Globeflex Capital LP Cut Its Stepan Co (SCL) Stake as Share Value Rose; As Catchmark Timber Trust (CTT) Shares Declined, Holder Real Estate Management Services Trimmed Holding

April 16, 2018 - By Adrian Erickson

CatchMark Timber Trust, Inc. (NYSE:CTT) Logo

Globeflex Capital LP decreased its stake in Stepan Co (SCL) by 47.03% based on its latest 2017Q4 regulatory filing with the SEC. Globeflex Capital LP sold 3,933 shares as the company’s stock rose 3.31% while stock markets declined. The institutional investor held 4,430 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $350,000, down from 8,363 at the end of the previous reported quarter. Globeflex Capital LP who had been investing in Stepan Co for a number of months, seems to be less bullish one the $1.94B market cap company. The stock increased 0.23% or $0.2 during the last trading session, reaching $85.96. About 58,183 shares traded. Stepan Company (NYSE:SCL) has risen 5.71% since April 16, 2017 and is uptrending. It has underperformed by 5.84% the S&P500.

Real Estate Management Services Llc decreased its stake in Catchmark Timber Trust (CTT) by 8.79% based on its latest 2017Q4 regulatory filing with the SEC. Real Estate Management Services Llc sold 34,500 shares as the company’s stock declined 4.66% with the market. The institutional investor held 357,900 shares of the consumer services company at the end of 2017Q4, valued at $4.70 million, down from 392,400 at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in Catchmark Timber Trust for a number of months, seems to be less bullish one the $615.58M market cap company. The stock increased 0.08% or $0.01 during the last trading session, reaching $12.53. About 226,933 shares traded. CatchMark Timber Trust, Inc. (NYSE:CTT) has risen 12.13% since April 16, 2017 and is uptrending. It has outperformed by 0.58% the S&P500.

Investors sentiment increased to 2.5 in Q4 2017. Its up 1.13, from 1.37 in 2017Q3. It improved, as 11 investors sold CTT shares while 23 reduced holdings. 29 funds opened positions while 56 raised stakes. 30.58 million shares or 13.71% more from 26.90 million shares in 2017Q3 were reported. 128 are held by Meeder Asset Mngmt. Parallax Volatility Advisers Limited Partnership holds 0% or 6,006 shares. 30,311 were reported by Tudor Investment Corp Et Al. Cna Finance owns 0.04% invested in CatchMark Timber Trust, Inc. (NYSE:CTT) for 13,960 shares. Barclays Public Limited Com reported 0% of its portfolio in CatchMark Timber Trust, Inc. (NYSE:CTT). Vanguard Grp invested 0% of its portfolio in CatchMark Timber Trust, Inc. (NYSE:CTT). Bancshares Of America Corporation De holds 753,040 shares. State Common Retirement Fund holds 0% of its portfolio in CatchMark Timber Trust, Inc. (NYSE:CTT) for 36,100 shares. Swiss Savings Bank has invested 0% in CatchMark Timber Trust, Inc. (NYSE:CTT). New York State Teachers Retirement holds 0% in CatchMark Timber Trust, Inc. (NYSE:CTT) or 3,500 shares. 329,978 are owned by Crawford Invest Counsel. Deutsche Commercial Bank Ag stated it has 265,857 shares or 0% of all its holdings. Cove Street Cap Limited Liability Co invested in 39,700 shares. The United Kingdom-based Legal & General Grp Public Ltd Liability Co has invested 0% in CatchMark Timber Trust, Inc. (NYSE:CTT). Acadian Asset Mgmt Ltd reported 7,948 shares stake.

Analysts await CatchMark Timber Trust, Inc. (NYSE:CTT) to report earnings on May, 3. They expect $-0.07 EPS, down 40.00% or $0.02 from last year’s $-0.05 per share. After $-0.12 actual EPS reported by CatchMark Timber Trust, Inc. for the previous quarter, Wall Street now forecasts -41.67% EPS growth.

Among 3 analysts covering CatchMark Timber Trust (NYSE:CTT), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CatchMark Timber Trust had 5 analyst reports since March 9, 2016 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $12.5000 target in Thursday, August 3 report. Stifel Nicolaus maintained CatchMark Timber Trust, Inc. (NYSE:CTT) rating on Friday, May 6. Stifel Nicolaus has “Buy” rating and $13 target. Robert W. Baird maintained CatchMark Timber Trust, Inc. (NYSE:CTT) on Wednesday, March 9 with “Outperform” rating. As per Monday, October 16, the company rating was maintained by Stifel Nicolaus.

Real Estate Management Services Llc, which manages about $741.04 million and $430.63M US Long portfolio, upped its stake in City Office Reit Inc. (NYSE:CIO) by 1.04M shares to 1.71M shares, valued at $22.21 million in 2017Q4, according to the filing. It also increased its holding in Jbg Smith Proper by 15,900 shares in the quarter, for a total of 506,100 shares, and has risen its stake in Kennedy Wilson Hldgs (NYSE:KW).

Investors sentiment increased to 1.35 in Q4 2017. Its up 0.32, from 1.03 in 2017Q3. It increased, as 15 investors sold SCL shares while 53 reduced holdings. 28 funds opened positions while 64 raised stakes. 13.90 million shares or 0.26% less from 13.94 million shares in 2017Q3 were reported. Teacher Retirement Systems Of Texas, a Texas-based fund reported 6,990 shares. Systematic Fincl Lp reported 0.03% in Stepan Company (NYSE:SCL). Rhumbline Advisers owns 51,681 shares. Great West Life Assurance Can owns 26,914 shares. American International Group Incorporated accumulated 15,851 shares or 0% of the stock. Moreover, New York State Teachers Retirement has 0.01% invested in Stepan Company (NYSE:SCL). Tennessee-based Ftb Advisors has invested 0% in Stepan Company (NYSE:SCL). Prudential Financial Incorporated accumulated 190,123 shares or 0.02% of the stock. Panagora Asset Mgmt Inc reported 0.07% in Stepan Company (NYSE:SCL). Credit Suisse Ag holds 20,738 shares or 0% of its portfolio. Tiaa Cref Investment Mgmt Ltd Llc holds 0.01% or 130,717 shares. Eagle Asset Management Incorporated, a Florida-based fund reported 142,371 shares. Citadel Advisors Ltd Llc has invested 0% of its portfolio in Stepan Company (NYSE:SCL). Bahl & Gaynor accumulated 20,110 shares. Wellington Shields Mngmt Limited holds 0.37% or 29,900 shares.

Since February 26, 2018, it had 0 buys, and 9 selling transactions for $4.74 million activity. $25,063 worth of Stepan Company (NYSE:SCL) was sold by Stefaniak Debra. 701 Stepan Company (NYSE:SCL) shares with value of $60,251 were sold by Servatius Gregory. Shares for $157,907 were sold by Hale Jennifer Ansbro. STEPAN F QUINN JR sold $2.92M worth of stock. Mergner Arthur W had sold 1,734 shares worth $147,390 on Friday, March 9.

Globeflex Capital L P, which manages about $3.98B and $358.77M US Long portfolio, upped its stake in Wisdomtree Trust (EPI) by 50,934 shares to 570,205 shares, valued at $15.88M in 2017Q4, according to the filing. It also increased its holding in Synnex Corp (NYSE:SNX) by 4,607 shares in the quarter, for a total of 17,912 shares, and has risen its stake in Extreme Networks Inc (NASDAQ:EXTR).

CatchMark Timber Trust, Inc. (NYSE:CTT) Institutional Positions Chart

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