Van ECK Associates Corp Boosts Stake in Invesco Mortgage Capital Inc. (NYSE:IVR)

Van ECK Associates Corp lifted its position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 30.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 641,390 shares of the real estate investment trust's stock after acquiring an additional 149,957 shares during the quarter. Van ECK Associates Corp owned 1.06% of Invesco Mortgage Capital worth $5,163,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. McIlrath & Eck LLC acquired a new position in shares of Invesco Mortgage Capital during the 3rd quarter worth about $62,000. Zacks Investment Management acquired a new position in shares of Invesco Mortgage Capital during the 3rd quarter worth about $94,000. 180 Wealth Advisors LLC raised its position in shares of Invesco Mortgage Capital by 22.1% during the 4th quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust's stock worth $113,000 after purchasing an additional 2,542 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of Invesco Mortgage Capital during the 3rd quarter worth about $121,000. Finally, Aigen Investment Management LP acquired a new position in shares of Invesco Mortgage Capital during the 3rd quarter worth about $134,000. 40.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, JMP Securities reiterated a "market perform" rating on shares of Invesco Mortgage Capital in a report on Thursday, January 23rd.

Invesco Mortgage Capital Trading Down 0.6 %

IVR stock traded down $0.06 during mid-day trading on Friday, reaching $8.91. The company's stock had a trading volume of 1,882,545 shares, compared to its average volume of 1,087,670. The stock has a market cap of $540.80 million, a PE ratio of 13.70 and a beta of 1.88. Invesco Mortgage Capital Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $9.97. The company's 50 day moving average is $8.31 and its two-hundred day moving average is $8.49.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.21). The business had revenue of $13.68 million during the quarter, compared to analyst estimates of $50.18 million. Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. On average, analysts forecast that Invesco Mortgage Capital Inc. will post 2.49 earnings per share for the current fiscal year.

Invesco Mortgage Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, December 30th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 17.97%. Invesco Mortgage Capital's dividend payout ratio is currently 246.16%.

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.