Nationwide Fund Advisors grew its position in shares of INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) by 145.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 163,417 shares of the real estate investment trust’s stock after buying an additional 96,749 shares during the quarter. Nationwide Fund Advisors owned 0.15% of INVESCO MORTGAGE CAPITAL INC worth $2,731,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. raised its position in INVESCO MORTGAGE CAPITAL INC by 348.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,131,111 shares of the real estate investment trust’s stock worth $18,902,000 after buying an additional 878,680 shares during the last quarter. Teachers Advisors LLC raised its position in INVESCO MORTGAGE CAPITAL INC by 6.2% during the 2nd quarter. Teachers Advisors LLC now owns 205,745 shares of the real estate investment trust’s stock worth $3,438,000 after buying an additional 11,932 shares during the last quarter. Martingale Asset Management L P raised its position in INVESCO MORTGAGE CAPITAL INC by 233.3% during the 2nd quarter. Martingale Asset Management L P now owns 356,719 shares of the real estate investment trust’s stock worth $5,961,000 after buying an additional 249,681 shares during the last quarter. Alliancebernstein L.P. raised its position in INVESCO MORTGAGE CAPITAL INC by 40.1% during the 2nd quarter. Alliancebernstein L.P. now owns 325,553 shares of the real estate investment trust’s stock worth $5,440,000 after buying an additional 93,210 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in INVESCO MORTGAGE CAPITAL INC by 61.0% during the 2nd quarter. Wells Fargo & Company MN now owns 591,120 shares of the real estate investment trust’s stock worth $9,877,000 after buying an additional 223,934 shares during the last quarter. Institutional investors own 63.37% of the company’s stock.

INVESCO MORTGAGE CAPITAL INC (NYSE IVR) opened at 17.48 on Friday. The stock has a market cap of $1.95 billion, a P/E ratio of 4.17 and a beta of 0.81. The stock has a 50 day moving average of $17.06 and a 200-day moving average of $16.52. INVESCO MORTGAGE CAPITAL INC has a one year low of $14.15 and a one year high of $17.50.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) last issued its quarterly earnings data on Monday, August 7th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. INVESCO MORTGAGE CAPITAL INC had a net margin of 71.92% and a return on equity of 8.97%. The business had revenue of $82.94 million for the quarter, compared to analysts’ expectations of $84.50 million. During the same period in the previous year, the business earned $0.42 earnings per share. Analysts anticipate that INVESCO MORTGAGE CAPITAL INC will post $1.61 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 26th. Shareholders of record on Wednesday, September 27th will be given a $0.41 dividend. The ex-dividend date is Tuesday, September 26th. This is a boost from INVESCO MORTGAGE CAPITAL INC’s previous quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a yield of 9.38%. INVESCO MORTGAGE CAPITAL INC’s payout ratio is 37.79%.

A number of equities analysts have commented on IVR shares. Keefe, Bruyette & Woods restated a “buy” rating and set a $18.25 price objective on shares of INVESCO MORTGAGE CAPITAL INC in a research report on Thursday, August 10th. BidaskClub downgraded shares of INVESCO MORTGAGE CAPITAL INC from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Finally, Zacks Investment Research downgraded shares of INVESCO MORTGAGE CAPITAL INC from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $17.75.

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INVESCO MORTGAGE CAPITAL INC Profile

Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.

Institutional Ownership by Quarter for INVESCO MORTGAGE CAPITAL INC (NYSE:IVR)

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