Capstead Mortgage Co. (NYSE:CMO) Holdings Decreased by Great West Life Assurance Co. Can


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Great West Life Assurance Co. Can reduced its stake in shares of Capstead Mortgage Co. (NYSE:CMO) by 8.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 108,151 shares of the real estate investment trust’s stock after selling 10,182 shares during the period. Great West Life Assurance Co. Can’s holdings in Capstead Mortgage were worth $607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Huntington National Bank bought a new position in Capstead Mortgage during the 3rd quarter worth $28,000. Point72 Hong Kong Ltd bought a new position in Capstead Mortgage during the 2nd quarter worth $33,000. Marshall Wace North America L.P. bought a new position in Capstead Mortgage during the 1st quarter worth $67,000. Concorde Asset Management LLC bought a new position in Capstead Mortgage during the 3rd quarter worth $62,000. Finally, Raymond James & Associates bought a new position in Capstead Mortgage during the 3rd quarter worth $88,000. Hedge funds and other institutional investors own 77.63% of the company’s stock.

Shares of Capstead Mortgage stock opened at $5.56 on Thursday. The company has a quick ratio of 22.97, a current ratio of 22.97 and a debt-to-equity ratio of 11.68. The firm has a market cap of $536.43 million, a price-to-earnings ratio of -3.76 and a beta of 1.39. The business has a fifty day simple moving average of $5.84 and a 200-day simple moving average of $5.82. Capstead Mortgage Co. has a fifty-two week low of $1.97 and a fifty-two week high of $8.42.

Capstead Mortgage (NYSE:CMO) last announced its quarterly earnings data on Wednesday, October 28th. The real estate investment trust reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.02). Capstead Mortgage had a negative net margin of 52.33% and a positive return on equity of 11.77%. Analysts anticipate that Capstead Mortgage Co. will post 0.66 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Thursday, December 31st will be issued a $0.15 dividend. The ex-dividend date is Wednesday, December 30th. This represents a $0.60 annualized dividend and a dividend yield of 10.79%. Capstead Mortgage’s dividend payout ratio (DPR) is 120.00%.

Several research firms have recently issued reports on CMO. ValuEngine raised Capstead Mortgage from a “strong sell” rating to a “sell” rating in a research note on Tuesday, December 1st. Zacks Investment Research cut Capstead Mortgage from a “hold” rating to a “sell” rating in a research note on Thursday, November 26th.

Capstead Mortgage 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.

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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 Co. (NYSE:CMO).

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

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