San Francisco Sentry Investment Group CA bought a new stake in Catchmark Timber Trust Inc (NYSE:CTT) during the 4th quarter, Holdings Channel reports. The institutional investor bought 15,400 shares of the financial services provider’s stock, valued at approximately $202,000.

Several other large investors have also recently modified their holdings of CTT. Acadian Asset Management LLC acquired a new stake in shares of Catchmark Timber Trust in the 4th quarter valued at $104,000. Stelac Advisory Services LLC acquired a new stake in shares of Catchmark Timber Trust in the 3rd quarter valued at $106,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Catchmark Timber Trust in the 4th quarter valued at $117,000. Raymond James Trust N.A. acquired a new stake in shares of Catchmark Timber Trust in the 3rd quarter valued at $137,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of Catchmark Timber Trust in the 3rd quarter valued at $149,000. Institutional investors own 71.03% of the company’s stock.

CTT has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Catchmark Timber Trust from a “buy” rating to a “hold” rating in a research note on Monday, February 5th. Stifel Nicolaus reduced their price target on shares of Catchmark Timber Trust from $13.50 to $12.50 and set a “buy” rating on the stock in a research report on Monday, October 16th. Finally, Raymond James Financial reiterated a “buy” rating on shares of Catchmark Timber Trust in a research report on Thursday, December 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $13.75.

Catchmark Timber Trust Inc (NYSE CTT) opened at $12.20 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.73 and a quick ratio of 0.73. Catchmark Timber Trust Inc has a 52-week low of $10.47 and a 52-week high of $13.47.

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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.

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

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