Invesco Mortgage Capital's (IVR) "Market Perform" Rating Reiterated at JMP Securities

Invesco Mortgage Capital (NYSE:IVR - Get Free Report)'s stock had its "market perform" rating reissued by JMP Securities in a research report issued to clients and investors on Thursday,Benzinga reports.

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

Invesco Mortgage Capital Price Performance

Shares of IVR stock traded up $0.01 during trading on Thursday, reaching $8.10. The company had a trading volume of 1,211,846 shares, compared to its average volume of 1,326,815. The firm's 50 day simple moving average is $8.22 and its two-hundred day simple moving average is $8.60. Invesco Mortgage Capital has a one year low of $7.47 and a one year high of $9.97. The company has a market capitalization of $491.79 million, a PE ratio of 6.75 and a beta of 1.86.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.68 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.11). The business had revenue of $73.83 million during the quarter, compared to the consensus estimate 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 period in the prior year, the firm earned $1.51 earnings per share. Analysts forecast that Invesco Mortgage Capital will post 3.06 earnings per share for the current year.

Institutional Investors Weigh In On Invesco Mortgage Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC increased its holdings in shares of Invesco Mortgage Capital by 32.9% in the fourth quarter. SG Americas Securities LLC now owns 24,300 shares of the real estate investment trust's stock worth $196,000 after acquiring an additional 6,019 shares in the last quarter. 180 Wealth Advisors LLC boosted its position in Invesco Mortgage Capital by 22.1% during the fourth quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust's stock valued at $113,000 after purchasing an additional 2,542 shares during the last quarter. Range Financial Group LLC acquired a new position in Invesco Mortgage Capital during the fourth quarter valued at approximately $177,000. JPMorgan Chase & Co. boosted its position in Invesco Mortgage Capital by 134.7% during the third quarter. JPMorgan Chase & Co. now owns 141,974 shares of the real estate investment trust's stock valued at $1,333,000 after purchasing an additional 81,477 shares during the last quarter. Finally, Barclays PLC boosted its position in Invesco Mortgage Capital by 326.5% during the third quarter. Barclays PLC now owns 75,303 shares of the real estate investment trust's stock valued at $708,000 after purchasing an additional 57,649 shares during the last quarter. Institutional investors own 40.54% of the company's stock.

About Invesco Mortgage Capital

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.