Louisiana State Employees Retirement System increased its position in Invesco Mortgage Capital Inc (NYSE:IVR) by 13.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,700 shares of the real estate investment trust’s stock after buying an additional 5,768 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Invesco Mortgage Capital were worth $754,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund purchased a new position in shares of Invesco Mortgage Capital in the fourth quarter worth $42,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Invesco Mortgage Capital by 32.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,970 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 1,692 shares during the period. Bank of Montreal Can increased its stake in shares of Invesco Mortgage Capital by 93.7% in the fourth quarter. Bank of Montreal Can now owns 9,648 shares of the real estate investment trust’s stock worth $140,000 after buying an additional 4,668 shares during the period. Flinton Capital Management LLC purchased a new position in shares of Invesco Mortgage Capital in the fourth quarter worth $143,000. Finally, Telemus Capital LLC purchased a new position in shares of Invesco Mortgage Capital in the fourth quarter worth $145,000. 58.66% of the stock is currently owned by institutional investors.

Separately, Barclays reiterated a “hold” rating and issued a $15.00 price target on shares of Invesco Mortgage Capital in a report on Sunday, February 24th.

NYSE:IVR opened at $16.13 on Monday. The firm has a market capitalization of $2.06 billion, a P/E ratio of 9.32 and a beta of 0.72. Invesco Mortgage Capital Inc has a twelve month low of $13.67 and a twelve month high of $16.66. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.96.

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

The business also recently declared a quarterly dividend, which will be paid on Friday, April 26th. Investors of record on Friday, March 29th will be issued a $0.45 dividend. The ex-dividend date is Thursday, March 28th. This represents a $1.80 annualized dividend and a yield of 11.16%. This is a boost from Invesco Mortgage Capital’s previous quarterly dividend of $0.42.

ILLEGAL ACTIVITY WARNING: “Louisiana State Employees Retirement System Has $754,000 Position in Invesco Mortgage Capital Inc (IVR)” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this piece on another domain, it was illegally stolen and republished in violation of US and international copyright legislation. The original version of this piece can be accessed at https://www.watchlistnews.com/louisiana-state-employees-retirement-system-has-754000-position-in-invesco-mortgage-capital-inc-ivr/2980851.html.

Invesco Mortgage Capital Company Profile

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 other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.

Featured Article: What are popular range trading strategies?

Want to see what other hedge funds are holding IVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Mortgage Capital Inc (NYSE:IVR).

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

Receive News & Ratings for Invesco Mortgage Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Mortgage Capital and related companies with MarketBeat.com's FREE daily email newsletter.