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UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

Invesco Mortgage Capital logo with Finance background

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 136.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,355 shares of the real estate investment trust's stock after acquiring an additional 65,409 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.19% of Invesco Mortgage Capital worth $1,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of IVR. The Manufacturers Life Insurance Company boosted its holdings in Invesco Mortgage Capital by 8.2% in the second quarter. The Manufacturers Life Insurance Company now owns 17,856 shares of the real estate investment trust's stock valued at $167,000 after purchasing an additional 1,360 shares during the last quarter. PFG Investments LLC boosted its stake in shares of Invesco Mortgage Capital by 6.2% in the second quarter. PFG Investments LLC now owns 32,172 shares of the real estate investment trust's stock worth $301,000 after buying an additional 1,874 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco Mortgage Capital during the second quarter worth about $26,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Invesco Mortgage Capital by 36.0% during 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 acquiring an additional 2,955 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new position in Invesco Mortgage Capital in the second quarter valued at approximately $33,000. 40.54% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Mortgage Capital Stock Performance

Shares of NYSE:IVR traded up $0.07 during midday trading on Thursday, reaching $8.25. 1,603,519 shares of the company's stock traded hands, compared to its average volume of 1,085,329. The company has a fifty day simple moving average of $8.37 and a two-hundred day simple moving average of $8.80. 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 cap of $501.02 million, a P/E ratio of 6.88 and a beta of 1.89.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $73.83 million for the quarter, compared to analysts' expectations 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 period in the previous year, the business earned $1.51 earnings per share. As a group, research analysts forecast that Invesco Mortgage Capital Inc. will post 3.06 EPS for the current fiscal year.

Invesco Mortgage Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Monday, December 30th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 19.39%. Invesco Mortgage Capital's payout ratio is 133.33%.

Wall Street Analyst Weigh In

IVR has been the topic of a number of analyst reports. JMP Securities reaffirmed a "market perform" rating on shares of Invesco Mortgage Capital in a research note on Wednesday, August 28th. StockNews.com upgraded shares of Invesco Mortgage Capital from a "sell" rating to a "hold" rating in a research report on Monday, October 7th.

Get Our Latest Research Report on IVR

Invesco Mortgage Capital Company Profile

(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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Institutional Ownership by Quarter for Invesco Mortgage Capital (NYSE:IVR)

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