Aperio Group LLC lowered its position in shares of Capstead Mortgage Corp. (NYSE:CMO) by 8.4% during the third quarter, Holdings Channel reports. The institutional investor owned 522,129 shares of the real estate investment trust’s stock after selling 47,595 shares during the period. Aperio Group LLC’s holdings in Capstead Mortgage Corp. were worth $4,924,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP raised its stake in Capstead Mortgage Corp. by 7.2% in the third quarter. First Trust Advisors LP now owns 146,549 shares of the real estate investment trust’s stock worth $1,382,000 after buying an additional 9,804 shares in the last quarter. Pekin Singer Strauss Asset Management IL raised its stake in Capstead Mortgage Corp. by 133.0% in the third quarter. Pekin Singer Strauss Asset Management IL now owns 41,260 shares of the real estate investment trust’s stock worth $389,000 after buying an additional 23,550 shares in the last quarter. Tocqueville Asset Management L.P. raised its stake in Capstead Mortgage Corp. by 10.6% in the third quarter. Tocqueville Asset Management L.P. now owns 15,700 shares of the real estate investment trust’s stock worth $148,000 after buying an additional 1,500 shares in the last quarter. Rothschild Asset Management Inc. raised its stake in Capstead Mortgage Corp. by 0.9% in the third quarter. Rothschild Asset Management Inc. now owns 737,924 shares of the real estate investment trust’s stock worth $6,959,000 after buying an additional 6,910 shares in the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in Capstead Mortgage Corp. by 4.7% in the third quarter. Great West Life Assurance Co. Can now owns 131,075 shares of the real estate investment trust’s stock worth $1,234,000 after buying an additional 5,876 shares in the last quarter. Institutional investors and hedge funds own 67.30% of the company’s stock.

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

Capstead Mortgage Corp. (NYSE:CMO) traded up 1.54% on Tuesday, reaching $10.52. 747,919 shares of the company’s stock traded hands. Capstead Mortgage Corp. has a 52-week low of $7.48 and a 52-week high of $10.52. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 12.99 and a beta of 0.33. The stock’s 50 day moving average is $9.60 and its 200 day moving average is $9.78.

Capstead Mortgage Corp. (NYSE:CMO) last issued its earnings results on Wednesday, October 26th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.05. Capstead Mortgage Corp. had a net margin of 42.49% and a return on equity of 8.89%. During the same quarter in the prior year, the business posted $0.18 earnings per share. On average, equities research analysts predict that Capstead Mortgage Corp. will post $0.80 EPS for the current fiscal year.

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A number of research firms have recently issued reports on CMO. TheStreet upgraded shares of Capstead Mortgage Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, November 16th. Zacks Investment Research lowered shares of Capstead Mortgage Corp. from a “hold” rating to a “sell” rating in a report on Friday, October 28th. Finally, Keefe, Bruyette & Woods set a $9.50 price target on shares of Capstead Mortgage Corp. and gave the company a “market perform” rating in a report on Monday, August 1st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. Capstead Mortgage Corp. presently has an average rating of “Hold” and a consensus price target of $10.75.

In other news, Director Michael G. Oneil sold 8,000 shares of the firm’s stock in a transaction dated Friday, November 4th. The shares were sold at an average price of $9.52, for a total value of $76,160.00. Following the transaction, the director now owns 59,087 shares of the company’s stock, valued at approximately $562,508.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.70% of the stock is currently owned by insiders.

About Capstead Mortgage Corp.

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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