Invesco Mortgage Capital Inc $IVR Shares Bought by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Invesco Mortgage Capital Inc (NYSE:IVR) by 596.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,771 shares of the real estate investment trust’s stock after buying an additional 88,008 shares during the period. Sei Investments Co.’s holdings in Invesco Mortgage Capital were worth $830,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Invesco Mortgage Capital by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,727,534 shares of the real estate investment trust’s stock worth $28,180,000 after buying an additional 50,548 shares in the last quarter. Invesco Ltd. raised its stake in Invesco Mortgage Capital by 8.5% during the 4th quarter. Invesco Ltd. now owns 2,555,890 shares of the real estate investment trust’s stock valued at $21,495,000 after acquiring an additional 199,259 shares in the last quarter. Geode Capital Management LLC raised its stake in Invesco Mortgage Capital by 6.3% during the 4th quarter. Geode Capital Management LLC now owns 1,708,181 shares of the real estate investment trust’s stock valued at $14,369,000 after acquiring an additional 101,303 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Invesco Mortgage Capital by 7.9% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,544,194 shares of the real estate investment trust’s stock worth $11,674,000 after acquiring an additional 113,608 shares during the period. Finally, Millennium Management LLC boosted its position in Invesco Mortgage Capital by 1,607.0% during the 3rd quarter. Millennium Management LLC now owns 1,523,395 shares of the real estate investment trust’s stock worth $11,517,000 after acquiring an additional 1,434,149 shares during the period. 40.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Weiss Ratings raised Invesco Mortgage Capital from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday. Wall Street Zen cut shares of Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Zacks Research raised shares of Invesco Mortgage Capital from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Invesco Mortgage Capital currently has an average rating of “Hold” and an average target price of $8.25.

Invesco Mortgage Capital Price Performance

NYSE IVR opened at $7.47 on Friday. Invesco Mortgage Capital Inc has a 12 month low of $7.10 and a 12 month high of $9.50. The firm has a market capitalization of $804.61 million, a PE ratio of 5.05 and a beta of 1.60. The company’s 50 day simple moving average is $7.78 and its 200 day simple moving average is $8.10.

Invesco Mortgage Capital (NYSE:IVR) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. The firm had revenue of $30.10 million during the quarter, compared to the consensus estimate of $46.48 million. Invesco Mortgage Capital had a return on equity of 26.48% and a net margin of 38.01%. Sell-side analysts anticipate that Invesco Mortgage Capital Inc will post 1.97 earnings per share for the current fiscal year.

Invesco Mortgage Capital Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Monday, July 27th will be paid a $0.12 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 19.3%. The ex-dividend date of this dividend is Monday, July 27th. Invesco Mortgage Capital’s payout ratio is currently 97.30%.

About Invesco Mortgage Capital

Invesco Mortgage Capital Inc (NYSE: IVR) is a real estate investment trust that specializes in investing in U.S. residential mortgage-backed securities. The company’s portfolio is weighted toward agency-guaranteed RMBS issued or guaranteed by U.S. government-sponsored enterprises such as Fannie Mae, Freddie Mac and Ginnie Mae. By focusing on collateral backed by federal agencies, Invesco Mortgage Capital seeks to generate attractive returns while managing credit risk through securities that carry explicit or implicit government guarantees.

To enhance its portfolio yield, the company employs leverage through repurchase agreements, warehouse facilities and debt financing.