Invesco Mortgage Capital Inc. (NYSE:IVR) Shares Sold by GSA Capital Partners LLP

GSA Capital Partners LLP cut its stake in Invesco Mortgage Capital Inc. (NYSE:IVR) by 92.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,334 shares of the real estate investment trust’s stock after selling 243,308 shares during the period. GSA Capital Partners LLP’s holdings in Invesco Mortgage Capital were worth $191,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of IVR. Vanguard Group Inc. grew its position in Invesco Mortgage Capital by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 2,492,244 shares of the real estate investment trust’s stock worth $24,125,000 after purchasing an additional 96,117 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Invesco Mortgage Capital by 2.9% during the second quarter. Renaissance Technologies LLC now owns 841,852 shares of the real estate investment trust’s stock worth $7,888,000 after purchasing an additional 23,900 shares during the period. Van ECK Associates Corp lifted its stake in shares of Invesco Mortgage Capital by 7.0% in the 3rd quarter. Van ECK Associates Corp now owns 491,433 shares of the real estate investment trust’s stock valued at $4,615,000 after purchasing an additional 32,359 shares during the last quarter. PL Capital Advisors LLC boosted its holdings in Invesco Mortgage Capital by 100.0% during the third quarter. PL Capital Advisors LLC now owns 400,000 shares of the real estate investment trust’s stock valued at $3,756,000 after acquiring an additional 200,000 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Invesco Mortgage Capital by 20.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 168,212 shares of the real estate investment trust’s stock worth $1,576,000 after purchasing an additional 28,970 shares during the period. Institutional investors and hedge funds own 40.54% of the company’s stock.

Wall Street Analysts Forecast Growth

IVR has been the subject of a number of analyst reports. JMP Securities reissued a “market perform” rating on shares of Invesco Mortgage Capital in a report on Wednesday, August 28th. StockNews.com upgraded shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a report on Monday, October 7th.

Invesco Mortgage Capital Stock Performance

Shares of IVR stock opened at $8.20 on Monday. Invesco Mortgage Capital Inc. has a fifty-two week low of $7.60 and a fifty-two week high of $9.97. The company has a market cap of $497.99 million, a PE ratio of 6.83 and a beta of 1.90. The stock’s fifty day moving average price is $8.59 and its two-hundred day moving average price is $8.90.

Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.11). Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. The company had revenue of $73.83 million during the quarter, compared to analyst estimates of $12.38 million. During the same period in the previous year, the company posted $1.51 EPS. On average, equities analysts predict that Invesco Mortgage Capital Inc. will post 3.06 EPS for the current fiscal year.

Invesco Mortgage Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 19.51%. The ex-dividend date of this dividend was Monday, October 7th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is presently 133.33%.

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.