the company’s stock worth $11,511,000 after acquiring an additional 26,644 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of Corporate Capital Trust by 3.8% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 706,318 shares of the company’s stock worth $10,778,000 after acquiring an additional 25,708 shares during the period. BlackRock Inc. increased its position in shares of Corporate Capital Trust by 6.9% during the third quarter. BlackRock Inc. now owns 654,187 shares of the company’s stock worth $9,983,000 after acquiring an additional 42,326 shares during the period. Finally, Private Advisor Group LLC increased its position in shares of Corporate Capital Trust by 148.0% during the third quarter. Private Advisor Group LLC now owns 508,436 shares of the company’s stock worth $7,759,000 after acquiring an additional 303,389 shares during the period. 22.28% of the stock is currently owned by institutional investors.

Shares of CCT stock opened at $13.85 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.15 and a quick ratio of 0.15. The firm has a market cap of $1.72 billion and a P/E ratio of 8.99. Corporate Capital Trust Inc has a 12 month low of $13.67 and a 12 month high of $19.00.

Corporate Capital Trust (NYSE:CCT) last issued its earnings results on Thursday, November 8th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). The firm had revenue of $103.86 million for the quarter, compared to analyst estimates of $106.35 million. Corporate Capital Trust had a return on equity of 7.89% and a net margin of 36.12%. On average, sell-side analysts anticipate that Corporate Capital Trust Inc will post 1.58 earnings per share for the current year.

CCT has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Corporate Capital Trust from a “sell” rating to a “hold” rating in a research note on Monday, November 19th. BMO Capital Markets lowered their target price on shares of Corporate Capital Trust from $17.00 to $16.61 and set a “market perform” rating for the company in a research note on Tuesday, August 14th. Wells Fargo & Co downgraded shares of Corporate Capital Trust from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 4th. Finally, ValuEngine downgraded shares of Corporate Capital Trust from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $19.15.

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Corporate Capital Trust Company Profile

Corporate Capital Trust, Inc is a business development company co- sponsored by CNL Fund Advisors Company and KKR Asset Management, LLC. It specializes in senior debt and subordinated debt investments in medium and large sized mature companies. The fund does not invest in start-up companies or companies with speculative business plans.

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Institutional Ownership by Quarter for Corporate Capital Trust (NYSE:CCT)

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