GSA Capital Partners LLP Trims Holdings in Invesco Mortgage Capital Inc. (NYSE:IVR)

GSA Capital Partners LLP lessened its position in Invesco Mortgage Capital Inc. (NYSE:IVR) by 92.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 20,334 shares of the real estate investment trust’s stock after selling 243,308 shares during the quarter. GSA Capital Partners LLP’s holdings in Invesco Mortgage Capital were worth $191,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in shares of Invesco Mortgage Capital during the 2nd quarter valued at $26,000. Headlands Technologies LLC bought a new stake in shares of Invesco Mortgage Capital during the second quarter valued at approximately $33,000. 180 Wealth Advisors LLC bought a new stake in Invesco Mortgage Capital during the 2nd quarter valued at $102,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Invesco Mortgage Capital by 36.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,162 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 2,955 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Invesco Mortgage Capital by 8.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,856 shares of the real estate investment trust’s stock worth $167,000 after acquiring an additional 1,360 shares during the period. 40.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

IVR has been the subject of several recent research reports. JMP Securities reiterated a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Wednesday, August 28th. StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th.

Invesco Mortgage Capital Price Performance

Shares of NYSE:IVR opened at $8.20 on Monday. Invesco Mortgage Capital Inc. has a 12 month low of $7.60 and a 12 month high of $9.97. The firm has a market capitalization of $497.99 million, a P/E ratio of 6.83 and a beta of 1.90. The company’s fifty day moving average price is $8.59 and its 200 day moving average price is $8.90.

Invesco Mortgage Capital (NYSE:IVR) last posted its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.11). The company had revenue of $73.83 million for the quarter, compared to analyst estimates of $12.38 million. Invesco Mortgage Capital had a return on equity of 36.90% and a net margin of 30.67%. During the same period last year, the company earned $1.51 earnings per share. On average, sell-side analysts anticipate that Invesco Mortgage Capital Inc. will post 3.06 EPS for the current year.

Invesco Mortgage Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 7th were given a $0.40 dividend. The ex-dividend date was Monday, October 7th. This represents a $1.60 annualized dividend and a dividend yield of 19.51%. Invesco Mortgage Capital’s dividend payout ratio is presently 133.33%.

Invesco Mortgage Capital Company Profile

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.