Swiss National Bank Has $736,000 Stake in CatchMark Timber Trust, Inc. (NYSE:CTT)

Swiss National Bank raised its position in CatchMark Timber Trust, Inc. (NYSE:CTT) by 7.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,918 shares of the financial services provider’s stock after buying an additional 4,300 shares during the period. Swiss National Bank owned 0.16% of CatchMark Timber Trust worth $736,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. UBS Asset Management Americas Inc. boosted its position in CatchMark Timber Trust by 6.9% in the fourth quarter. UBS Asset Management Americas Inc. now owns 13,600 shares of the financial services provider’s stock worth $153,000 after buying an additional 882 shares during the last quarter. Tudor Investment Corp Et Al boosted its position in CatchMark Timber Trust by 16.0% in the fourth quarter. Tudor Investment Corp Et Al now owns 17,656 shares of the financial services provider’s stock worth $199,000 after buying an additional 2,440 shares during the last quarter. BLB&B Advisors LLC boosted its position in CatchMark Timber Trust by 12.7% in the first quarter. BLB&B Advisors LLC now owns 24,240 shares of the financial services provider’s stock worth $279,000 after buying an additional 2,740 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its position in CatchMark Timber Trust by 8.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 28,006 shares of the financial services provider’s stock worth $315,000 after buying an additional 2,065 shares during the last quarter. Finally, Wrapmanager Inc. acquired a new position in CatchMark Timber Trust during the first quarter worth approximately $323,000. Institutional investors and hedge funds own 69.90% of the company’s stock.

Shares of CatchMark Timber Trust, Inc. (NYSE:CTT) remained flat at $11.68 during midday trading on Tuesday. The company had a trading volume of 137,802 shares. The firm’s market cap is $453.30 million. The company has a 50 day moving average price of $11.48 and a 200-day moving average price of $11.26. CatchMark Timber Trust, Inc. has a 52 week low of $10.05 and a 52 week high of $12.58.

CatchMark Timber Trust (NYSE:CTT) last issued its quarterly earnings data on Thursday, August 3rd. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.10) by $0.04. CatchMark Timber Trust had a negative net margin of 13.85% and a negative return on equity of 3.26%. The business had revenue of $26.84 million during the quarter, compared to the consensus estimate of $22.87 million. On average, equities analysts expect that CatchMark Timber Trust, Inc. will post ($0.36) EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Wednesday, August 30th will be given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date of this dividend is Monday, August 28th. CatchMark Timber Trust’s dividend payout ratio is currently -174.19%.

TRADEMARK VIOLATION WARNING: “Swiss National Bank Has $736,000 Stake in CatchMark Timber Trust, Inc. (NYSE:CTT)” was originally published by BBNS and is the property of of BBNS. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright and trademark law. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/swiss-national-bank-purchases-4300-shares-of-catchmark-timber-trust-inc-nysectt-updated-updated-updated/1194384.html.

A number of equities analysts recently commented on the company. BidaskClub upgraded CatchMark Timber Trust from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Zacks Investment Research cut CatchMark Timber Trust from a “buy” rating to a “hold” rating in a report on Monday, July 10th.

CatchMark Timber Trust Company Profile

CatchMark Timber Trust, Inc is a real estate company investing in timberlands. The Company primarily engages in the ownership, management, acquisition and disposition of timberlands located in the United States. It is focused on investing in timberlands and to manage such assets to provide current income and attractive long-term returns to its stockholders.

Institutional Ownership by Quarter for CatchMark Timber Trust (NYSE:CTT)

Receive News & Ratings for CatchMark Timber Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CatchMark Timber Trust Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras
Cleveland Indians Acquire Jay Bruce From New York Mets
Cleveland Indians Acquire Jay Bruce From New York Mets
Injury to CC Sabathia Adds to Yankees’ Concerns
Injury to CC Sabathia Adds to Yankees’ Concerns
Darren Daulton Former Catcher with Phillies Dies
Darren Daulton Former Catcher with Phillies Dies


Leave a Reply

 
© 2006-2017 BBNS.