Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Invesco Mortgage Capital Inc (NYSE:IVR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 20,585 shares of the real estate investment trust’s stock, valued at approximately $298,000.

Several other hedge funds have also modified their holdings of IVR. Vanguard Group Inc. boosted its position in Invesco Mortgage Capital by 1.9% during the third quarter. Vanguard Group Inc. now owns 10,984,437 shares of the real estate investment trust’s stock valued at $173,774,000 after purchasing an additional 201,316 shares during the last quarter. WINTON GROUP Ltd boosted its position in Invesco Mortgage Capital by 28.1% during the fourth quarter. WINTON GROUP Ltd now owns 24,981 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 5,473 shares during the last quarter. Advisors Preferred LLC boosted its position in Invesco Mortgage Capital by 70.6% during the fourth quarter. Advisors Preferred LLC now owns 71,134 shares of the real estate investment trust’s stock valued at $1,030,000 after purchasing an additional 29,435 shares during the last quarter. BlackRock Inc. boosted its position in Invesco Mortgage Capital by 2.0% during the third quarter. BlackRock Inc. now owns 20,116,150 shares of the real estate investment trust’s stock valued at $318,237,000 after purchasing an additional 385,463 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Invesco Mortgage Capital by 3.4% during the third quarter. Bank of New York Mellon Corp now owns 1,933,558 shares of the real estate investment trust’s stock valued at $30,589,000 after purchasing an additional 63,239 shares during the last quarter. Institutional investors and hedge funds own 58.52% of the company’s stock.

Separately, Barclays reissued a “hold” rating and set a $15.00 price objective on shares of Invesco Mortgage Capital in a research report on Sunday, February 24th.

IVR opened at $16.10 on Friday. The firm has a market cap of $2.06 billion, a P/E ratio of 9.24 and a beta of 0.72. Invesco Mortgage Capital Inc has a 1 year low of $13.67 and a 1 year high of $16.66. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.96.

Invesco Mortgage Capital (NYSE:IVR) last released its quarterly earnings data on Wednesday, February 20th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.05. The firm had revenue of $143.89 million during the quarter, compared to analysts’ expectations of $63.80 million. Invesco Mortgage Capital had a positive return on equity of 11.98% and a negative net margin of 9.79%. During the same quarter last year, the firm earned $0.47 earnings per share.

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About Invesco Mortgage Capital

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities and mortgage loans. It invests in residential mortgage-backed securities (RMBS) that are guaranteed by the U.S. government agency or a federally chartered corporation; RMBS that are not issued or guaranteed by the U.S.

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

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