Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Purchased by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. raised its holdings in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 100.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,457,258 shares of the real estate investment trust's stock after buying an additional 730,497 shares during the period. Balyasny Asset Management L.P. owned about 2.40% of Invesco Mortgage Capital worth $11,731,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of Invesco Mortgage Capital by 32.3% during the fourth quarter. Bank of America Corp DE now owns 61,051 shares of the real estate investment trust's stock worth $491,000 after acquiring an additional 14,897 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in shares of Invesco Mortgage Capital in the 4th quarter worth about $50,000. Freestone Grove Partners LP purchased a new stake in shares of Invesco Mortgage Capital in the 4th quarter worth $584,000. Northern Trust Corp increased its position in Invesco Mortgage Capital by 30.1% during the 4th quarter. Northern Trust Corp now owns 572,095 shares of the real estate investment trust's stock valued at $4,605,000 after purchasing an additional 132,463 shares during the period. Finally, Nebula Research & Development LLC purchased a new position in Invesco Mortgage Capital during the 4th quarter valued at about $347,000. 40.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

IVR has been the topic of a number of analyst reports. JMP Securities reaffirmed a "market perform" rating on shares of Invesco Mortgage Capital in a research report on Thursday, January 23rd. StockNews.com cut shares of Invesco Mortgage Capital from a "hold" rating to a "sell" rating in a research note on Friday.

Invesco Mortgage Capital Stock Up 0.2%

Invesco Mortgage Capital stock traded up $0.02 during mid-day trading on Monday, reaching $7.56. 1,372,936 shares of the company's stock were exchanged, compared to its average volume of 1,439,414. The company has a market cap of $498.19 million, a P/E ratio of 11.62 and a beta of 1.67. The company has a fifty day moving average of $7.58 and a 200-day moving average of $8.07. 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 posted its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.08. The company had revenue of $18.82 million for the quarter, compared to analysts' expectations of $44.71 million. Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%. Equities research analysts expect that Invesco Mortgage Capital Inc. will post 2.49 earnings per share for the current fiscal year.

Invesco Mortgage Capital Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 7th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 18.00%. The ex-dividend date was Monday, April 7th. Invesco Mortgage Capital's payout ratio is 323.81%.

Invesco Mortgage Capital Company 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.