Invesco Mortgage Capital Inc $IVR Stock Position Lifted by Sei Investments Co.

Sei Investments Co. lifted its position in Invesco Mortgage Capital Inc (NYSE:IVR) by 596.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,771 shares of the real estate investment trust’s stock after acquiring an additional 88,008 shares during the quarter. Sei Investments Co. owned 0.11% of Invesco Mortgage Capital worth $830,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IVR. Vanguard Group Inc. raised its position in shares of Invesco Mortgage Capital by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,727,534 shares of the real estate investment trust’s stock valued at $28,180,000 after acquiring an additional 50,548 shares in the last quarter. Invesco Ltd. boosted its holdings in Invesco Mortgage Capital by 8.5% in the fourth quarter. Invesco Ltd. now owns 2,555,890 shares of the real estate investment trust’s stock worth $21,495,000 after purchasing an additional 199,259 shares during the period. Geode Capital Management LLC boosted its holdings in Invesco Mortgage Capital by 6.3% in the fourth quarter. Geode Capital Management LLC now owns 1,708,181 shares of the real estate investment trust’s stock worth $14,369,000 after purchasing an additional 101,303 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Invesco Mortgage Capital by 7.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,544,194 shares of the real estate investment trust’s stock worth $11,674,000 after purchasing an additional 113,608 shares during the period. Finally, Millennium Management LLC increased its stake in Invesco Mortgage Capital by 1,607.0% during the third quarter. Millennium Management LLC now owns 1,523,395 shares of the real estate investment trust’s stock valued at $11,517,000 after purchasing an additional 1,434,149 shares during the last quarter. Institutional investors and hedge funds own 40.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on IVR shares. Wall Street Zen cut shares of Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Zacks Research raised shares of Invesco Mortgage Capital from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Finally, Weiss Ratings raised shares of Invesco Mortgage Capital from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $8.25.

Invesco Mortgage Capital Trading Up 0.3%

Shares of NYSE IVR opened at $7.47 on Friday. Invesco Mortgage Capital Inc has a 12-month low of $7.10 and a 12-month high of $9.50. The company has a market cap of $804.61 million, a price-to-earnings ratio of 5.05 and a beta of 1.60. The stock’s 50 day simple moving average is $7.78 and its 200 day simple moving average is $8.10.

Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. Invesco Mortgage Capital had a return on equity of 26.48% and a net margin of 38.01%.The firm had revenue of $30.10 million during the quarter, compared to the consensus estimate of $46.48 million. As a group, equities analysts forecast that Invesco Mortgage Capital Inc will post 1.97 earnings per share for the current fiscal year.

Invesco Mortgage Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, July 27th will be given a dividend of $0.12 per share. The ex-dividend date is Monday, July 27th. This represents a c) annualized dividend and a dividend yield of 19.3%. Invesco Mortgage Capital’s dividend payout ratio is currently 97.30%.

Invesco Mortgage Capital Company Profile

Invesco Mortgage Capital Inc (NYSE: IVR) is a real estate investment trust that specializes in investing in U.S. residential mortgage-backed securities. The company’s portfolio is weighted toward agency-guaranteed RMBS issued or guaranteed by U.S. government-sponsored enterprises such as Fannie Mae, Freddie Mac and Ginnie Mae. By focusing on collateral backed by federal agencies, Invesco Mortgage Capital seeks to generate attractive returns while managing credit risk through securities that carry explicit or implicit government guarantees.

To enhance its portfolio yield, the company employs leverage through repurchase agreements, warehouse facilities and debt financing.