Catchmark Timber Trust (CTT) Reaches $13.21 52-Week High; Alexanders (ALX) Sentiment Is 1.57

November 14, 2017 - By Richard Conner

The stock of Catchmark Timber Trust Inc (NYSE:CTT) hit a new 52-week high and has $13.61 target or 3.00% above today’s $13.21 share price. The 8 months bullish chart indicates low risk for the $573.63M company. The 1-year high was reported on Nov, 14 by If the $13.61 price target is reached, the company will be worth $17.21M more. About 168,421 shares traded. Catchmark Timber Trust Inc (NYSE:CTT) has risen 8.20% since November 14, 2016 and is uptrending. It has underperformed by 8.50% the S&P500.

Alexander’s, Inc. is a real estate investment trust . The company has market cap of $2.09 billion. The Firm is engaged in leasing, managing, developing and redeveloping its properties. It has a 24.79 P/E ratio. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado).

Ems Capital Lp holds 6.49% of its portfolio in Alexander’s, Inc. for 174,083 shares. Bamco Inc Ny owns 211,952 shares or 0.46% of their US portfolio. Moreover, Alpine Woods Capital Investors Llc has 0.33% invested in the company for 14,782 shares. The New York-based Deltec Asset Management Llc has invested 0.12% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 819 shares.

About 1,313 shares traded. Alexander’s, Inc. (ALX) has risen 11.36% since November 14, 2016 and is uptrending. It has underperformed by 5.34% the S&P500.

Among 2 analysts covering CatchMark Timber Trust (NYSE:CTT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CatchMark Timber Trust has $13 highest and $12 lowest target. $12.25’s average target is -7.27% below currents $13.21 stock price. CatchMark Timber Trust had 4 analyst reports since March 9, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 16 by Stifel Nicolaus. Robert W. Baird maintained the stock with “Outperform” rating in Wednesday, March 9 report. As per Friday, May 6, the company rating was maintained by Stifel Nicolaus. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 3.

Analysts await Catchmark Timber Trust Inc (NYSE:CTT) to report earnings on February, 15. They expect $-0.11 EPS, up 15.38% or $0.02 from last year’s $-0.13 per share. After $-0.10 actual EPS reported by Catchmark Timber Trust Inc for the previous quarter, Wall Street now forecasts 10.00% negative EPS growth.

Investors sentiment decreased to 1.37 in Q2 2017. Its down 0.46, from 1.83 in 2017Q1. It turned negative, as 13 investors sold Catchmark Timber Trust Inc shares while 28 reduced holdings. 12 funds opened positions while 44 raised stakes. 26.33 million shares or 4.44% more from 25.21 million shares in 2017Q1 were reported. Moreover, Raymond James Financial Svcs Advsrs Inc has 0.01% invested in Catchmark Timber Trust Inc (NYSE:CTT). Glenmede Trust Communications Na holds 0% or 230 shares. Commonwealth Equity Svcs reported 0.01% in Catchmark Timber Trust Inc (NYSE:CTT). Sprott invested 0.01% of its portfolio in Catchmark Timber Trust Inc (NYSE:CTT). Aperio Group Ltd Liability invested in 29,861 shares or 0% of the stock. The Rhode Island-based Amica Retiree Trust has invested 0.1% in Catchmark Timber Trust Inc (NYSE:CTT). North Star Invest Management Corporation invested in 0.11% or 70,900 shares. Manning And Napier Advsr Lc stated it has 471,926 shares. Gruss Cap Mgmt Ltd Partnership accumulated 0.06% or 70,000 shares. 14,604 were accumulated by Citigroup Inc. Bank Of Mellon has invested 0% in Catchmark Timber Trust Inc (NYSE:CTT). Huber Cap Mngmt Ltd Liability Corporation reported 907,816 shares stake. Invesco Ltd invested in 0% or 71,909 shares. Amica Pension Fund Board Of Trustees invested in 72,107 shares. Northern Trust Corporation, Illinois-based fund reported 462,619 shares.

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