UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 61.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,156 shares of the real estate investment trust's stock after selling 69,199 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.07% of Invesco Mortgage Capital worth $355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in IVR. Bank of New York Mellon Corp raised its stake in shares of Invesco Mortgage Capital by 1.9% during the fourth quarter. Bank of New York Mellon Corp now owns 132,654 shares of the real estate investment trust's stock valued at $1,068,000 after acquiring an additional 2,472 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Invesco Mortgage Capital by 427.0% during 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 in the last quarter. Rhumbline Advisers raised its stake in shares of Invesco Mortgage Capital by 1.8% during the fourth quarter. Rhumbline Advisers now owns 84,603 shares of the real estate investment trust's stock valued at $681,000 after acquiring an additional 1,513 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Invesco Mortgage Capital by 30.5% during the fourth quarter. Van ECK Associates Corp now owns 641,390 shares of the real estate investment trust's stock valued at $5,163,000 after acquiring an additional 149,957 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in Invesco Mortgage Capital by 76.2% in the fourth quarter. Deutsche Bank AG now owns 46,322 shares of the real estate investment trust's stock worth $373,000 after buying an additional 20,038 shares in the last quarter. Institutional investors own 40.54% of the company's stock.

Analyst Upgrades and Downgrades

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

Invesco Mortgage Capital Stock Performance

NYSE:IVR traded down $0.09 during trading hours on Friday, reaching $7.70. The company's stock had a trading volume of 950,397 shares, compared to its average volume of 1,479,681. The company has a market capitalization of $507.42 million, a P/E ratio of 11.84 and a beta of 1.64. Invesco Mortgage Capital Inc. has a 12 month low of $5.86 and a 12 month high of $9.97. The stock has a 50 day moving average price of $7.26 and a two-hundred day moving average price of $7.96.

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 for the quarter, beating analysts' consensus estimates of $0.56 by $0.08. The firm had revenue of $18.82 million for the quarter, compared to analyst estimates of $44.71 million. Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. 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 company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Monday, April 7th were given a $0.34 dividend. The ex-dividend date was Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 17.67%. Invesco Mortgage Capital's dividend payout ratio (DPR) is currently 323.81%.

About Invesco Mortgage Capital

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.