Private Advisor Group LLC Takes Position in Corporate Capital Trust, Inc. (CCT)

Private Advisor Group LLC purchased a new position in Corporate Capital Trust, Inc. (NYSE:CCT) in the fourth quarter, HoldingsChannel reports. The fund purchased 191,731 shares of the company’s stock, valued at approximately $2,983,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CCT. Ruggie Capital Group bought a new position in Corporate Capital Trust during the fourth quarter valued at approximately $1,063,000. CWM LLC bought a new position in Corporate Capital Trust during the fourth quarter valued at approximately $360,000. IFG Advisory LLC bought a new position in Corporate Capital Trust during the fourth quarter valued at approximately $929,000. Cornerstone Financial Partners LLC bought a new position in Corporate Capital Trust during the fourth quarter valued at approximately $832,000. Finally, V Wealth Management LLC bought a new position in Corporate Capital Trust during the fourth quarter valued at approximately $382,000. 0.72% of the stock is owned by institutional investors and hedge funds.

CCT has been the topic of several recent research reports. SunTrust Banks initiated coverage on shares of Corporate Capital Trust in a research report on Thursday, November 30th. They set a “buy” rating and a $21.00 price objective on the stock. Zacks Investment Research raised shares of Corporate Capital Trust from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Tuesday, January 30th.

Corporate Capital Trust, Inc. (NYSE:CCT) opened at $15.11 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.38 and a quick ratio of 0.38. Corporate Capital Trust, Inc. has a 52-week low of $14.43 and a 52-week high of $19.00.

WARNING: “Private Advisor Group LLC Takes Position in Corporate Capital Trust, Inc. (CCT)” was first reported by Markets Daily and is the property of of Markets Daily. If you are reading this article on another site, it was copied illegally and republished in violation of U.S. and international copyright laws. The correct version of this article can be viewed at https://www.themarketsdaily.com/2018/02/15/private-advisor-group-llc-takes-position-in-corporate-capital-trust-inc-cct.html.

Want to see what other hedge funds are holding CCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corporate Capital Trust, Inc. (NYSE:CCT).

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

Receive News & Ratings for Corporate Capital Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corporate Capital Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply