Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 10.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,351,663 shares of the real estate investment trust's stock after buying an additional 126,868 shares during the period. Geode Capital Management LLC owned about 2.23% of Invesco Mortgage Capital worth $10,882,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. boosted its holdings in shares of 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 buying an additional 3,758 shares during the period. McIlrath & Eck LLC acquired a new position in shares of Invesco Mortgage Capital in the 3rd quarter valued at about $62,000. KLP Kapitalforvaltning AS bought a new stake in Invesco Mortgage Capital in the 4th quarter valued at about $81,000. 180 Wealth Advisors LLC grew its position in Invesco Mortgage Capital by 22.1% in the 4th quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust's stock worth $113,000 after purchasing an additional 2,542 shares during the last quarter. Finally, Arizona State Retirement System grew its position in Invesco Mortgage Capital by 22.8% in the 4th quarter. Arizona State Retirement System now owns 15,909 shares of the real estate investment trust's stock worth $128,000 after purchasing an additional 2,953 shares during the last quarter. 40.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a "market perform" rating on shares of Invesco Mortgage Capital in a research report on Thursday, January 23rd.

Invesco Mortgage Capital Stock Up 1.8 %

NYSE IVR traded up $0.13 on Monday, hitting $7.40. The stock had a trading volume of 1,417,262 shares, compared to its average volume of 1,426,438. Invesco Mortgage Capital Inc. has a one year low of $5.86 and a one year high of $9.97. The stock has a market cap of $483.02 million, a price-to-earnings ratio of 11.38 and a beta of 1.43. The company's 50-day moving average is $7.86 and its two-hundred day moving average is $8.16.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last posted its earnings results on Thursday, February 20th. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.21). The firm had revenue of $13.68 million during the quarter, compared to the consensus estimate of $50.18 million. Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%. On average, sell-side analysts anticipate that Invesco Mortgage Capital Inc. will post 2.49 earnings per share for the current year.

Invesco Mortgage Capital Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, April 7th were paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 18.38%. The ex-dividend date of this dividend was Monday, April 7th. Invesco Mortgage Capital's dividend payout ratio is currently 209.23%.

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.