Comerica Bank decreased its position in shares of CAPSTEAD MTG CO/SH (NYSE:CMO) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,252 shares of the real estate investment trust’s stock after selling 4,149 shares during the quarter. Comerica Bank owned approximately 0.09% of CAPSTEAD MTG CO/SH worth $716,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. 6 Meridian boosted its position in CAPSTEAD MTG CO/SH by 1.7% during the second quarter. 6 Meridian now owns 94,609 shares of the real estate investment trust’s stock valued at $790,000 after purchasing an additional 1,551 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in CAPSTEAD MTG CO/SH by 16.1% in the second quarter. Envestnet Asset Management Inc. now owns 20,386 shares of the real estate investment trust’s stock valued at $170,000 after buying an additional 2,825 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of CAPSTEAD MTG CO/SH by 83.0% in the second quarter. Nisa Investment Advisors LLC now owns 7,291 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 3,306 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of CAPSTEAD MTG CO/SH by 9.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 77,968 shares of the real estate investment trust’s stock worth $670,000 after purchasing an additional 6,599 shares during the last quarter. Finally, Marshall Wace North America L.P. purchased a new position in shares of CAPSTEAD MTG CO/SH in the first quarter worth about $67,000. 81.41% of the stock is currently owned by institutional investors and hedge funds.
CMO traded up $0.13 during trading on Friday, hitting $7.54. The company’s stock had a trading volume of 43,774 shares, compared to its average volume of 703,211. The company has a current ratio of 15.81, a quick ratio of 15.81 and a debt-to-equity ratio of 14.05. The business’s fifty day simple moving average is $7.91 and its 200 day simple moving average is $8.31. The firm has a market capitalization of $624.07 million, a price-to-earnings ratio of 22.09 and a beta of 0.72. CAPSTEAD MTG CO/SH has a twelve month low of $6.58 and a twelve month high of $9.25.
CAPSTEAD MTG CO/SH (NYSE:CMO) last announced its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.04. CAPSTEAD MTG CO/SH had a positive return on equity of 5.87% and a negative net margin of 17.19%. The firm had revenue of $85.70 million for the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Monday, September 30th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.48 dividend on an annualized basis and a yield of 6.37%.
Separately, TheStreet cut CAPSTEAD MTG CO/SH from a “c-” rating to a “d” rating in a research note on Thursday, July 25th.
CAPSTEAD MTG CO/SH Company Profile
Capstead Mortgage Corporation operates as a real estate investment trust (REIT) in the United States. It invests in a portfolio of residential mortgage pass-through securities primarily consisting of short-duration adjustable-rate mortgage securities issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
See Also: Net Margin
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