UBS Asset Management Americas Inc. raised its position in INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) by 31.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 95,577 shares of the real estate investment trust’s stock after buying an additional 22,905 shares during the period. UBS Asset Management Americas Inc. owned 0.09% of INVESCO MORTGAGE CAPITAL INC worth $1,474,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. IndexIQ Advisors LLC boosted its position in INVESCO MORTGAGE CAPITAL INC by 12.5% in the first quarter. IndexIQ Advisors LLC now owns 120,650 shares of the real estate investment trust’s stock worth $1,860,000 after buying an additional 13,370 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of INVESCO MORTGAGE CAPITAL INC during the first quarter worth $396,000. Wells Fargo & Company MN raised its stake in shares of INVESCO MORTGAGE CAPITAL INC by 7.0% in the first quarter. Wells Fargo & Company MN now owns 367,186 shares of the real estate investment trust’s stock worth $5,662,000 after buying an additional 23,948 shares during the last quarter. KAMES CAPITAL plc raised its stake in shares of INVESCO MORTGAGE CAPITAL INC by 7.4% in the first quarter. KAMES CAPITAL plc now owns 454,492 shares of the real estate investment trust’s stock worth $7,004,000 after buying an additional 31,154 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in shares of INVESCO MORTGAGE CAPITAL INC by 5.4% in the first quarter. IFP Advisors Inc now owns 14,541 shares of the real estate investment trust’s stock worth $224,000 after buying an additional 749 shares during the last quarter. Institutional investors own 64.71% of the company’s stock.

INVESCO MORTGAGE CAPITAL INC (IVR) traded up 0.54% during trading on Monday, hitting $16.78. 455,247 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $16.75 and its 200 day moving average price is $15.85. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 4.41 and a beta of 0.81. INVESCO MORTGAGE CAPITAL INC has a 12-month low of $14.15 and a 12-month high of $17.34.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) last issued its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.38 by $0.02. INVESCO MORTGAGE CAPITAL INC had a return on equity of 9.18% and a net margin of 64.31%. The firm had revenue of $86.27 million during the quarter, compared to the consensus estimate of $80.90 million. During the same period last year, the company earned $0.45 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Equities analysts forecast that INVESCO MORTGAGE CAPITAL INC will post $1.59 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 26th. Investors of record on Tuesday, June 27th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 9.54%. The ex-dividend date was Friday, June 23rd. INVESCO MORTGAGE CAPITAL INC’s dividend payout ratio is presently 41.78%.

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Several equities research analysts recently commented on the stock. BidaskClub raised shares of INVESCO MORTGAGE CAPITAL INC from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 21st. Keefe, Bruyette & Woods raised shares of INVESCO MORTGAGE CAPITAL INC from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $16.25 to $18.00 in a report on Monday, July 17th. Wunderlich lifted their target price on shares of INVESCO MORTGAGE CAPITAL INC from $16.50 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, May 9th. Finally, Zacks Investment Research cut shares of INVESCO MORTGAGE CAPITAL INC from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $17.08.

In other INVESCO MORTGAGE CAPITAL INC news, insider John Anzalone acquired 2,000 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was purchased at an average price of $15.54 per share, for a total transaction of $31,080.00. Following the completion of the transaction, the insider now owns 62,107 shares of the company’s stock, valued at approximately $965,142.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.25% of the company’s stock.

About INVESCO MORTGAGE CAPITAL INC

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.

Institutional Ownership by Quarter for INVESCO MORTGAGE CAPITAL INC (NYSE:IVR)

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