Geode Capital Management LLC Has $11.50 Million Stock Holdings in Invesco Mortgage Capital Inc. (NYSE:IVR)

Geode Capital Management LLC lifted its position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 7.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,224,795 shares of the real estate investment trust's stock after buying an additional 80,051 shares during the period. Geode Capital Management LLC owned about 2.02% of Invesco Mortgage Capital worth $11,504,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. The Manufacturers Life Insurance Company increased its stake in 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 valued at $167,000 after buying an additional 1,360 shares during the last quarter. PFG Investments LLC raised 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 acquiring an additional 1,874 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Invesco Mortgage Capital during the second quarter valued at approximately $26,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Invesco Mortgage Capital by 36.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,162 shares of the real estate investment trust's stock valued at $105,000 after purchasing an additional 2,955 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in shares of Invesco Mortgage Capital during the 2nd quarter worth approximately $33,000. 40.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Invesco Mortgage Capital from a "sell" rating to a "hold" rating in a research note on Monday, October 7th.

Invesco Mortgage Capital Trading Up 4.3 %

NYSE:IVR traded up $0.33 on Wednesday, hitting $8.05. The company's stock had a trading volume of 1,577,514 shares, compared to its average volume of 1,123,785. Invesco Mortgage Capital Inc. has a one year low of $7.60 and a one year high of $9.97. The firm has a market capitalization of $488.88 million, a P/E ratio of 6.71 and a beta of 1.89. The stock has a fifty day moving average of $8.29 and a two-hundred day moving average of $8.73.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.11). Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. The business had revenue of $73.83 million for the quarter, compared to analyst estimates of $12.38 million. During the same period in the prior year, the business earned $1.51 EPS. As a group, sell-side analysts anticipate that Invesco Mortgage Capital Inc. will post 3.06 EPS for the current year.

Invesco Mortgage Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Monday, December 30th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 19.88%. Invesco Mortgage Capital's payout ratio is presently 133.33%.

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.