Capstead Mortgage Corporation (CMO) : Gierl Augustine Investment Management Inc scooped up 4 additional shares in Capstead Mortgage Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 152 shares of Capstead Mortgage Corporation which is valued at $1,388.
Other Hedge Funds, Including , Legal General Group Plc boosted its stake in CMO in the latest quarter, The investment management firm added 74,205 additional shares and now holds a total of 187,953 shares of Capstead Mortgage Corporation which is valued at $1,706,613.Creative Planning reduced its stake in CMO by selling 6,054 shares or 24.75% in the most recent quarter. The Hedge Fund company now holds 18,411 shares of CMO which is valued at $167,172. Advisory Services Network added CMO to its portfolio by purchasing 2,500 company shares during the most recent quarter which is valued at $22,500.
Capstead Mortgage Corporation closed down -0.03 points or -0.33% at $9.13 with 4,98,267 shares getting traded on Friday. Post opening the session at $9.16, the shares hit an intraday low of $9.09 and an intraday high of $9.19 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Capstead Mortgage Corporation reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.23.Analysts expectations of $ 29.55.During the same quarter in the previous year, the company posted $0.22 EPS.
Capstead Mortgage Corporation is a self-managed real estate investment trust (REIT). The Company invests in a leveraged portfolio of residential mortgage pass-through securities consisting exclusively of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by Government-sponsored enterprises (GSEs) either Fannie Mae or Freddie Mac (together the GSEs) or by an agency of the federal Government Ginnie Mae. As of December 31 2014 the Company’s long-term investment capital totaled $1.49 billion and consisted of $1.21 billion of common and $184 million of perpetual preferred stockholders’ equity (recorded amounts) and $100 million of unsecured borrowings. The Company offers residential mortgage securities classified as held-to-maturity.