Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500,302 shares of the real estate investment trust's stock after selling 36,866 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.82% of Invesco Mortgage Capital worth $4,027,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in Invesco Mortgage Capital by 427.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,638 shares of the real estate investment trust's stock worth $37,000 after buying an additional 3,758 shares during the period. McIlrath & Eck LLC acquired a new stake in Invesco Mortgage Capital during the 3rd quarter worth about $62,000. KLP Kapitalforvaltning AS acquired a new position in Invesco Mortgage Capital in the 4th quarter worth approximately $81,000. Zacks Investment Management purchased a new stake in Invesco Mortgage Capital in the third quarter valued at $94,000. Finally, 180 Wealth Advisors LLC raised 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 acquiring an additional 2,542 shares in the last quarter. Hedge funds and other institutional investors own 40.54% of the company's stock.

Wall Street Analyst Weigh In

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

Invesco Mortgage Capital Stock Performance

Shares of IVR traded up $0.16 during midday trading on Tuesday, hitting $8.05. 3,811,857 shares of the stock were exchanged, compared to its average volume of 1,296,095. The firm has a market cap of $525.12 million, a P/E ratio of 12.38 and a beta of 1.93. Invesco Mortgage Capital Inc. has a 52-week low of $7.48 and a 52-week high of $9.97. The stock has a fifty day simple moving average of $8.54 and a 200 day simple moving average of $8.47.

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

Invesco Mortgage Capital Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, April 7th will be paid a $0.34 dividend. The ex-dividend date is Monday, April 7th. This represents a $1.36 annualized dividend and a yield of 16.90%. Invesco Mortgage Capital's dividend payout ratio is presently 209.23%.

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.