Today’s Dividend Action: This is why CatchMark Timber Trust, Inc. (NYSE:CTT) will be paying investors dividends of $0.14 on Dec 16, 2016.

Today's Dividend Action: This is why CatchMark Timber Trust, Inc. (NYSE:CTT) will be paying investors dividends of $0.14 on Dec 16, 2016.

CatchMark Timber Trust, Inc. (NYSE:CTT) is expected to pay $0.14 on Dec 16, 2016. The indicated annual dividend is $0.54. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on CatchMark Timber Trust, Inc.’s current price of $11.25, the dividend is 1.20%. This dividend’s record date is Nov 20, 2016 and the announcement date is Nov 4, 2016. The stock increased 1.17% or $0.13 during the last trading session, hitting $11.25. Catchmark Timber Trust Inc (NYSE:CTT) has risen 0.81% since April 13, 2016 and is uptrending. It has underperformed by 3.12% the S&P500.

CatchMark Timber Trust, Inc. is a self-administered and self-managed real estate firm investing in timberlands. The company has a market cap of $444.86 million. The Firm is engaged in the ownership, management, acquisition and disposition of timberland properties located in the United States. It currently has negative earnings. The Firm invests in timberlands and manages such assets to provide current income and long-term returns to its stockholders.

Insitutional Activity: The institutional sentiment decreased to 1.17 in 2016 Q2. Its down 0.06, from 1.23 in 2016Q1. The ratio dived, as 9 funds sold all Catchmark Timber Trust Inc shares owned while 33 reduced positions. 10 funds bought stakes while 39 increased positions. They now own 27.64 million shares or 3.10% less from 28.52 million shares in 2016Q1.
Cetera last reported 0.01% of its portfolio in the stock. Deprince Race & Zollo Inc accumulated 1.01 million shares or 0.25% of the stock. Wells Fargo And Mn owns 14,013 shares or 0% of their US portfolio. The Manitoba – Canada-based Great West Life Assurance Communications Can has invested 0% in Catchmark Timber Trust Inc (NYSE:CTT). Pictet Asset Mgmt accumulated 1.64M shares or 0.07% of the stock. Sei Com has invested 0% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT). Fuller & Thaler Asset Mgmt Inc last reported 0% of its portfolio in the stock. Citigroup Inc holds 30,058 shares or 0% of its portfolio. Moreover, Atlanta Cap Group has 0.04% invested in Catchmark Timber Trust Inc (NYSE:CTT) for 13,233 shares. Parametric Portfolio Assocs Lc holds 0.01% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT) for 294,127 shares. Trellus Company Lc holds 0.23% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT) for 11,500 shares. Moreover, Blackrock has 0% invested in Catchmark Timber Trust Inc (NYSE:CTT) for 8,684 shares. Tower Rech Cap Limited Liability Company (Trc) holds 0% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT) for 1,004 shares. North Star Mngmt has 0.11% invested in the company for 49,000 shares. The North Carolina-based Comml Bank Of America Corp De has invested 0% in Catchmark Timber Trust Inc (NYSE:CTT).

Insider Transactions: Since August 19, 2016, the stock had 2 insider purchases, and 0 sales for $95,610 net activity. $40,960 worth of Catchmark Timber Trust Inc (NYSE:CTT) shares were bought by Davis Brian M. Rubenstein Douglas had bought 5,000 shares worth $54,650 on Tuesday, November 8.

Catchmark Timber Trust Inc (NYSE:CTT) Ratings Coverage

Out of 2 analysts covering CatchMark Timber Trust (NYSE:CTT), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. CatchMark Timber Trust has been the topic of 2 analyst reports since March 9, 2016 according to StockzIntelligence Inc. On Wednesday, March 9 the stock rating was maintained by Robert W. Baird with “Outperform”. The firm has “Buy” rating by Stifel Nicolaus given on Friday, May 6.

More important recent Catchmark Timber Trust Inc (NYSE:CTT) news were published by: Prnewswire.com which released: “CatchMark Scheduled to Release Third Quarter 2016 Earnings on November 3, 2016” on October 10, 2016, also Prnewswire.com published article titled: “CatchMark Agrees to $102 Million Acquisition of Prime South Carolina Timberlands”, Streetinsider.com published: “Catchmark Timber Trust (CTT) Closes Largest Timberlands Acquisition Since IPO” on June 16, 2016. More interesting news about Catchmark Timber Trust Inc (NYSE:CTT) was released by: Prnewswire.com and their article: “Former CenterPoint CEO Paul S. Fisher Joins CatchMark’s Board” with publication date: January 19, 2016.

CTT Company Profile

CatchMark Timber Trust, Inc., incorporated on September 27, 2005, is a self-administered and self-managed real estate firm investing in timberlands. The Firm is engaged in the ownership, management, acquisition and disposition of timberland properties located in the United States. The Firm invests in timberlands and manages such assets to provide current income and long-term returns to its stockholders. The Firm conducts all its business through CatchMark Timber Operating Partnership, L.P.

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