Vanguard Group Inc. Acquires 206,355 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Vanguard Group Inc. lifted its position in Invesco Mortgage Capital Inc. (NYSE:IVR - Free Report) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,193,984 shares of the real estate investment trust's stock after acquiring an additional 206,355 shares during the period. Vanguard Group Inc. owned about 5.26% of Invesco Mortgage Capital worth $25,712,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. PL Capital Advisors LLC grew its position in 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 in the last quarter. Geode Capital Management LLC grew its holdings in shares of Invesco Mortgage Capital by 7.0% during the third quarter. Geode Capital Management LLC now owns 1,224,795 shares of the real estate investment trust's stock valued at $11,504,000 after buying an additional 80,051 shares in the last quarter. State Street Corp raised its position in Invesco Mortgage Capital by 1.3% during the third quarter. State Street Corp now owns 1,013,514 shares of the real estate investment trust's stock valued at $9,517,000 after buying an additional 12,557 shares during the period. Van ECK Associates Corp lifted its stake in 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Invesco Mortgage Capital by 10.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 473,677 shares of the real estate investment trust's stock worth $3,813,000 after acquiring an additional 46,381 shares during the period. Institutional investors and hedge funds own 40.54% of the company's stock.

Invesco Mortgage Capital Price Performance

IVR traded up $0.23 during trading on Friday, reaching $6.68. 1,301,048 shares of the stock traded hands, compared to its average volume of 1,413,403. The stock's 50-day simple moving average is $8.06 and its two-hundred day simple moving average is $8.23. Invesco Mortgage Capital Inc. has a fifty-two week low of $5.86 and a fifty-two week high of $9.97. The stock has a market cap of $435.70 million, a price-to-earnings ratio of 10.27 and a beta of 1.43.

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

Invesco Mortgage Capital Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Monday, April 7th will be given a dividend of $0.34 per share. The ex-dividend date is Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a yield of 20.37%. Invesco Mortgage Capital's payout ratio is currently 209.23%.

Analysts Set New Price Targets

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

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.