SG Americas Securities LLC Purchases New Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

SG Americas Securities LLC acquired a new position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,281 shares of the real estate investment trust’s stock, valued at approximately $172,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IVR. Valley Brook Capital Group Inc. grew its holdings in Invesco Mortgage Capital by 12.2% during the first quarter. Valley Brook Capital Group Inc. now owns 11,500 shares of the real estate investment trust’s stock worth $111,000 after buying an additional 1,250 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Invesco Mortgage Capital by 8.2% in 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 in the last quarter. California State Teachers Retirement System raised its holdings in shares of Invesco Mortgage Capital by 2.9% in the first quarter. California State Teachers Retirement System now owns 48,476 shares of the real estate investment trust’s stock valued at $469,000 after purchasing an additional 1,362 shares during the last quarter. American International Group Inc. lifted its position in shares of Invesco Mortgage Capital by 7.8% during the first quarter. American International Group Inc. now owns 24,098 shares of the real estate investment trust’s stock valued at $233,000 after purchasing an additional 1,740 shares in the last quarter. Finally, PFG Investments LLC boosted its holdings in Invesco Mortgage Capital by 6.2% during the second quarter. PFG Investments LLC now owns 32,172 shares of the real estate investment trust’s stock worth $301,000 after purchasing an additional 1,874 shares during the last quarter. 40.54% of the stock is owned by hedge funds and other institutional investors.

Invesco Mortgage Capital Stock Performance

Shares of IVR stock opened at $8.37 on Thursday. The firm has a market cap of $408.67 million, a price-to-earnings ratio of -11.96 and a beta of 1.90. Invesco Mortgage Capital Inc. has a 52 week low of $6.34 and a 52 week high of $9.97. The firm’s 50-day simple moving average is $8.79 and its two-hundred day simple moving average is $8.96.

Invesco Mortgage Capital (NYSE:IVR) last posted its quarterly earnings results on Thursday, August 8th. The real estate investment trust reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. Invesco Mortgage Capital had a negative net margin of 9.40% and a positive return on equity of 59.85%. The company had revenue of $68.03 million for the quarter, compared to analysts’ expectations of $9.27 million. During the same quarter in the previous year, the firm posted $1.45 EPS. Analysts forecast that Invesco Mortgage Capital Inc. will post 3.23 earnings per share for the current year.

Invesco Mortgage Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Monday, October 7th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 19.12%. The ex-dividend date is Monday, October 7th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently -228.57%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on IVR shares. StockNews.com raised shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th. JMP Securities reiterated a “market perform” rating on shares of Invesco Mortgage Capital in a report on Wednesday, August 28th.

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.