Global X Management Co. LLC increased its position in shares of INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 582,376 shares of the real estate investment trust’s stock after buying an additional 26,541 shares during the period. Global X Management Co. LLC’s holdings in INVESCO MORTGAGE CAPITAL INC were worth $9,732,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. bought a new stake in INVESCO MORTGAGE CAPITAL INC during the first quarter worth about $150,000. First Financial Equity Corporation bought a new stake in INVESCO MORTGAGE CAPITAL INC during the first quarter worth about $168,000. Raymond James Financial Services Advisors Inc. increased its stake in INVESCO MORTGAGE CAPITAL INC by 8.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 12,570 shares of the real estate investment trust’s stock worth $194,000 after buying an additional 1,016 shares during the period. PNC Financial Services Group Inc. increased its stake in INVESCO MORTGAGE CAPITAL INC by 203.6% in the first quarter. PNC Financial Services Group Inc. now owns 13,420 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 9,000 shares during the period. Finally, IFP Advisors Inc increased its stake in INVESCO MORTGAGE CAPITAL INC by 5.4% in the first quarter. IFP Advisors Inc now owns 14,541 shares of the real estate investment trust’s stock worth $224,000 after buying an additional 749 shares during the period. 64.71% of the stock is currently owned by institutional investors and hedge funds.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) opened at 17.09 on Thursday. The firm has a market cap of $1.91 billion, a PE ratio of 4.49 and a beta of 0.81. INVESCO MORTGAGE CAPITAL INC has a 12-month low of $14.15 and a 12-month high of $17.34. The firm’s 50-day moving average is $16.72 and its 200 day moving average is $15.92.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) last posted its quarterly earnings data on Monday, August 7th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The company had revenue of $82.94 million for the quarter, compared to analyst estimates of $84.50 million. INVESCO MORTGAGE CAPITAL INC had a net margin of 71.92% and a return on equity of 8.97%. During the same quarter last year, the firm posted $0.42 earnings per share. Equities research analysts predict that INVESCO MORTGAGE CAPITAL INC will post $1.60 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 26th. Stockholders of record on Tuesday, June 27th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, June 23rd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.36%. INVESCO MORTGAGE CAPITAL INC’s dividend payout ratio is currently 36.87%.

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A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $18.25 price target on shares of INVESCO MORTGAGE CAPITAL INC in a research note on Thursday. BidaskClub raised shares of INVESCO MORTGAGE CAPITAL INC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 13th. Wunderlich boosted their price target on shares of INVESCO MORTGAGE CAPITAL INC from $16.50 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, May 9th. Finally, Zacks Investment Research downgraded shares of INVESCO MORTGAGE CAPITAL INC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $17.55.

About INVESCO MORTGAGE CAPITAL INC

Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.

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Institutional Ownership by Quarter for INVESCO MORTGAGE CAPITAL INC (NYSE:IVR)

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