17,282 Shares in Invesco Mortgage Capital Inc. (NYSE:IVR) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC bought a new position in Invesco Mortgage Capital Inc. (NYSE:IVR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 17,282 shares of the real estate investment trust’s stock, valued at approximately $139,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in Invesco Mortgage Capital by 7.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,224,795 shares of the real estate investment trust’s stock worth $11,504,000 after purchasing an additional 80,051 shares during the period. Barclays PLC lifted its holdings in shares of Invesco Mortgage Capital by 326.5% in the third quarter. Barclays PLC now owns 75,303 shares of the real estate investment trust’s stock valued at $708,000 after purchasing an additional 57,649 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Invesco Mortgage Capital by 134.7% in the third quarter. JPMorgan Chase & Co. now owns 141,974 shares of the real estate investment trust’s stock worth $1,333,000 after buying an additional 81,477 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Invesco Mortgage Capital by 1.9% during the fourth quarter. Bank of New York Mellon Corp now owns 132,654 shares of the real estate investment trust’s stock valued at $1,068,000 after buying an additional 2,472 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Invesco Mortgage Capital by 1.8% during the fourth quarter. Rhumbline Advisers now owns 84,603 shares of the real estate investment trust’s stock valued at $681,000 after buying an additional 1,513 shares during the period. 40.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, JMP Securities restated a “market perform” rating on shares of Invesco Mortgage Capital in a research report on Thursday, January 23rd.

Invesco Mortgage Capital Stock Down 0.2 %

IVR stock opened at $8.02 on Thursday. The company has a 50 day moving average of $8.54 and a two-hundred day moving average of $8.46. Invesco Mortgage Capital Inc. has a 12-month low of $7.48 and a 12-month high of $9.97. The company has a market cap of $523.49 million, a price-to-earnings ratio of 12.34 and a beta of 1.93.

Invesco Mortgage Capital (NYSE:IVR) last announced its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.21). Invesco Mortgage Capital had a return on equity of 34.61% and a net margin of 20.90%. The firm had revenue of $13.68 million for the quarter, compared to analysts’ expectations of $50.18 million. On average, research analysts anticipate that Invesco Mortgage Capital Inc. will post 2.49 EPS for the current year.

Invesco Mortgage Capital Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 7th will be paid a $0.34 dividend. The ex-dividend date of this dividend is Monday, April 7th. This represents a $1.36 annualized dividend and a dividend yield of 16.96%. Invesco Mortgage Capital’s payout ratio is 209.23%.

Invesco Mortgage Capital Profile

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.