Corporate Capital Trust (NYSE:CCT) announced its earnings results on Tuesday. The company reported $0.39 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03), MarketWatch Earnings reports. Corporate Capital Trust had a net margin of 43.78% and a return on equity of 8.14%. The business had revenue of $99.64 million for the quarter, compared to analysts’ expectations of $101.60 million.

Shares of Corporate Capital Trust traded down $0.07, reaching $16.66, during midday trading on Wednesday, according to Marketbeat. The stock had a trading volume of 12,308 shares, compared to its average volume of 607,196. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.23 and a quick ratio of 0.23. The stock has a market cap of $2.11 billion and a PE ratio of 10.82. Corporate Capital Trust has a 12-month low of $16.68 and a 12-month high of $16.78.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 10th. Stockholders of record on Friday, June 29th will be paid a $0.4022 dividend. The ex-dividend date of this dividend is Thursday, June 28th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 9.66%. Corporate Capital Trust’s dividend payout ratio (DPR) is presently 104.55%.

A number of analysts have commented on CCT shares. Zacks Investment Research cut shares of Corporate Capital Trust from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. Wells Fargo started coverage on shares of Corporate Capital Trust in a report on Wednesday, February 21st. They set an “outperform” rating and a $20.00 target price for the company. Finally, ValuEngine cut shares of Corporate Capital Trust from a “buy” rating to a “hold” rating in a report on Friday, April 27th.

In other news, CEO Todd C. Builione acquired 15,000 shares of Corporate Capital Trust stock in a transaction dated Thursday, March 8th. The stock was purchased at an average cost of $16.13 per share, with a total value of $241,950.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Philip Davidson acquired 3,000 shares of Corporate Capital Trust stock in a transaction dated Thursday, March 8th. The stock was purchased at an average cost of $16.00 per share, with a total value of $48,000.00. The disclosure for this purchase can be found here. Over the last three months, insiders bought 29,000 shares of company stock valued at $467,030.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Westside Investment Management Inc. purchased a new position in Corporate Capital Trust during the fourth quarter valued at $107,000. Pinnacle Financial Partners Inc. purchased a new position in Corporate Capital Trust during the fourth quarter valued at $112,000. Wealthcare Advisory Partners LLC grew its stake in Corporate Capital Trust by 940.6% during the first quarter. Wealthcare Advisory Partners LLC now owns 9,667 shares of the company’s stock valued at $163,000 after acquiring an additional 8,738 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in Corporate Capital Trust during the fourth quarter valued at $168,000. Finally, Quantitative Systematic Strategies LLC purchased a new position in Corporate Capital Trust during the first quarter valued at $170,000. 13.67% of the stock is owned by hedge funds and other institutional investors.

About Corporate Capital Trust

Corporate Capital Trust Inc is headquartered in Orlando, Florida, United States and is engaged in the financial intermediation activities. The company offers Trust. The company was founded in 2010.

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