Sheaff Brock Investment Advisors LLC trimmed its holdings in shares of Capstead Mortgage Corporation (NYSE:CMO) by 1.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,203 shares of the real estate investment trust’s stock after selling 466 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Capstead Mortgage Corporation were worth $252,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CMO. Teachers Advisors LLC raised its stake in shares of Capstead Mortgage Corporation by 4.2% during the 4th quarter. Teachers Advisors LLC now owns 164,217 shares of the real estate investment trust’s stock worth $1,673,000 after buying an additional 6,571 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Capstead Mortgage Corporation by 1.3% during the 1st quarter. Louisiana State Employees Retirement System now owns 39,100 shares of the real estate investment trust’s stock worth $412,000 after buying an additional 500 shares in the last quarter. State of Alaska Department of Revenue raised its stake in shares of Capstead Mortgage Corporation by 1.9% during the 1st quarter. State of Alaska Department of Revenue now owns 10,590 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 200 shares in the last quarter. Nationwide Fund Advisors raised its stake in shares of Capstead Mortgage Corporation by 0.4% during the 1st quarter. Nationwide Fund Advisors now owns 371,747 shares of the real estate investment trust’s stock worth $3,918,000 after buying an additional 1,513 shares in the last quarter. Finally, ProShare Advisors LLC raised its stake in shares of Capstead Mortgage Corporation by 282.3% during the 1st quarter. ProShare Advisors LLC now owns 66,830 shares of the real estate investment trust’s stock worth $139,000 after buying an additional 49,349 shares in the last quarter. 72.57% of the stock is owned by institutional investors and hedge funds.

Capstead Mortgage Corporation (NYSE CMO) opened at 9.48 on Wednesday. Capstead Mortgage Corporation has a 1-year low of $8.93 and a 1-year high of $11.41. The company has a 50-day moving average price of $9.72 and a 200 day moving average price of $10.38. The stock has a market capitalization of $911.07 million, a P/E ratio of 15.54 and a beta of 0.36.

Capstead Mortgage Corporation (NYSE:CMO) last issued its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.06). The business had revenue of $56.34 million for the quarter, compared to analyst estimates of $26.13 million. Capstead Mortgage Corporation had a return on equity of 7.31% and a net margin of 35.05%. During the same quarter in the prior year, the firm posted $0.19 earnings per share. On average, equities analysts predict that Capstead Mortgage Corporation will post $0.75 EPS for the current year.

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A number of equities analysts have recently issued reports on CMO shares. Zacks Investment Research raised Capstead Mortgage Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th. BidaskClub downgraded Capstead Mortgage Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $11.00 target price on shares of Capstead Mortgage Corporation in a research note on Tuesday, May 30th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $11.00.

Capstead Mortgage Corporation Profile

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

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

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