California State Teachers Retirement System Has $1.76 Million Stake in Capstead Mortgage Corporation (CMO)

California State Teachers Retirement System lessened its position in Capstead Mortgage Corporation (NYSE:CMO) by 10.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,080 shares of the real estate investment trust’s stock after selling 19,118 shares during the period. California State Teachers Retirement System owned about 0.18% of Capstead Mortgage Corporation worth $1,764,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Honkamp Krueger Financial Services Inc. raised its position in shares of 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 valued at $132,000 after buying an additional 71 shares during the last quarter. Amalgamated Bank raised its position in shares of Capstead Mortgage Corporation by 1.1% in the second quarter. Amalgamated Bank now owns 13,071 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 139 shares during the last quarter. Crawford Investment Counsel Inc. raised its position in shares of Capstead Mortgage Corporation by 1.3% in the second quarter. Crawford Investment Counsel Inc. now owns 16,227 shares of the real estate investment trust’s stock valued at $169,000 after buying an additional 208 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of Capstead Mortgage Corporation by 0.4% in the second quarter. UBS Asset Management Americas Inc. now owns 51,830 shares of the real estate investment trust’s stock valued at $541,000 after buying an additional 214 shares during the last quarter. Finally, Suntrust Banks Inc. raised its position in shares of Capstead Mortgage Corporation by 1.4% in the second quarter. Suntrust Banks Inc. now owns 15,776 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 225 shares during the last quarter. 70.63% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub raised shares of Capstead Mortgage Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 19th.

Capstead Mortgage Corporation (NYSE CMO) opened at $8.85 on Friday. The company has a debt-to-equity ratio of 12.29, a current ratio of 15.28 and a quick ratio of 15.28. The firm has a market cap of $847.64, a P/E ratio of 14.46 and a beta of 0.30. Capstead Mortgage Corporation has a 52-week low of $8.52 and a 52-week high of $11.41.

Capstead Mortgage Corporation (NYSE:CMO) last issued its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). Capstead Mortgage Corporation had a return on equity of 7.16% and a net margin of 34.00%. The company had revenue of $57.44 million for the quarter, compared to analyst estimates of $24.10 million. During the same period last year, the company posted $0.13 EPS.

The business also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 8.59%. The ex-dividend date was Thursday, September 28th. Capstead Mortgage Corporation’s dividend payout ratio (DPR) is 124.59%.

COPYRIGHT VIOLATION WARNING: “California State Teachers Retirement System Has $1.76 Million Stake in Capstead Mortgage Corporation (CMO)” was first published by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://www.com-unik.info/2017/11/17/california-state-teachers-retirement-system-has-1-76-million-stake-in-capstead-mortgage-corporation-cmo.html.

About Capstead Mortgage Corporation

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).

Want to see what other hedge funds are holding CMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capstead Mortgage Corporation (NYSE:CMO).

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

What are top analysts saying about Capstead Mortgage Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Capstead Mortgage Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit