XTX Topco Ltd acquired a new position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,944 shares of the real estate investment trust’s stock, valued at approximately $96,000.
Several other hedge funds have also made changes to their positions in the business. Mariner LLC acquired a new stake in shares of Invesco Mortgage Capital during the fourth quarter worth $159,000. Barclays PLC boosted its holdings in shares of Invesco Mortgage Capital by 182.1% during the fourth quarter. Barclays PLC now owns 212,433 shares of the real estate investment trust’s stock worth $1,709,000 after purchasing an additional 137,130 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Invesco Mortgage Capital by 32.0% during the fourth quarter. Legal & General Group Plc now owns 47,512 shares of the real estate investment trust’s stock worth $382,000 after purchasing an additional 11,520 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Invesco Mortgage Capital by 2,346.8% during the fourth quarter. Invesco Ltd. now owns 2,324,820 shares of the real estate investment trust’s stock worth $18,715,000 after purchasing an additional 2,229,805 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Invesco Mortgage Capital by 55.6% during the fourth quarter. Russell Investments Group Ltd. now owns 9,154 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 3,272 shares during the last quarter. Institutional investors and hedge funds own 40.54% of the company’s stock.
Analyst Ratings Changes
Separately, JMP Securities reaffirmed a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Thursday, January 23rd.
Invesco Mortgage Capital Trading Up 0.9 %
Shares of IVR opened at $7.47 on Wednesday. The firm has a market capitalization of $487.59 million, a P/E ratio of 11.49 and a beta of 1.43. The stock’s fifty day simple moving average is $7.83 and its 200 day simple moving average is $8.15. Invesco Mortgage Capital Inc. has a twelve month low of $5.86 and a twelve month high of $9.97.
Invesco Mortgage Capital (NYSE:IVR – Get Free Report) last issued its earnings results on Thursday, February 20th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate 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 return on equity of 34.61% and a net margin of 20.90%. Sell-side analysts predict that Invesco Mortgage Capital Inc. will post 2.49 earnings per share for the current year.
Invesco Mortgage Capital Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 7th were paid a $0.34 dividend. The ex-dividend date was Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 18.21%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 209.23%.
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.
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