Intech Investment Management LLC Takes $121,000 Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

Intech Investment Management LLC acquired a new stake in shares of Invesco Mortgage Capital Inc. (NYSE:IVRFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,879 shares of the real estate investment trust’s stock, valued at approximately $121,000.

Other large investors have also recently made changes to their positions in the company. Segall Bryant & Hamill LLC lifted its position in Invesco Mortgage Capital by 3.4% during the third quarter. Segall Bryant & Hamill LLC now owns 537,168 shares of the real estate investment trust’s stock valued at $5,044,000 after purchasing an additional 17,453 shares during the period. Aigen Investment Management LP acquired a new position in Invesco Mortgage Capital during the third quarter valued at $134,000. Wolverine Asset Management LLC acquired a new position in Invesco Mortgage Capital during the third quarter valued at $1,002,000. Van ECK Associates Corp lifted its position in Invesco Mortgage Capital by 7.0% during the third quarter. Van ECK Associates Corp now owns 491,433 shares of the real estate investment trust’s stock valued at $4,615,000 after purchasing an additional 32,359 shares during the period. Finally, PL Capital Advisors LLC lifted its position in Invesco Mortgage Capital by 100.0% during the third quarter. PL Capital Advisors LLC now owns 400,000 shares of the real estate investment trust’s stock valued at $3,756,000 after purchasing an additional 200,000 shares during the period. 40.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JMP Securities restated a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Wednesday, August 28th. StockNews.com upgraded shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th.

Get Our Latest Analysis on IVR

Invesco Mortgage Capital Stock Performance

Shares of Invesco Mortgage Capital stock opened at $8.52 on Friday. The firm has a 50-day simple moving average of $8.43 and a two-hundred day simple moving average of $8.83. The company has a market cap of $517.42 million, a P/E ratio of 7.10 and a beta of 1.89. Invesco Mortgage Capital Inc. has a fifty-two week low of $7.60 and a fifty-two week high of $9.97.

Invesco Mortgage Capital (NYSE:IVRGet Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 36.90% and a net margin of 30.67%. During the same quarter last year, the company posted $1.51 EPS. Equities research analysts forecast that Invesco Mortgage Capital Inc. will post 3.06 EPS for the current year.

Invesco Mortgage Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 7th were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 18.78%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 133.33%.

Invesco Mortgage Capital Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Mortgage Capital (NYSE:IVR)

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