IndexIQ Advisors LLC Decreases Holdings in Invesco Mortgage Capital Inc (NYSE:IVR)

IndexIQ Advisors LLC trimmed its position in shares of Invesco Mortgage Capital Inc (NYSE:IVR) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,964 shares of the real estate investment trust’s stock after selling 7,324 shares during the period. IndexIQ Advisors LLC owned about 0.05% of Invesco Mortgage Capital worth $1,298,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVR. BlackRock Inc. increased its stake in Invesco Mortgage Capital by 4.9% in the 2nd quarter. BlackRock Inc. now owns 24,295,690 shares of the real estate investment trust’s stock worth $391,645,000 after purchasing an additional 1,135,345 shares during the period. CIBC Private Wealth Group LLC purchased a new position in Invesco Mortgage Capital in the 3rd quarter worth approximately $226,000. Nisa Investment Advisors LLC increased its stake in Invesco Mortgage Capital by 21.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 76,678 shares of the real estate investment trust’s stock worth $1,174,000 after purchasing an additional 13,523 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Invesco Mortgage Capital by 13.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,934 shares of the real estate investment trust’s stock worth $137,000 after purchasing an additional 1,072 shares during the period. Finally, Strs Ohio increased its stake in Invesco Mortgage Capital by 13.7% in the 3rd quarter. Strs Ohio now owns 38,900 shares of the real estate investment trust’s stock worth $595,000 after purchasing an additional 4,700 shares during the period. 68.19% of the stock is currently owned by institutional investors.

Shares of Invesco Mortgage Capital stock opened at $17.85 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.01 and a quick ratio of 0.01. The business’s 50 day simple moving average is $17.21 and its two-hundred day simple moving average is $16.20. The stock has a market capitalization of $2.56 billion, a P/E ratio of 127.51 and a beta of 0.75. Invesco Mortgage Capital Inc has a one year low of $14.81 and a one year high of $17.88.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 28th. Shareholders of record on Friday, December 27th were paid a $0.50 dividend. This is a boost from Invesco Mortgage Capital’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a yield of 11.20%. The ex-dividend date was Thursday, December 26th. Invesco Mortgage Capital’s payout ratio is 115.61%.

Separately, TheStreet raised Invesco Mortgage Capital from a “d+” rating to a “c” rating in a research note on Friday, November 8th.

About Invesco Mortgage Capital

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities, and other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.

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Institutional Ownership by Quarter for Invesco Mortgage Capital (NYSE:IVR)

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