Bank of New York Mellon Corp Purchases 2,472 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Bank of New York Mellon Corp raised its holdings in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,654 shares of the real estate investment trust’s stock after buying an additional 2,472 shares during the period. Bank of New York Mellon Corp owned about 0.22% of Invesco Mortgage Capital worth $1,068,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. McIlrath & Eck LLC purchased a new position in Invesco Mortgage Capital during the 3rd quarter valued at $62,000. Zacks Investment Management purchased a new stake in shares of Invesco Mortgage Capital during the third quarter valued at $94,000. 180 Wealth Advisors LLC boosted its stake in shares of Invesco Mortgage Capital by 22.1% during the fourth quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 2,542 shares during the period. Intech Investment Management LLC purchased a new position in Invesco Mortgage Capital in the 3rd quarter worth about $121,000. Finally, Range Financial Group LLC purchased a new position in Invesco Mortgage Capital in the 4th quarter worth about $177,000. Institutional investors own 40.54% of the company’s stock.

Analyst Upgrades and Downgrades

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

Invesco Mortgage Capital Trading Up 0.7 %

Shares of IVR stock opened at $8.75 on Tuesday. Invesco Mortgage Capital Inc. has a twelve month low of $7.48 and a twelve month high of $9.97. The stock has a fifty day simple moving average of $8.52 and a two-hundred day simple moving average of $8.49. The stock has a market capitalization of $539.83 million, a price-to-earnings ratio of 13.45 and a beta of 1.93.

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

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.