JPMorgan Chase & Co. Sells 115,133 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

JPMorgan Chase & Co. trimmed its holdings in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 81.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,841 shares of the real estate investment trust's stock after selling 115,133 shares during the quarter. JPMorgan Chase & Co.'s holdings in Invesco Mortgage Capital were worth $216,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC boosted its position in Invesco Mortgage Capital by 326.5% during the 3rd quarter. Barclays PLC now owns 75,303 shares of the real estate investment trust's stock worth $708,000 after acquiring an additional 57,649 shares during the period. Range Financial Group LLC bought a new position in Invesco Mortgage Capital in the 4th quarter valued at about $177,000. 180 Wealth Advisors LLC increased its stake in Invesco Mortgage Capital by 22.1% during the 4th quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust's stock valued at $113,000 after buying an additional 2,542 shares during the period. SG Americas Securities LLC raised its position in shares of Invesco Mortgage Capital by 32.9% during the 4th quarter. SG Americas Securities LLC now owns 24,300 shares of the real estate investment trust's stock worth $196,000 after buying an additional 6,019 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of Invesco Mortgage Capital by 30.5% in the 4th quarter. Van ECK Associates Corp now owns 641,390 shares of the real estate investment trust's stock worth $5,163,000 after acquiring an additional 149,957 shares during the period. 40.54% of the stock is currently owned by institutional investors and hedge funds.

Invesco Mortgage Capital Stock Performance

Shares of NYSE IVR traded up $0.06 during mid-day trading on Friday, reaching $7.51. The company had a trading volume of 368,142 shares, compared to its average volume of 1,822,380. The stock has a fifty day moving average of $7.62 and a two-hundred day moving average of $8.09. 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 capitalization of $490.20 million, a price-to-earnings ratio of 11.55 and a beta of 1.67.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.64 EPS for the quarter, beating the consensus estimate 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 business had revenue of $18.82 million during the quarter, compared to analysts' expectations of $44.71 million. Sell-side analysts forecast that Invesco Mortgage Capital Inc. will post 2.49 earnings per share 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. Investors 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 18.11%. Invesco Mortgage Capital's payout ratio is presently 209.23%.

Wall Street Analyst Weigh In

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

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.