Capstead Mortgage (CMO) Market Valuation Rose While Quantbot Technologies LP Lifted Stake; Clearline Capital LP Has Decreased Ncr New (NCR) Stake by $3.42 Million

August 12, 2018 - By Megan Stone

NCR Corporation (NYSE:NCR) Logo

Clearline Capital Lp decreased its stake in Ncr Corp New (NCR) by 37.01% based on its latest 2018Q1 regulatory filing with the SEC. Clearline Capital Lp sold 110,201 shares as the company’s stock declined 10.90% with the market. The hedge fund held 187,539 shares of the office equipment and supplies and services company at the end of 2018Q1, valued at $5.91 million, down from 297,740 at the end of the previous reported quarter. Clearline Capital Lp who had been investing in Ncr Corp New for a number of months, seems to be less bullish one the $3.30 billion market cap company. The stock decreased 3.02% or $0.87 during the last trading session, reaching $27.92. About 982,129 shares traded. NCR Corporation (NYSE:NCR) has declined 27.27% since August 12, 2017 and is downtrending. It has underperformed by 39.84% the S&P500. Some Historical NCR News: 07/05/2018 – NCR’s Point of Sale Innovations Win Accolade at iF DESIGN Awards 2018; 01/05/2018 – NCR 1Q REV. $1.52B, EST. $1.47B; 23/04/2018 – NCR CORP – ON APRIL 23, 2018, ENTERED INTO A MASTER SERVICES AGREEMENT WITH JABIL INC; 10/05/2018 – NCR CEO and Incoming Chairman Announce Substantial NCR Share Purchases; 07/05/2018 – NCR Presenting at JPMorgan Conference May 15; 07/05/2018 – NCR’s Point of Sale Innovations Win Accolade at iF DESIGN Awards 2018; 21/04/2018 – DJ NCR Corporation, Inst Holders, 1Q 2018 (NCR); 26/03/2018 – NCR Short-Interest Ratio Rises 30% to 8 Days; 23/04/2018 – Rep. Bishop: CONGRESSMAN BISHOP STATEMENT IN RESPONSE TO NCR CLOSURE OF MANUFACTURING FACILITIES IN COLUMBUS; 01/05/2018 – NCR Reaffirms 2018 Guidance

Quantbot Technologies Lp increased its stake in Capstead Mortgage Corp (CMO) by 64.18% based on its latest 2018Q1 regulatory filing with the SEC. Quantbot Technologies Lp bought 40,116 shares as the company’s stock rose 6.06% while stock markets declined. The hedge fund held 102,620 shares of the real estate investment trusts company at the end of 2018Q1, valued at $887,000, up from 62,504 at the end of the previous reported quarter. Quantbot Technologies Lp who had been investing in Capstead Mortgage Corp for a number of months, seems to be bullish on the $759.45 million market cap company. The stock increased 0.74% or $0.06 during the last trading session, reaching $8.21. About 1.29 million shares traded or 103.07% up from the average. Capstead Mortgage Corporation (NYSE:CMO) has declined 12.38% since August 12, 2017 and is downtrending. It has underperformed by 24.95% the S&P500. Some Historical CMO News: 25/04/2018 – Consolidated Research: 2018 Summary Expectations for Select Income REIT, Cal-Maine Foods, Capstead Mortgage, Standard Motor Pro; 25/04/2018 – CAPSTEAD MORTGAGE CORP – BOOK VALUE PER COMMON SHARE DECLINED 1.5% OR $0.15, ENDING QUARTER AT $10.10 PER COMMON SHARE; 25/04/2018 – Capstead Mortgage 1Q EPS 16c; 21/04/2018 DJ Capstead Mortgage Corporation, Inst Holders, 1Q 2018 (CMO)

Quantbot Technologies Lp, which manages about $581.51 million and $1.16B US Long portfolio, decreased its stake in A by 40,796 shares to 744 shares, valued at $28,000 in 2018Q1, according to the filing. It also reduced its holding in Allegion Plc (NYSE:ALLE) by 63,319 shares in the quarter, leaving it with 2,953 shares, and cut its stake in Bank Of Nova Scotia (NYSE:BNS).

Among 5 analysts covering Capstead Mortgage (NYSE:CMO), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Capstead Mortgage had 17 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 11 by M Partners. On Wednesday, May 11 the stock rating was upgraded by Wells Fargo to “Outperform”. The firm has “Market Perform” rating given on Tuesday, February 7 by Wells Fargo. The rating was downgraded by Wood to “Market Perform” on Tuesday, July 10. As per Monday, May 29, the company rating was maintained by Keefe Bruyette & Woods. The stock of Capstead Mortgage Corporation (NYSE:CMO) has “Hold” rating given on Friday, July 28 by Keefe Bruyette & Woods. On Friday, July 31 the stock rating was maintained by Deutsche Bank with “Hold”. Keefe Bruyette & Woods maintained the shares of CMO in report on Friday, October 6 with “Hold” rating. The firm has “Hold” rating given on Friday, October 27 by Keefe Bruyette & Woods. The firm has “Buy” rating by Maxim Group given on Friday, July 31.

