Invesco Mortgage Capital Inc (NYSE:IVR) EVP David B. Lyle acquired 2,000 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were bought at an average cost of $16.97 per share, for a total transaction of $33,940.00. Following the completion of the acquisition, the executive vice president now directly owns 17,268 shares of the company’s stock, valued at approximately $293,037.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Invesco Mortgage Capital Inc (IVR) traded down $0.23 on Monday, hitting $16.71. The stock had a trading volume of 653,800 shares, compared to its average volume of 836,888. The firm has a market cap of $1,865.11, a P/E ratio of 10.38 and a beta of 0.87. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 0.86. Invesco Mortgage Capital Inc has a fifty-two week low of $14.15 and a fifty-two week high of $18.02.

Invesco Mortgage Capital (NYSE:IVR) last announced its earnings results on Monday, November 6th. The real estate investment trust reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. The business had revenue of $68.20 million for the quarter, compared to the consensus estimate of $68.85 million. Invesco Mortgage Capital had a return on equity of 9.06% and a net margin of 66.86%. Invesco Mortgage Capital’s revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 EPS.

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 26th. Stockholders of record on Wednesday, September 27th were issued a $0.41 dividend. This is an increase from Invesco Mortgage Capital’s previous quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a dividend yield of 9.81%. The ex-dividend date was Tuesday, September 26th. Invesco Mortgage Capital’s payout ratio is presently 44.09%.

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Institutional investors and hedge funds have recently made changes to their positions in the company. IndexIQ Advisors LLC lifted its holdings in Invesco Mortgage Capital by 11.7% during the 2nd quarter. IndexIQ Advisors LLC now owns 134,778 shares of the real estate investment trust’s stock worth $2,252,000 after buying an additional 14,128 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Invesco Mortgage Capital by 203.6% during the 1st 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 in the last quarter. Voya Investment Management LLC lifted its holdings in Invesco Mortgage Capital by 16.1% during the 2nd quarter. Voya Investment Management LLC now owns 51,280 shares of the real estate investment trust’s stock worth $857,000 after buying an additional 7,101 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Invesco Mortgage Capital by 6.6% during the 1st quarter. Vanguard Group Inc. now owns 9,061,724 shares of the real estate investment trust’s stock worth $139,731,000 after buying an additional 559,928 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in Invesco Mortgage Capital by 17.1% during the 2nd quarter. Prudential Financial Inc. now owns 2,214,641 shares of the real estate investment trust’s stock worth $37,007,000 after buying an additional 323,130 shares in the last quarter. 63.55% of the stock is currently owned by institutional investors and hedge funds.

IVR has been the topic of several recent analyst reports. BidaskClub downgraded Invesco Mortgage Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, July 28th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $18.25 target price on shares of Invesco Mortgage Capital in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Invesco Mortgage Capital has an average rating of “Buy” and an average target price of $18.13.

About Invesco Mortgage Capital

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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