Breaking: Capstead Mortgage (NYSE:CMO) “Hold” Rating Reiterated at KBW Today; The Target is $10.75

December 8, 2017 - By Darrin Black

 Breaking: Capstead Mortgage (NYSE:CMO)

Investors sentiment increased to 1.29 in Q2 2017. Its up 0.01, from 1.28 in 2017Q1. It improved, as 12 investors sold Capstead Mortgage Corporation shares while 50 reduced holdings. 20 funds opened positions while 60 raised stakes. 66.95 million shares or 0.87% more from 66.37 million shares in 2017Q1 were reported.

Beck Capital Mngmt Lc reported 0.55% stake. Tocqueville Asset Management Lp holds 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO) for 24,000 shares. Suntrust Banks Inc holds 0% or 15,776 shares in its portfolio. Louisiana State Employees Retirement Systems holds 0.02% or 39,100 shares in its portfolio. Public Employees Retirement Sys Of Ohio holds 0% or 8,589 shares in its portfolio. Invesco Limited stated it has 0.01% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). 71,524 are held by Int Grp. Crawford Inv Counsel Inc has invested 0.01% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Pdts Ltd Liability Corporation has invested 0.02% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Moreover, Hillsdale Investment has 0% invested in Capstead Mortgage Corporation (NYSE:CMO). Susquehanna Group Limited Liability Partnership accumulated 118,416 shares or 0% of the stock. Morgan Stanley reported 167,110 shares. First Tru Advsrs L P invested 0.02% in Capstead Mortgage Corporation (NYSE:CMO). Jbf invested in 0.02% or 20,000 shares. Art Ltd Company stated it has 40,200 shares.

Capstead Mortgage (NYSE:CMO) Rating Reaffirmed

In a note revealed this morning, KBW reconfirmed their “Hold” rating on Capstead Mortgage (NYSE:CMO) shares. The price target would indicate a possible upside of 18.00 % from company’s last stock close.

Investors sentiment increased to 1.29 in Q2 2017. Its up 0.01, from 1.28 in 2017Q1. It improved, as 12 investors sold Capstead Mortgage Corporation shares while 50 reduced holdings. 20 funds opened positions while 60 raised stakes. 66.95 million shares or 0.87% more from 66.37 million shares in 2017Q1 were reported.

Beck Capital Mngmt Lc reported 0.55% stake. Tocqueville Asset Management Lp holds 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO) for 24,000 shares. Suntrust Banks Inc holds 0% or 15,776 shares in its portfolio. Louisiana State Employees Retirement Systems holds 0.02% or 39,100 shares in its portfolio. Public Employees Retirement Sys Of Ohio holds 0% or 8,589 shares in its portfolio. Invesco Limited stated it has 0.01% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). 71,524 are held by Int Grp. Crawford Inv Counsel Inc has invested 0.01% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Pdts Ltd Liability Corporation has invested 0.02% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Moreover, Hillsdale Investment has 0% invested in Capstead Mortgage Corporation (NYSE:CMO). Susquehanna Group Limited Liability Partnership accumulated 118,416 shares or 0% of the stock. Morgan Stanley reported 167,110 shares. First Tru Advsrs L P invested 0.02% in Capstead Mortgage Corporation (NYSE:CMO). Jbf invested in 0.02% or 20,000 shares. Art Ltd Company stated it has 40,200 shares.

Capstead Mortgage Corporation (NYSE:CMO) Ratings Coverage

Among 4 analysts covering Capstead Mortgage (NYSE:CMO), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Capstead Mortgage has $12.50 highest and $10.0 lowest target. $10.88’s average target is 19.43% above currents $9.11 stock price. Capstead Mortgage had 13 analyst reports since August 3, 2015 according to SRatingsIntel. Wells Fargo downgraded the stock to “Market Perform” rating in Monday, April 11 report. The firm has “Market Perform” rating given on Tuesday, February 7 by Wells Fargo. The stock of Capstead Mortgage Corporation (NYSE:CMO) earned “Hold” rating by Keefe Bruyette & Woods on Monday, May 29. Keefe Bruyette & Woods maintained the shares of CMO in report on Friday, October 6 with “Hold” rating. The company was maintained on Tuesday, August 11 by M Partners. As per Friday, July 31, the company rating was maintained by Deutsche Bank. The stock of Capstead Mortgage Corporation (NYSE:CMO) has “Buy” rating given on Friday, January 29 by Maxim Group. The firm has “Outperform” rating by Wells Fargo given on Wednesday, May 11. The rating was maintained by Keefe Bruyette & Woods on Friday, October 27 with “Hold”. As per Friday, July 28, the company rating was maintained by Keefe Bruyette & Woods.

The stock increased 0.11% or $0.01 during the last trading session, reaching $9.11. About 333,562 shares traded. Capstead Mortgage Corporation (NYSE:CMO) has risen 6.72% since December 8, 2016 and is uptrending. It has underperformed by 9.98% the S&P500.

Capstead Mortgage Corporation operates as real estate investment trust in the United States. The company has market cap of $875.51 million. 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. It has a 14.93 P/E ratio. The firm qualifies as a REIT for federal income tax purposes.

More notable recent Capstead Mortgage Corporation (NYSE:CMO) news were published by: Seekingalpha.com which released: “Capstead: Just Be Honest With Yourself” on March 16, 2017, also Seekingalpha.com with their article: “Here Comes An Odd Rally” published on December 07, 2017, Seekingalpha.com published: “Capstead Mortgage From The Perspective Of A Preferred Investor” on October 12, 2017. More interesting news about Capstead Mortgage Corporation (NYSE:CMO) were released by: Seekingalpha.com and their article: “Capstead Mortgage Corp.: Comparing The Performance Of Its Preferred And Common …” published on October 18, 2017 as well as Businesswire.com‘s news article titled: “Capstead Mortgage Corporation Announces Addition to Management Team” with publication date: October 23, 2017.

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