Teachers Advisors LLC Boosts Position in INVESCO MORTGAGE CAPITAL INC (IVR)

Teachers Advisors LLC Boosts Position in INVESCO MORTGAGE CAPITAL INC (IVR)

Teachers Advisors LLC boosted its position in shares of INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) by 1.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 184,939 shares of the real estate investment trust’s stock after buying an additional 2,014 shares during the period. Teachers Advisors LLC owned approximately 0.17% of INVESCO MORTGAGE CAPITAL INC worth $2,817,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MSI Financial Services Inc increased its stake in shares of INVESCO MORTGAGE CAPITAL INC by 29.7% in the third quarter. MSI Financial Services Inc now owns 6,550 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 1,501 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of INVESCO MORTGAGE CAPITAL INC by 5.3% in the second quarter. Public Employees Retirement System of Ohio now owns 9,843 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 493 shares in the last quarter. Raymond James & Associates bought a new stake in shares of INVESCO MORTGAGE CAPITAL INC during the second quarter worth about $151,000. US Bancorp DE increased its stake in shares of INVESCO MORTGAGE CAPITAL INC by 7.9% in the second quarter. US Bancorp DE now owns 11,277 shares of the real estate investment trust’s stock worth $155,000 after buying an additional 821 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of INVESCO MORTGAGE CAPITAL INC during the second quarter worth about $158,000. Hedge funds and other institutional investors own 63.49% of the company’s stock.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) traded up 0.07% during mid-day trading on Friday, hitting $14.82. The stock had a trading volume of 568,351 shares. The company has a market cap of $1.65 billion, a PE ratio of 28.72 and a beta of 0.81. The firm’s 50-day moving average price is $14.89 and its 200 day moving average price is $14.97. INVESCO MORTGAGE CAPITAL INC has a one year low of $9.74 and a one year high of $16.28.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) last issued its quarterly earnings results on Thursday, November 3rd. The real estate investment trust reported $0.41 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. INVESCO MORTGAGE CAPITAL INC had a return on equity of 9.82% and a net margin of 13.63%. During the same quarter in the previous year, the business earned $0.40 earnings per share. On average, equities research analysts anticipate that INVESCO MORTGAGE CAPITAL INC will post $1.67 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, January 26th. Investors of record on Tuesday, December 27th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 10.80%. The ex-dividend date of this dividend was Thursday, December 22nd. INVESCO MORTGAGE CAPITAL INC’s payout ratio is 432.44%.

A number of analysts recently issued reports on IVR shares. Zacks Investment Research downgraded INVESCO MORTGAGE CAPITAL INC from a “hold” rating to a “sell” rating in a research report on Wednesday, October 12th. Nomura restated a “buy” rating and issued a $17.00 price target on shares of INVESCO MORTGAGE CAPITAL INC in a research report on Tuesday, November 8th. Finally, Keefe, Bruyette & Woods downgraded INVESCO MORTGAGE CAPITAL INC from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $16.25 to $15.50 in a research report on Tuesday, December 13th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.00.

In other news, insider John Anzalone purchased 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 14th. The stock was purchased at an average cost of $15.07 per share, for a total transaction of $45,210.00. Following the completion of the transaction, the insider now owns 60,107 shares of the company’s stock, valued at $905,812.49. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.27% of the stock is currently owned by insiders.

INVESCO MORTGAGE CAPITAL INC Company Profile

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