Free Trial

Vanguard Group Inc. Increases Holdings in Invesco Mortgage Capital Inc. (NYSE:IVR)

Invesco Mortgage Capital logo with Finance background

Vanguard Group Inc. boosted its position in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,193,984 shares of the real estate investment trust's stock after acquiring an additional 206,355 shares during the quarter. Vanguard Group Inc. owned 5.26% of Invesco Mortgage Capital worth $25,712,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IVR. PNC Financial Services Group Inc. increased its position in shares of Invesco Mortgage Capital by 427.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,638 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 3,758 shares during the last quarter. McIlrath & Eck LLC purchased a new stake in Invesco Mortgage Capital in the third quarter worth approximately $62,000. KLP Kapitalforvaltning AS bought a new position in Invesco Mortgage Capital during the fourth quarter valued at approximately $81,000. 180 Wealth Advisors LLC raised its stake in shares of 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 worth $113,000 after acquiring an additional 2,542 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in shares of Invesco Mortgage Capital by 22.8% in the 4th quarter. Arizona State Retirement System now owns 15,909 shares of the real estate investment trust's stock worth $128,000 after acquiring an additional 2,953 shares during the last quarter. Hedge funds and other institutional investors own 40.54% of the company's stock.

Invesco Mortgage Capital Stock Performance

IVR traded up $0.23 on Friday, hitting $6.68. 1,301,048 shares of the company were exchanged, compared to its average volume of 1,410,441. The firm has a fifty day simple moving average of $8.10 and a two-hundred day simple moving average of $8.25. Invesco Mortgage Capital Inc. has a 12 month low of $5.86 and a 12 month high of $9.97. The stock has a market capitalization of $435.70 million, a PE ratio of 10.27 and a beta of 1.43.

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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.21). The firm had revenue of $13.68 million during the quarter, compared to analysts' expectations of $50.18 million. Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. On average, equities analysts expect that Invesco Mortgage Capital Inc. will post 2.49 earnings per share for the current year.

Invesco Mortgage Capital Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, April 7th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 20.37%. The ex-dividend date of this dividend is Monday, April 7th. Invesco Mortgage Capital's dividend payout ratio (DPR) is currently 209.23%.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on Invesco Mortgage Capital

About Invesco Mortgage Capital

(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.

Featured Articles

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

Should You Invest $1,000 in Invesco Mortgage Capital Right Now?

Before you consider Invesco Mortgage Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Mortgage Capital wasn't on the list.

While Invesco Mortgage Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy the Fear: 3 Down Stocks That Could 10x Your Profits
Congress Bought THESE Stocks as Tariffs Tanked the Market
5 Stocks to BUY Now as Tariff Uncertainty Fades

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines