Nisa Investment Advisors LLC Raises Stake in Invesco Mortgage Capital Inc. (NYSE:IVR)

Nisa Investment Advisors LLC boosted its holdings in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by 54.1% during the 4th quarter, HoldingsChannel reports. The firm owned 64,906 shares of the real estate investment trust’s stock after purchasing an additional 22,790 shares during the period. Nisa Investment Advisors LLC’s holdings in Invesco Mortgage Capital were worth $575,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Captrust Financial Advisors purchased a new position in Invesco Mortgage Capital during the 2nd quarter worth $25,000. FMR LLC grew its position in Invesco Mortgage Capital by 38.7% during the 1st quarter. FMR LLC now owns 3,421 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 954 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in Invesco Mortgage Capital by 55.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,466 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 1,230 shares during the last quarter. Dark Forest Capital Management LP purchased a new position in Invesco Mortgage Capital during the 1st quarter worth $40,000. Finally, Royal Bank of Canada grew its position in Invesco Mortgage Capital by 1,879.1% during the 3rd quarter. Royal Bank of Canada now owns 3,978 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 3,777 shares during the last quarter. 40.54% of the stock is owned by hedge funds and other institutional investors.

Invesco Mortgage Capital Stock Up 0.4 %

Shares of NYSE:IVR opened at $8.14 on Thursday. The company has a market cap of $395.93 million, a price-to-earnings ratio of -10.17 and a beta of 1.88. The firm’s 50-day simple moving average is $8.95 and its 200-day simple moving average is $8.60. Invesco Mortgage Capital Inc. has a fifty-two week low of $6.34 and a fifty-two week high of $12.37.

Invesco Mortgage Capital Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Stockholders of record on Monday, April 8th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 19.67%. The ex-dividend date of this dividend is Friday, April 5th. Invesco Mortgage Capital’s payout ratio is -200.00%.

Invesco Mortgage Capital Profile

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.