CAPSTEAD MTG CO/SH (CMO) Holdings Raised by Sippican Capital Advisors

Sippican Capital Advisors raised its position in shares of CAPSTEAD MTG CO/SH (NYSE:CMO) by 5.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,025 shares of the real estate investment trust’s stock after acquiring an additional 2,700 shares during the period. Sippican Capital Advisors owned approximately 0.06% of CAPSTEAD MTG CO/SH worth $447,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CMO. Wealthstreet Investment Advisors LLC acquired a new position in shares of CAPSTEAD MTG CO/SH during the fourth quarter valued at about $72,000. Essex Savings Bank acquired a new position in shares of CAPSTEAD MTG CO/SH during the fourth quarter valued at about $67,000. Magnus Financial Group LLC acquired a new position in shares of CAPSTEAD MTG CO/SH during the fourth quarter valued at about $70,000. Timber Hill LLC acquired a new position in shares of CAPSTEAD MTG CO/SH during the fourth quarter valued at about $89,000. Finally, Verition Fund Management LLC acquired a new position in shares of CAPSTEAD MTG CO/SH during the third quarter valued at about $124,000. Institutional investors own 84.10% of the company’s stock.

In other CAPSTEAD MTG CO/SH news, Director John L. Bernard purchased 20,000 shares of the company’s stock in a transaction that occurred on Monday, February 4th. The stock was purchased at an average price of $7.51 per share, with a total value of $150,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.40% of the company’s stock.

Shares of CMO traded down $0.05 during trading hours on Wednesday, reaching $8.51. 7,941 shares of the company traded hands, compared to its average volume of 687,268. The firm has a market capitalization of $735.99 million, a P/E ratio of 25.29 and a beta of 0.64. The company has a debt-to-equity ratio of 13.71, a quick ratio of 8.90 and a current ratio of 8.90. CAPSTEAD MTG CO/SH has a 1-year low of $6.58 and a 1-year high of $9.37.

CAPSTEAD MTG CO/SH (NYSE:CMO) last posted its quarterly earnings results on Wednesday, January 30th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.01). CAPSTEAD MTG CO/SH had a return on equity of 5.66% and a net margin of 18.10%. The business had revenue of $73.53 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 18th. Investors of record on Friday, March 29th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 3.76%. The ex-dividend date is Thursday, March 28th.

A number of brokerages have recently commented on CMO. Keefe, Bruyette & Woods raised shares of CAPSTEAD MTG CO/SH from an “underperform” rating to a “market perform” rating and upped their price objective for the company from $7.00 to $8.50 in a research report on Sunday, February 24th. JMP Securities raised shares of CAPSTEAD MTG CO/SH from an “underperform” rating to a “market perform” rating in a research report on Thursday, February 14th.

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About CAPSTEAD MTG CO/SH

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.

Read More: Return On Assets

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

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