Aperio Group LLC reduced its position in shares of Capstead Mortgage Corp. (NYSE:CMO) by 8.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 522,129 shares of the real estate investment trust’s stock after selling 47,595 shares during the period. Aperio Group LLC owned 0.54% of Capstead Mortgage Corp. worth $4,924,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of CMO. Pacad Investment Ltd. boosted its position in shares of Capstead Mortgage Corp. by 6.7% in the second quarter. Pacad Investment Ltd. now owns 11,100 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 700 shares during the period. Amalgamated Bank boosted its position in shares of Capstead Mortgage Corp. by 10.4% in the second quarter. Amalgamated Bank now owns 11,370 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 1,067 shares during the period. PineBridge Investments L.P. boosted its position in shares of Capstead Mortgage Corp. by 3.8% in the second quarter. PineBridge Investments L.P. now owns 12,169 shares of the real estate investment trust’s stock worth $118,000 after buying an additional 447 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Capstead Mortgage Corp. by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 13,387 shares of the real estate investment trust’s stock worth $130,000 after buying an additional 1,623 shares during the period. Finally, Panagora Asset Management Inc. acquired a new position in shares of Capstead Mortgage Corp. during the second quarter worth $144,000. 67.30% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Capstead Mortgage Corp. (NYSE:CMO)

Shares of Capstead Mortgage Corp. (NYSE:CMO) traded up 1.54% during mid-day trading on Tuesday, reaching $10.52. 747,919 shares of the company were exchanged. Capstead Mortgage Corp. has a 12 month low of $7.48 and a 12 month high of $10.52. The firm has a market capitalization of $1.01 billion, a PE ratio of 12.99 and a beta of 0.33. The company’s 50 day moving average price is $9.60 and its 200 day moving average price is $9.78.

Capstead Mortgage Corp. (NYSE:CMO) last issued its quarterly earnings results on Wednesday, October 26th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by $0.05. Capstead Mortgage Corp. had a return on equity of 8.89% and a net margin of 42.49%. During the same quarter last year, the business earned $0.18 earnings per share. Equities analysts anticipate that Capstead Mortgage Corp. will post $0.80 earnings per share for the current year.

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A number of brokerages have recently weighed in on CMO. Zacks Investment Research cut shares of Capstead Mortgage Corp. from a “hold” rating to a “sell” rating in a research note on Friday, October 28th. Keefe, Bruyette & Woods set a $9.50 price objective on shares of Capstead Mortgage Corp. and gave the stock a “market perform” rating in a research note on Monday, August 1st. Finally, TheStreet raised shares of Capstead Mortgage Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, November 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Capstead Mortgage Corp. currently has a consensus rating of “Hold” and an average price target of $10.75.

In other news, Director Michael G. Oneil sold 8,000 shares of the company’s stock in a transaction that occurred on Friday, November 4th. The shares were sold at an average price of $9.52, for a total value of $76,160.00. Following the completion of the sale, the director now directly owns 59,087 shares of the company’s stock, valued at approximately $562,508.24. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.70% of the stock is currently owned by insiders.

Capstead Mortgage Corp. Company Profile

Capstead Mortgage Corporation is a self-managed real estate investment trust (REIT). The Company invests in a leveraged portfolio of residential mortgage pass-through securities consisting exclusively of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises (GSEs), either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the GSEs), or by an agency of the federal Government, the Government National Mortgage Association (Ginnie Mae).

5 Day Chart for NYSE:CMO

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