Two Sigma Investments LP Has $7.40 Million Stock Holdings in Invesco Mortgage Capital Inc. (NYSE:IVR)

Two Sigma Investments LP lessened its stake in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 13.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 919,761 shares of the real estate investment trust's stock after selling 138,595 shares during the quarter. Two Sigma Investments LP owned 1.51% of Invesco Mortgage Capital worth $7,404,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. PNC Financial Services Group Inc. boosted its stake in Invesco Mortgage Capital by 427.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,638 shares of the real estate investment trust's stock valued at $37,000 after acquiring an additional 3,758 shares during the period. BNP Paribas Financial Markets bought a new position in shares of Invesco Mortgage Capital in the fourth quarter valued at $50,000. Russell Investments Group Ltd. lifted its stake in Invesco Mortgage Capital by 55.6% during the fourth quarter. Russell Investments Group Ltd. now owns 9,154 shares of the real estate investment trust's stock valued at $74,000 after buying an additional 3,272 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in Invesco Mortgage Capital during the 4th quarter worth approximately $81,000. Finally, XTX Topco Ltd acquired a new position in Invesco Mortgage Capital during the fourth quarter valued at $96,000. 40.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Invesco Mortgage Capital Trading Down 1.6%

IVR traded down $0.12 on Friday, hitting $7.43. 323,748 shares of the stock traded hands, compared to its average volume of 1,461,247. The business has a fifty day moving average price of $7.29 and a two-hundred day moving average price of $8.01. The firm has a market capitalization of $489.69 million, a PE ratio of 11.44 and a beta of 1.67. Invesco Mortgage Capital Inc. has a 52 week low of $5.86 and a 52 week high of $9.97.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $18.82 million for the quarter, compared to the consensus estimate of $44.71 million. Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. On average, equities research analysts forecast that Invesco Mortgage Capital Inc. will post 2.49 EPS for the current fiscal year.

Invesco Mortgage Capital Cuts Dividend

The firm 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 of this dividend was Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a yield of 18.31%. 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.