Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its holdings in shares of Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 1,554.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,097 shares of the real estate investment trust's stock after acquiring an additional 37,674 shares during the period. Tower Research Capital LLC TRC owned about 0.07% of Invesco Mortgage Capital worth $323,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. PL Capital Advisors LLC raised its position in shares of Invesco Mortgage Capital by 705.0% during the 4th quarter. PL Capital Advisors LLC now owns 3,220,000 shares of the real estate investment trust's stock worth $25,921,000 after purchasing an additional 2,820,000 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Invesco Mortgage Capital by 6.9% in the fourth quarter. Vanguard Group Inc. now owns 3,193,984 shares of the real estate investment trust's stock worth $25,712,000 after acquiring an additional 206,355 shares during the last quarter. Invesco Ltd. lifted its position in shares of Invesco Mortgage Capital by 2,346.8% in the fourth quarter. Invesco Ltd. now owns 2,324,820 shares of the real estate investment trust's stock valued at $18,715,000 after acquiring an additional 2,229,805 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Invesco Mortgage Capital by 10.4% in the fourth quarter. Geode Capital Management LLC now owns 1,351,663 shares of the real estate investment trust's stock valued at $10,882,000 after acquiring an additional 126,868 shares in the last quarter. Finally, Van ECK Associates Corp boosted 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 during the last quarter. Hedge funds and other institutional investors own 40.54% of the company's stock.

Wall Street Analysts Forecast Growth

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

Invesco Mortgage Capital Price Performance

IVR traded up $0.12 during trading on Wednesday, hitting $7.30. The company's stock had a trading volume of 120,581 shares, compared to its average volume of 1,428,075. Invesco Mortgage Capital Inc. has a twelve month low of $5.86 and a twelve month high of $9.97. The stock has a market cap of $476.17 million, a PE ratio of 11.22 and a beta of 1.67. The firm's 50 day moving average price is $7.67 and its 200-day moving average price is $8.10.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last released 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). Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. The business had revenue of $13.68 million during the quarter, compared to analyst estimates of $50.18 million. Equities 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 announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 7th were given a $0.34 dividend. The ex-dividend date of this dividend was Monday, April 7th. This represents a $1.36 annualized dividend and a dividend yield of 18.64%. Invesco Mortgage Capital's dividend payout ratio is presently 209.23%.

Invesco Mortgage Capital 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.