Penserra Capital Management LLC Acquires 19,995 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Penserra Capital Management LLC grew its stake in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by 23.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,948 shares of the real estate investment trust’s stock after purchasing an additional 19,995 shares during the quarter. Penserra Capital Management LLC owned approximately 0.18% of Invesco Mortgage Capital worth $1,004,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its position in Invesco Mortgage Capital by 8.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,856 shares of the real estate investment trust’s stock valued at $167,000 after buying an additional 1,360 shares during the period. California State Teachers Retirement System boosted its holdings in shares of Invesco Mortgage Capital by 2.9% in the first quarter. California State Teachers Retirement System now owns 48,476 shares of the real estate investment trust’s stock valued at $469,000 after purchasing an additional 1,362 shares during the period. American International Group Inc. grew its stake in Invesco Mortgage Capital by 7.8% in the first quarter. American International Group Inc. now owns 24,098 shares of the real estate investment trust’s stock worth $233,000 after purchasing an additional 1,740 shares in the last quarter. PFG Investments LLC increased its holdings in Invesco Mortgage Capital by 6.2% during the 2nd quarter. PFG Investments LLC now owns 32,172 shares of the real estate investment trust’s stock worth $301,000 after purchasing an additional 1,874 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in Invesco Mortgage Capital by 5.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 42,541 shares of the real estate investment trust’s stock worth $412,000 after purchasing an additional 2,236 shares during the period. 40.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on IVR. JMP Securities reissued a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Wednesday, August 28th. StockNews.com raised shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th.

Invesco Mortgage Capital Trading Up 0.8 %

Shares of NYSE IVR opened at $8.35 on Thursday. Invesco Mortgage Capital Inc. has a 12-month low of $7.60 and a 12-month high of $9.97. The stock’s fifty day simple moving average is $8.55 and its two-hundred day simple moving average is $8.88. The stock has a market capitalization of $506.79 million, a PE ratio of 6.90 and a beta of 1.90.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.11). Invesco Mortgage Capital had a return on equity of 36.90% and a net margin of 30.67%. The business had revenue of $73.83 million for the quarter, compared to analyst estimates of $12.38 million. During the same period in the previous year, the company posted $1.51 earnings per share. On average, equities analysts predict that Invesco Mortgage Capital Inc. will post 3.06 earnings per share for the current fiscal year.

Invesco Mortgage Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 7th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, October 7th. This represents a $1.60 annualized dividend and a dividend yield of 19.17%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 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.