Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 10.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 473,677 shares of the real estate investment trust's stock after purchasing an additional 46,381 shares during the period. Charles Schwab Investment Management Inc. owned 0.78% of Invesco Mortgage Capital worth $3,813,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. McIlrath & Eck LLC bought a new stake in Invesco Mortgage Capital during the third quarter valued at about $62,000. Zacks Investment Management bought a new stake in shares of Invesco Mortgage Capital in the 3rd quarter valued at about $94,000. 180 Wealth Advisors LLC grew 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 buying an additional 2,542 shares during the last quarter. Intech Investment Management LLC bought a new position in shares of Invesco Mortgage Capital during the 3rd quarter worth approximately $121,000. Finally, Range Financial Group LLC purchased a new stake in Invesco Mortgage Capital during the fourth quarter valued at approximately $177,000. Institutional investors own 40.54% of the company's stock.

Invesco Mortgage Capital Trading Down 3.0 %

Shares of IVR stock traded down $0.25 during trading hours on Friday, reaching $7.93. 2,910,696 shares of the company's stock were exchanged, compared to its average volume of 1,279,766. Invesco Mortgage Capital Inc. has a 1 year low of $7.48 and a 1 year high of $9.97. The stock has a market cap of $517.29 million, a PE ratio of 12.19 and a beta of 1.93. The stock's fifty day moving average price is $8.54 and its two-hundred day moving average price is $8.48.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) 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 net margin of 20.90% and a return on equity of 34.61%. The company had revenue of $13.68 million for the quarter, compared to analyst estimates of $50.18 million. On average, equities analysts expect that Invesco Mortgage Capital Inc. will post 2.49 EPS for the current fiscal year.

Invesco Mortgage Capital Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, April 7th will be given a dividend of $0.34 per share. The ex-dividend date is Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a yield of 17.16%. Invesco Mortgage Capital's dividend payout ratio is currently 209.23%.

Wall Street Analysts Forecast Growth

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 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.