Rhumbline Advisers Grows Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

Rhumbline Advisers lifted its stake in Invesco Mortgage Capital Inc. (NYSE:IVR) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 84,603 shares of the real estate investment trust’s stock after buying an additional 1,513 shares during the quarter. Rhumbline Advisers owned about 0.14% of Invesco Mortgage Capital worth $681,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. McIlrath & Eck LLC purchased a new stake in Invesco Mortgage Capital in the 3rd quarter worth $62,000. Zacks Investment Management bought a new stake in shares of Invesco Mortgage Capital in the third quarter worth about $94,000. 180 Wealth Advisors LLC lifted its position in shares of Invesco Mortgage Capital by 22.1% in the fourth quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust’s stock worth $113,000 after buying an additional 2,542 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Invesco Mortgage Capital in the third quarter worth about $121,000. Finally, Aigen Investment Management LP bought a new position in Invesco Mortgage Capital during the third quarter valued at approximately $134,000. 40.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Invesco Mortgage Capital Stock Performance

Shares of Invesco Mortgage Capital stock opened at $8.75 on Friday. The stock has a market cap of $539.83 million, a price-to-earnings ratio of 13.45 and a beta of 1.93. The stock has a 50 day moving average price of $8.37 and a 200-day moving average price of $8.49. Invesco Mortgage Capital Inc. has a one year low of $7.48 and a one year high of $9.97.

Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.21). Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%. The business had revenue of $13.68 million for the quarter, compared to the consensus estimate of $50.18 million. Sell-side analysts predict that Invesco Mortgage Capital Inc. will post 2.49 earnings per share for the current fiscal year.

Invesco Mortgage Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Monday, December 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 18.30%. The ex-dividend date of this dividend was Monday, December 30th. Invesco Mortgage Capital’s payout ratio is 246.15%.

Invesco Mortgage Capital 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.