Rhumbline Advisers lowered its position in Capstead Mortgage Corporation (NYSE:CMO) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 198,784 shares of the real estate investment trust’s stock after selling 2,743 shares during the period. Rhumbline Advisers owned 0.21% of Capstead Mortgage Corporation worth $2,073,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of Capstead Mortgage Corporation by 52,762.5% in the 1st quarter. BlackRock Inc. now owns 14,213,149 shares of the real estate investment trust’s stock worth $149,808,000 after acquiring an additional 14,186,262 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Capstead Mortgage Corporation by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 8,791,948 shares of the real estate investment trust’s stock worth $92,667,000 after acquiring an additional 531,000 shares in the last quarter. Paradice Investment Management LLC raised its position in shares of Capstead Mortgage Corporation by 10.1% in the 1st quarter. Paradice Investment Management LLC now owns 5,221,011 shares of the real estate investment trust’s stock worth $55,029,000 after acquiring an additional 480,585 shares in the last quarter. State Street Corp raised its position in shares of Capstead Mortgage Corporation by 13.2% in the 1st quarter. State Street Corp now owns 2,683,479 shares of the real estate investment trust’s stock worth $28,285,000 after acquiring an additional 313,330 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Capstead Mortgage Corporation by 33.2% in the 1st quarter. UBS Group AG now owns 2,123,762 shares of the real estate investment trust’s stock worth $22,384,000 after acquiring an additional 529,181 shares in the last quarter. 72.57% of the stock is owned by hedge funds and other institutional investors.

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CMO has been the subject of several research reports. BidaskClub raised Capstead Mortgage Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $11.00 target price on shares of Capstead Mortgage Corporation in a research report on Tuesday, May 30th. Finally, Zacks Investment Research raised Capstead Mortgage Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $11.00.

Capstead Mortgage Corporation (NYSE:CMO) opened at 9.47 on Friday. The company has a market cap of $910.10 million, a price-to-earnings ratio of 15.52 and a beta of 0.36. The stock has a 50 day moving average price of $9.65 and a 200 day moving average price of $10.35. Capstead Mortgage Corporation has a 12 month low of $8.93 and a 12 month high of $11.41.

Capstead Mortgage Corporation (NYSE:CMO) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.06). The firm had revenue of $56.34 million during the quarter, compared to analysts’ expectations of $26.13 million. Capstead Mortgage Corporation had a net margin of 35.05% and a return on equity of 7.31%. During the same quarter in the previous year, the firm posted $0.19 EPS. Analysts anticipate that Capstead Mortgage Corporation will post $0.75 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, September 29th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 8.03%. The ex-dividend date is Thursday, September 28th. Capstead Mortgage Corporation’s dividend payout ratio (DPR) is 137.70%.

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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