GSA Capital Partners LLP decreased its holdings in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 92.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,334 shares of the real estate investment trust's stock after selling 243,308 shares during the quarter. GSA Capital Partners LLP's holdings in Invesco Mortgage Capital were worth $191,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Invesco Mortgage Capital by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 2,492,244 shares of the real estate investment trust's stock valued at $24,125,000 after buying an additional 96,117 shares during the period. Wolverine Asset Management LLC acquired a new stake in shares of Invesco Mortgage Capital in the 3rd quarter valued at $1,002,000. PL Capital Advisors LLC increased its stake in shares of Invesco Mortgage Capital by 100.0% in the 3rd quarter. PL Capital Advisors LLC now owns 400,000 shares of the real estate investment trust's stock valued at $3,756,000 after buying an additional 200,000 shares during the period. American International Group Inc. increased its stake in shares of Invesco Mortgage Capital by 7.8% in the 1st quarter. American International Group Inc. now owns 24,098 shares of the real estate investment trust's stock valued at $233,000 after buying an additional 1,740 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Invesco Mortgage Capital by 5.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 42,541 shares of the real estate investment trust's stock valued at $412,000 after buying an additional 2,236 shares during the period. Institutional investors own 40.54% of the company's stock.
Analyst Ratings Changes
A number of brokerages recently commented on IVR. StockNews.com raised Invesco Mortgage Capital from a "sell" rating to a "hold" rating in a research note on Monday, October 7th. JMP Securities reaffirmed a "market perform" rating on shares of Invesco Mortgage Capital in a research note on Wednesday, August 28th.
View Our Latest Analysis on Invesco Mortgage Capital
Invesco Mortgage Capital Price Performance
NYSE:IVR traded up $0.13 during trading hours on Monday, reaching $8.33. 604,579 shares of the company were exchanged, compared to its average volume of 1,081,624. The business has a 50 day moving average of $8.59 and a 200 day moving average of $8.90. Invesco Mortgage Capital Inc. has a 1-year low of $7.60 and a 1-year high of $9.97. The company has a market capitalization of $505.88 million, a P/E ratio of 6.87 and a beta of 1.90.
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 EPS 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 the consensus estimate of $12.38 million. Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. During the same quarter in the previous year, the company posted $1.51 earnings per share. As a group, equities research analysts anticipate that Invesco Mortgage Capital Inc. will post 3.06 earnings per share for the current fiscal year.
Invesco Mortgage Capital Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 7th were paid a $0.40 dividend. The ex-dividend date was Monday, October 7th. This represents a $1.60 annualized dividend and a dividend yield of 19.21%. Invesco Mortgage Capital's dividend payout ratio is presently 133.33%.
Invesco Mortgage Capital Company Profile
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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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