Two Sigma Advisers LP Sells 133,400 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Two Sigma Advisers LP trimmed its position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 19.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 560,300 shares of the real estate investment trust's stock after selling 133,400 shares during the period. Two Sigma Advisers LP owned approximately 0.92% of Invesco Mortgage Capital worth $4,510,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its holdings in Invesco Mortgage Capital by 427.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,638 shares of the real estate investment trust's stock valued at $37,000 after purchasing an additional 3,758 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in Invesco Mortgage Capital in the fourth quarter worth about $50,000. Russell Investments Group Ltd. increased 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 valued at $74,000 after acquiring an additional 3,272 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Invesco Mortgage Capital during the fourth quarter worth $81,000. Finally, XTX Topco Ltd acquired a new stake in Invesco Mortgage Capital during the fourth quarter worth about $96,000. 40.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Invesco Mortgage Capital Stock Performance

Shares of NYSE:IVR traded down $0.12 during mid-day trading on Friday, hitting $7.43. The stock had a trading volume of 323,748 shares, compared to its average volume of 1,461,247. The company's 50 day moving average is $7.29 and its 200-day moving average is $8.01. Invesco Mortgage Capital Inc. has a 12-month low of $5.86 and a 12-month high of $9.97. The company has a market cap of $489.69 million, a PE ratio of 11.44 and a beta of 1.67.

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

Invesco Mortgage Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 7th were paid a $0.34 dividend. The ex-dividend date was Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a yield of 18.31%. Invesco Mortgage Capital's dividend payout ratio (DPR) is currently 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.