Blackhawk Capital Partners LLC Takes Position in Creative Media & Community Trust Corporation $CMCT

Blackhawk Capital Partners LLC bought a new position in shares of Creative Media & Community Trust Corporation (NASDAQ:CMCT) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 576,519 shares of the real estate investment trust’s stock, valued at approximately $354,000. Blackhawk Capital Partners LLC owned 21.35% of Creative Media & Community Trust Corporation as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CMCT. Virtu Financial LLC acquired a new stake in Creative Media & Community Trust Corporation in the 4th quarter valued at $55,000. Kestra Advisory Services LLC acquired a new position in Creative Media & Community Trust Corporation during the fourth quarter worth $52,000. Arkadios Wealth Advisors bought a new position in shares of Creative Media & Community Trust Corporation in the fourth quarter valued at $43,000. Cerity Partners LLC bought a new position in shares of Creative Media & Community Trust Corporation in the fourth quarter valued at $43,000. Finally, Morton Capital Management LLC CA acquired a new position in shares of Creative Media & Community Trust Corporation during the fourth quarter valued at about $54,000. 28.34% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Zacks Research raised shares of Creative Media & Community Trust Corporation to a “hold” rating in a research report on Friday, June 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Creative Media & Community Trust Corporation in a research report on Friday, June 26th. Finally, Wall Street Zen upgraded Creative Media & Community Trust Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, June 27th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Creative Media & Community Trust Corporation Stock Down 6.4%

CMCT opened at $2.64 on Thursday. Creative Media & Community Trust Corporation has a fifty-two week low of $2.29 and a fifty-two week high of $1,441.00. The firm has a market capitalization of $7.29 million, a P/E ratio of -0.00 and a beta of 0.81. The company’s 50-day moving average is $4.12 and its 200 day moving average is $116.37. The company has a debt-to-equity ratio of 2.67, a current ratio of 1.78 and a quick ratio of 1.78.

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

About Creative Media & Community Trust Corporation

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.