Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Purchased by Van ECK Associates Corp

Van ECK Associates Corp lifted its stake in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by 30.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 641,390 shares of the real estate investment trust’s stock after acquiring an additional 149,957 shares during the quarter. Van ECK Associates Corp owned 1.06% of Invesco Mortgage Capital worth $5,163,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. McIlrath & Eck LLC purchased a new stake in shares of Invesco Mortgage Capital in the third quarter worth approximately $62,000. Zacks Investment Management bought a new position in shares of Invesco Mortgage Capital in the 3rd quarter valued at approximately $94,000. Intech Investment Management LLC acquired a new position in Invesco Mortgage Capital during the 3rd quarter worth $121,000. 180 Wealth Advisors LLC lifted its position in shares of Invesco Mortgage Capital by 22.1% in the 4th quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust’s stock worth $113,000 after acquiring an additional 2,542 shares during the period. Finally, Aigen Investment Management LP acquired a new stake in shares of Invesco Mortgage Capital during the 3rd quarter valued at about $134,000. 40.54% of the stock is currently owned by institutional investors and hedge funds.

Invesco Mortgage Capital Trading Down 0.3 %

NYSE IVR opened at $8.80 on Wednesday. The stock has a 50-day simple moving average of $8.28 and a 200 day simple moving average of $8.49. The company has a market capitalization of $534.24 million, a PE ratio of 7.33 and a beta of 1.88. Invesco Mortgage Capital Inc. has a 12 month low of $7.47 and a 12 month high of $9.97.

Invesco Mortgage Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, December 30th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 18.19%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is presently 133.33%.

Wall Street Analyst Weigh In

Separately, JMP Securities reaffirmed a “market perform” rating on shares of Invesco Mortgage Capital in a report on Thursday, January 23rd.

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.