Harel Insurance Investments & Financial Services Ltd. Sells 110,018 Shares of Creative Media & Community Trust Corporation $CMCT

Harel Insurance Investments & Financial Services Ltd. lessened its holdings in Creative Media & Community Trust Corporation (NASDAQ:CMCT) by 96.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,584 shares of the real estate investment trust’s stock after selling 110,018 shares during the period. Harel Insurance Investments & Financial Services Ltd. owned approximately 0.61% of Creative Media & Community Trust Corporation worth $37,000 at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Creative Media & Community Trust Corporation in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Creative Media & Community Trust Corporation Stock Down 3.8%

NASDAQ CMCT opened at $5.34 on Tuesday. The company has a fifty day moving average of $6.68 and a two-hundred day moving average of $7.12. The firm has a market capitalization of $4.21 million, a price-to-earnings ratio of -0.01 and a beta of 0.89. Creative Media & Community Trust Corporation has a 52 week low of $4.03 and a 52 week high of $105.00.

Creative Media & Community Trust Corporation Profile

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending.