Metropolitan Life Insurance Co. NY Buys 22,120 Shares of CAPSTEAD MTG CO/SH (CMO)

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Metropolitan Life Insurance Co. NY boosted its stake in CAPSTEAD MTG CO/SH (NYSE:CMO) by 320.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,013 shares of the real estate investment trust’s stock after buying an additional 22,120 shares during the quarter. Metropolitan Life Insurance Co. NY’s holdings in CAPSTEAD MTG CO/SH were worth $194,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of CAPSTEAD MTG CO/SH by 0.8% during the 4th quarter. BlackRock Inc. now owns 15,625,112 shares of the real estate investment trust’s stock worth $104,220,000 after purchasing an additional 117,748 shares during the period. Vanguard Group Inc lifted its stake in shares of CAPSTEAD MTG CO/SH by 1.8% during the 3rd quarter. Vanguard Group Inc now owns 9,445,465 shares of the real estate investment trust’s stock worth $74,714,000 after purchasing an additional 162,692 shares during the period. Vanguard Group Inc. lifted its stake in shares of CAPSTEAD MTG CO/SH by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 9,445,465 shares of the real estate investment trust’s stock worth $74,714,000 after purchasing an additional 162,692 shares during the period. Paradice Investment Management LLC lifted its stake in shares of CAPSTEAD MTG CO/SH by 0.7% during the 4th quarter. Paradice Investment Management LLC now owns 6,586,578 shares of the real estate investment trust’s stock worth $43,932,000 after purchasing an additional 44,037 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of CAPSTEAD MTG CO/SH by 12.3% during the 3rd quarter. Renaissance Technologies LLC now owns 2,586,800 shares of the real estate investment trust’s stock worth $20,462,000 after purchasing an additional 283,154 shares during the period. 84.10% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director John L. Bernard acquired 20,000 shares of the company’s stock in a transaction dated Monday, February 4th. The stock was acquired at an average cost of $7.51 per share, for a total transaction of $150,200.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

CMO has been the subject of a number of research analyst reports. JMP Securities upgraded CAPSTEAD MTG CO/SH from an “underperform” rating to a “market perform” rating in a report on Thursday, February 14th. Keefe, Bruyette & Woods upgraded CAPSTEAD MTG CO/SH from an “underperform” rating to a “market perform” rating and upped their price objective for the stock from $7.00 to $8.50 in a report on Sunday, February 24th.

CMO stock opened at $8.60 on Tuesday. The firm has a market cap of $744.55 million, a PE ratio of 25.59 and a beta of 0.64. The company has a debt-to-equity ratio of 13.71, a current ratio of 8.90 and a quick ratio of 8.90. CAPSTEAD MTG CO/SH has a 52 week low of $6.58 and a 52 week high of $9.37.

CAPSTEAD MTG CO/SH (NYSE:CMO) last released its quarterly earnings data on Wednesday, January 30th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The firm had revenue of $73.53 million for the quarter. CAPSTEAD MTG CO/SH had a return on equity of 5.66% and a net margin of 18.10%.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Friday, March 29th will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, March 28th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.72%.

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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.

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Institutional Ownership by Quarter for CAPSTEAD MTG CO/SH (NYSE:CMO)

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