UBS Asset Management Americas Inc. trimmed its holdings in shares of INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) by 16.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 79,418 shares of the real estate investment trust’s stock after selling 16,159 shares during the period. UBS Asset Management Americas Inc. owned 0.07% of INVESCO MORTGAGE CAPITAL INC worth $1,327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in IVR. BlackRock Inc. lifted its holdings in INVESCO MORTGAGE CAPITAL INC by 32,968.8% during the 1st quarter. BlackRock Inc. now owns 10,802,925 shares of the real estate investment trust’s stock worth $166,582,000 after buying an additional 10,770,257 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in INVESCO MORTGAGE CAPITAL INC by 348.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,131,111 shares of the real estate investment trust’s stock worth $18,902,000 after buying an additional 878,680 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in INVESCO MORTGAGE CAPITAL INC by 72.6% during the 1st quarter. Nuveen Asset Management LLC now owns 1,828,167 shares of the real estate investment trust’s stock worth $28,190,000 after buying an additional 768,763 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in INVESCO MORTGAGE CAPITAL INC by 265.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 977,784 shares of the real estate investment trust’s stock worth $16,338,000 after buying an additional 710,520 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in INVESCO MORTGAGE CAPITAL INC 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 during the last quarter. 63.37% of the stock is owned by institutional investors.

Shares of INVESCO MORTGAGE CAPITAL INC (IVR) opened at 17.94 on Friday. The stock has a market capitalization of $2.00 billion, a P/E ratio of 4.28 and a beta of 0.81. The stock has a 50 day moving average price of $17.19 and a 200 day moving average price of $16.63. INVESCO MORTGAGE CAPITAL INC has a 12-month low of $14.15 and a 12-month high of $18.02.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) last posted its quarterly earnings results on Monday, August 7th. The real estate investment trust reported $0.41 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.01. The business had revenue of $82.94 million during the quarter, compared to the consensus estimate of $84.50 million. INVESCO MORTGAGE CAPITAL INC had a return on equity of 8.97% and a net margin of 71.92%. During the same period last year, the firm earned $0.42 earnings per share. On average, equities analysts anticipate that INVESCO MORTGAGE CAPITAL INC will post $1.62 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 26th. Investors of record on Wednesday, September 27th will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 9.14%. This is an increase from INVESCO MORTGAGE CAPITAL INC’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Tuesday, September 26th. INVESCO MORTGAGE CAPITAL INC’s dividend payout ratio (DPR) is 37.79%.

A number of analysts have issued reports on the company. BidaskClub raised INVESCO MORTGAGE CAPITAL INC from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $18.25 target price on shares of INVESCO MORTGAGE CAPITAL INC in a report on Thursday, August 10th. Finally, Zacks Investment Research downgraded 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, two have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $17.75.

ILLEGAL ACTIVITY WARNING: This news story was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://www.thecerbatgem.com/2017/10/21/invesco-mortgage-capital-inc-ivr-holdings-cut-by-ubs-asset-management-americas-inc.html.

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)

Receive News & Stock Ratings for INVESCO MORTGAGE CAPITAL INC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for INVESCO MORTGAGE CAPITAL INC and related stocks with our FREE daily email newsletter.