Pekin Singer Strauss Asset Management IL increased its position in Capstead Mortgage Corporation (NYSE:CMO) by 2.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 51,495 shares of the real estate investment trust’s stock after buying an additional 1,400 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in Capstead Mortgage Corporation were worth $537,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of CMO. Elkfork Partners LLC bought a new position in Capstead Mortgage Corporation during the first quarter worth $105,000. Denver Investment Advisors LLC bought a new position in Capstead Mortgage Corporation during the first quarter worth $106,000. State of Alaska Department of Revenue boosted its position in Capstead Mortgage Corporation by 1.9% in the first 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. Stevens Capital Management LP bought a new position in Capstead Mortgage Corporation during the first quarter worth $117,000. Finally, Honkamp Krueger Financial Services Inc. boosted its position in Capstead Mortgage Corporation by 0.6% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 12,621 shares of the real estate investment trust’s stock worth $132,000 after buying an additional 71 shares in the last quarter. Institutional investors own 71.24% of the company’s stock.

Shares of Capstead Mortgage Corporation (CMO) opened at 9.66 on Friday. The firm has a market capitalization of $928.36 million, a PE ratio of 15.84 and a beta of 0.36. The stock has a 50 day moving average of $10.18 and a 200-day moving average of $10.52. 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 issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.20 by $0.06. The company had revenue of $56.34 million for the quarter, compared to analysts’ expectations 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 previous year, the firm posted $0.19 earnings per share. On average, equities research analysts anticipate that Capstead Mortgage Corporation will post $0.75 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 20th. Shareholders of record on Friday, June 30th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.84 annualized dividend and a dividend yield of 8.70%. Capstead Mortgage Corporation’s payout ratio is currently 137.70%.

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A number of research firms have weighed in on CMO. BidaskClub cut shares of Capstead Mortgage Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 29th. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.00 price objective on shares of Capstead Mortgage Corporation in a research report on Tuesday, May 30th. Finally, Zacks Investment Research cut shares of Capstead Mortgage Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Capstead Mortgage Corporation has a consensus rating of “Hold” and a consensus price target of $11.00.

Capstead Mortgage Corporation Company 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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