First Trust Advisors LP purchased a new position in shares of Invesco Mortgage Capital Inc (NYSE:IVR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 173,792 shares of the real estate investment trust’s stock, valued at approximately $2,517,000. First Trust Advisors LP owned 0.16% of Invesco Mortgage Capital as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently bought and sold shares of IVR. Oregon Public Employees Retirement Fund acquired a new stake in shares of Invesco Mortgage Capital during the fourth quarter worth approximately $42,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Invesco Mortgage Capital by 32.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,970 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 1,692 shares in the last quarter. Bank of Montreal Can raised its position in Invesco Mortgage Capital by 93.7% during the fourth quarter. Bank of Montreal Can now owns 9,648 shares of the real estate investment trust’s stock valued at $140,000 after acquiring an additional 4,668 shares in the last quarter. Telemus Capital LLC bought a new position in Invesco Mortgage Capital during the fourth quarter valued at approximately $145,000. Finally, Neuberger Berman Group LLC raised its position in Invesco Mortgage Capital by 32.1% during the third quarter. Neuberger Berman Group LLC now owns 14,464 shares of the real estate investment trust’s stock valued at $229,000 after acquiring an additional 3,518 shares in the last quarter. Institutional investors and hedge funds own 58.52% of the company’s stock.
Separately, Barclays reaffirmed a “hold” rating and set a $15.00 price objective on shares of Invesco Mortgage Capital in a research report on Sunday, February 24th.
Shares of IVR opened at $16.10 on Friday. The company has a market cap of $2.06 billion, a P/E ratio of 9.24 and a beta of 0.72. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.01 and a current ratio of 0.01. Invesco Mortgage Capital Inc has a twelve month low of $13.67 and a twelve month high of $16.66.
Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings data on Wednesday, February 20th. The real estate investment trust reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.05. The firm had revenue of $143.89 million for the quarter, compared to analyst estimates of $63.80 million. Invesco Mortgage Capital had a negative net margin of 9.79% and a positive return on equity of 11.98%. During the same quarter last year, the firm earned $0.47 earnings per share.
Invesco Mortgage Capital Company Profile
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 mortgage loans. It invests in residential mortgage-backed securities (RMBS) that are guaranteed by the U.S. government agency or a federally chartered corporation; RMBS that are not issued or guaranteed by the U.S.
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