Copper Property CTL Pass Through Trust (CPPTL) Research

Operating as a specialized trust, Copper Property CTL Pass Through Trust offers various trust-related services. Its formation was specifically designed to facilitate the purchase of 160 retail locations and 6 warehouse distribution facilities from J.C. Penney. This acquisition represented a key element of J.C. Penney's Chapter 11 restructuring initiative, with the Trust's ultimate mandate being the subsequent liquidation of these entire holdings. The entity commenced its operations on December 12, 2020, and its corporate headquarters are situated in Jersey City, New Jersey.

Market snapshot

Symbol
CPPTL
Price
$10.95
Day change
+0.18%
Market cap
$821.3M
P/E ratio
19.32x
52-week range
10.4-12.65
Sector
Financial Services
Industry
Asset Management

Peer companies

  • Franklin Technology A Acc USD (0P00000SXJ)
  • RBC Balanced Growth & Income A (0P00016G44)
  • Economic Investment Trust Limited (ECVTF)
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  • Grayscale CoinDesk Crypto 5 ETF (GDLC)
  • Grayscale Solana Staking ETF (GSOL)
  • Grayscale Horizen Trust (ZEN) (HZEN)
  • Jupiter Fund Management Plc (JFHHF)

Recent insider activity

  • Silver Point Capital L.P. — S-Sale (160000 shares) on 2023-07-27
  • Silver Point Capital L.P. — S-Sale (463000 shares) on 2023-07-28
  • Silver Point Capital L.P. — S-Sale (100000 shares) on 2023-07-31
  • Silver Point Capital L.P. — S-Sale (125000 shares) on 2023-07-24
  • Silver Point Capital L.P. — S-Sale (40000 shares) on 2023-07-25

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