Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,592 shares of the real estate investment trust's stock, valued at approximately $391,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Invesco Mortgage Capital at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Corebridge Financial Inc. increased its position in shares of Invesco Mortgage Capital by 4.7% during the fourth quarter. Corebridge Financial Inc. now owns 27,455 shares of the real estate investment trust's stock worth $221,000 after acquiring an additional 1,242 shares during the period. Rhumbline Advisers increased its holdings in Invesco Mortgage Capital by 1.8% during the 4th quarter. Rhumbline Advisers now owns 84,603 shares of the real estate investment trust's stock worth $681,000 after purchasing an additional 1,513 shares during the period. Bank of New York Mellon Corp increased its holdings in Invesco Mortgage Capital by 1.9% during the 4th quarter. Bank of New York Mellon Corp now owns 132,654 shares of the real estate investment trust's stock worth $1,068,000 after purchasing an additional 2,472 shares during the period. Arizona State Retirement System raised its position in Invesco Mortgage Capital by 22.8% during the 4th quarter. Arizona State Retirement System now owns 15,909 shares of the real estate investment trust's stock valued at $128,000 after purchasing an additional 2,953 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Invesco Mortgage Capital by 55.6% in the 4th quarter. Russell Investments Group Ltd. now owns 9,154 shares of the real estate investment trust's stock worth $74,000 after buying an additional 3,272 shares during the period. Hedge funds and other institutional investors own 40.54% of the company's stock.

Invesco Mortgage Capital Stock Performance

NYSE:IVR traded up $0.06 during trading hours on Thursday, reaching $7.54. The company's stock had a trading volume of 1,074,284 shares, compared to its average volume of 1,470,712. The company has a market capitalization of $496.87 million, a P/E ratio of 11.59 and a beta of 1.67. The stock has a 50 day moving average price of $7.23 and a two-hundred day moving average price of $7.99. Invesco Mortgage Capital Inc. has a 12 month low of $5.86 and a 12 month high of $9.97.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.08. Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%. The firm had revenue of $18.82 million during the quarter, compared to analysts' expectations of $44.71 million. As a group, analysts predict that Invesco Mortgage Capital Inc. will post 2.49 EPS for the current fiscal year.

Invesco Mortgage Capital Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 7th were paid a dividend of $0.34 per share. The ex-dividend date was Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 18.05%. Invesco Mortgage Capital's payout ratio is 323.81%.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Invesco Mortgage Capital from a "hold" rating to a "sell" rating in a research note on Friday, May 9th.

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.