MML Investors Services LLC lifted its position in Corporate Capital Trust Inc (NYSE:CCT) by 26.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 218,101 shares of the company’s stock after purchasing an additional 45,204 shares during the quarter. MML Investors Services LLC owned 0.18% of Corporate Capital Trust worth $3,328,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Sei Investments Co. grew its holdings in shares of Corporate Capital Trust by 1.5% in the 2nd quarter. Sei Investments Co. now owns 205,163 shares of the company’s stock worth $3,205,000 after purchasing an additional 2,942 shares during the last quarter. IFG Advisory LLC grew its holdings in shares of Corporate Capital Trust by 5.0% in the 2nd quarter. IFG Advisory LLC now owns 63,316 shares of the company’s stock worth $989,000 after purchasing an additional 3,006 shares during the last quarter. LexAurum Advisors LLC grew its holdings in shares of Corporate Capital Trust by 18.5% in the 2nd quarter. LexAurum Advisors LLC now owns 20,624 shares of the company’s stock worth $322,000 after purchasing an additional 3,220 shares during the last quarter. FTB Advisors Inc. grew its holdings in shares of Corporate Capital Trust by 238.9% in the 3rd quarter. FTB Advisors Inc. now owns 5,758 shares of the company’s stock worth $320,000 after purchasing an additional 4,059 shares during the last quarter. Finally, AE Wealth Management LLC grew its holdings in shares of Corporate Capital Trust by 9.2% in the 2nd quarter. AE Wealth Management LLC now owns 56,402 shares of the company’s stock worth $881,000 after purchasing an additional 4,771 shares during the last quarter. 22.28% of the stock is currently owned by institutional investors and hedge funds.

CCT has been the topic of several analyst reports. Wells Fargo & Co lowered shares of Corporate Capital Trust from an “outperform” rating to a “market perform” rating in a report on Thursday, October 4th. Zacks Investment Research raised shares of Corporate Capital Trust from a “sell” rating to a “hold” rating in a report on Monday. BMO Capital Markets lowered their target price on shares of Corporate Capital Trust from $17.00 to $16.61 and set a “market perform” rating on the stock in a report on Tuesday, August 14th. Finally, ValuEngine lowered shares of Corporate Capital Trust from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Corporate Capital Trust has an average rating of “Hold” and a consensus price target of $19.15.

Shares of NYSE CCT opened at $14.03 on Tuesday. The stock has a market cap of $1.74 billion and a P/E ratio of 9.27. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.15 and a current ratio of 0.15. Corporate Capital Trust Inc has a 12-month low of $13.69 and a 12-month high of $19.00.

Corporate Capital Trust (NYSE:CCT) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.01). The company had revenue of $103.86 million for the quarter, compared to analyst estimates of $106.35 million. Corporate Capital Trust had a return on equity of 7.89% and a net margin of 36.12%. On average, sell-side analysts forecast that Corporate Capital Trust Inc will post 1.58 earnings per share for the current fiscal year.

In related news, Director Frederick Arnold purchased 7,500 shares of Corporate Capital Trust stock in a transaction that occurred on Thursday, August 23rd. The shares were acquired at an average price of $16.39 per share, for a total transaction of $122,925.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Ryan Wilson purchased 2,500 shares of Corporate Capital Trust stock in a transaction that occurred on Thursday, August 23rd. The shares were bought at an average price of $16.30 per share, for a total transaction of $40,750.00. The disclosure for this purchase can be found here.

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Corporate Capital Trust Profile

Corporate Capital Trust, Inc is a business development company co- sponsored by CNL Fund Advisors Company and KKR Asset Management, LLC. It specializes in senior debt and subordinated debt investments in medium and large sized mature companies. The fund does not invest in start-up companies or companies with speculative business plans.

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

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