Barclays PLC Acquires 57,649 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Barclays PLC boosted its holdings in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by 326.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,303 shares of the real estate investment trust’s stock after purchasing an additional 57,649 shares during the quarter. Barclays PLC owned about 0.12% of Invesco Mortgage Capital worth $708,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. McIlrath & Eck LLC bought a new stake in Invesco Mortgage Capital during the 3rd quarter valued at approximately $62,000. Geode Capital Management LLC boosted its stake in Invesco Mortgage Capital by 7.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,224,795 shares of the real estate investment trust’s stock valued at $11,504,000 after purchasing an additional 80,051 shares during the period. Zacks Investment Management bought a new stake in Invesco Mortgage Capital during the 3rd quarter valued at approximately $94,000. State Street Corp boosted its stake in Invesco Mortgage Capital by 1.3% during the 3rd quarter. State Street Corp now owns 1,013,514 shares of the real estate investment trust’s stock valued at $9,517,000 after purchasing an additional 12,557 shares during the period. Finally, Verition Fund Management LLC boosted its stake in Invesco Mortgage Capital by 6.1% during the 3rd quarter. Verition Fund Management LLC now owns 69,752 shares of the real estate investment trust’s stock valued at $655,000 after purchasing an additional 4,002 shares during the period. Institutional investors own 40.54% of the company’s stock.

Invesco Mortgage Capital Stock Up 2.5 %

Invesco Mortgage Capital stock opened at $7.92 on Thursday. The business has a 50 day moving average price of $8.24 and a two-hundred day moving average price of $8.63. The stock has a market cap of $480.98 million, a price-to-earnings ratio of 6.60 and a beta of 1.86. Invesco Mortgage Capital Inc. has a 12 month low of $7.47 and a 12 month high of $9.97.

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

Invesco Mortgage Capital Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Monday, December 30th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 20.20%. Invesco Mortgage Capital’s payout ratio is presently 133.33%.

Analysts Set New Price Targets

Separately, StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a report on Monday, October 7th.

About Invesco Mortgage Capital

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.