More news for Capstead Mortgage Corporation (NYSE:CMO) were recently published by: Seekingalpha.com, which released: “Capstead Mortgage Corporation (CMO) CEO Phillip Reinsch on Q2 2018 Results – Earnings Call Transcript” on July 26, 2018. Seekingalpha.com‘s article titled: “Capstead Mortgage off 2.3% after soft Q2” and published on July 26, 2018 is yet another important article.

Investors sentiment increased to 1.09 in 2018 Q1. Its up 0.08, from 1.01 in 2017Q4. It is positive, as 16 investors sold CMO shares while 51 reduced holdings. 26 funds opened positions while 47 raised stakes. 63.32 million shares or 2.94% less from 65.24 million shares in 2017Q4 were reported. Tocqueville Asset Mngmt Lp invested 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Bank Of Montreal Can reported 0% stake. 66,961 are held by Aqr Capital Limited Liability Com. Goldman Sachs Gp holds 548,075 shares or 0% of its portfolio. Pekin Singer Strauss Asset Management Il invested in 39,270 shares or 0.06% of the stock. Utd Services Automobile Association owns 13,401 shares for 0% of their portfolio. 775,394 are owned by Prudential. Johnson Financial Group reported 726 shares. Geode Cap Ltd Liability Corporation accumulated 859,792 shares or 0% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Management holds 0.06% or 732,821 shares in its portfolio. Secor LP holds 110,479 shares or 0.08% of its portfolio. Amalgamated Comml Bank holds 13,609 shares or 0% of its portfolio. Teachers Retirement Systems Of The State Of Kentucky reported 0% in Capstead Mortgage Corporation (NYSE:CMO). Ny State Common Retirement Fund has invested 0% in Capstead Mortgage Corporation (NYSE:CMO). The Texas-based Hodges Cap has invested 0.07% in Capstead Mortgage Corporation (NYSE:CMO).

More notable recent NCR Corporation (NYSE:NCR) news were published by: Businesswire.com which released: “NCR Announces New Organizational Structure and Executive Appointments to Drive Growth” on July 26, 2018, also Fool.com with their article: “Here’s Why NCR Cut Its Outlook” published on August 02, 2018, Zacks.com published: “Will NCR be Able to Maintain its Earnings Streak in Q2?” on July 24, 2018. More interesting news about NCR Corporation (NYSE:NCR) were released by: Bizjournals.com and their article: “NCR names four new top execs, CFO retiring, as it addresses ‘current challenges'” published on July 27, 2018 as well as Seekingalpha.com‘s news article titled: “NCR -10.3% on mixed Q2 with lowered FY18 guidance” with publication date: July 26, 2018.

Analysts await NCR Corporation (NYSE:NCR) to report earnings on October, 18. They expect $0.52 earnings per share, down 44.09% or $0.41 from last year’s $0.93 per share. NCR’s profit will be $61.52 million for 13.42 P/E if the $0.52 EPS becomes a reality. After $0.65 actual earnings per share reported by NCR Corporation for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Among 13 analysts covering NCR (NYSE:NCR), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. NCR had 36 analyst reports since August 20, 2015 according to SRatingsIntel. The stock of NCR Corporation (NYSE:NCR) earned “Buy” rating by RBC Capital Markets on Thursday, April 13. Wedbush maintained NCR Corporation (NYSE:NCR) rating on Wednesday, October 26. Wedbush has “Neutral” rating and $30 target. On Thursday, February 4 the stock rating was maintained by Wedbush with “Neutral”. The firm has “Equal-Weight” rating given on Friday, October 20 by Morgan Stanley. On Wednesday, October 28 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Overweight” rating given on Friday, December 18 by JP Morgan. Morgan Stanley maintained NCR Corporation (NYSE:NCR) on Friday, February 9 with “Equal-Weight” rating. The firm earned “Neutral” rating on Wednesday, May 2 by DA Davidson. The stock of NCR Corporation (NYSE:NCR) has “Buy” rating given on Thursday, January 4 by RBC Capital Markets. The firm earned “Overweight” rating on Friday, December 18 by Jefferies.

Capstead Mortgage Corporation (NYSE:CMO) Institutional Positions Chart

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