Barclays PLC Has $708,000 Holdings in Invesco Mortgage Capital Inc. (NYSE:IVR)

Barclays PLC lifted its stake in Invesco Mortgage Capital Inc. (NYSE:IVR) by 326.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,303 shares of the real estate investment trust’s stock after buying an additional 57,649 shares during the period. Barclays PLC’s holdings in Invesco Mortgage Capital were worth $708,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IVR. Headlands Technologies LLC acquired a new position in shares of Invesco Mortgage Capital in the 2nd quarter worth approximately $33,000. McIlrath & Eck LLC acquired a new stake in Invesco Mortgage Capital during the 3rd quarter valued at $62,000. Zacks Investment Management acquired a new stake in Invesco Mortgage Capital during the 3rd quarter valued at $94,000. Intech Investment Management LLC acquired a new stake in Invesco Mortgage Capital during the 3rd quarter valued at $121,000. Finally, Aigen Investment Management LP acquired a new stake in Invesco Mortgage Capital during the 3rd quarter valued at $134,000. 40.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a report on Monday, October 7th.

Invesco Mortgage Capital Price Performance

IVR stock opened at $7.92 on Thursday. The business has a fifty day moving average price of $8.24 and a 200 day moving average price of $8.63. Invesco Mortgage Capital Inc. has a fifty-two week low of $7.47 and a fifty-two week high of $9.97. The stock has a market capitalization of $480.98 million, a price-to-earnings ratio of 6.60 and a beta of 1.86.

Invesco Mortgage Capital (NYSE:IVR) last announced its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.11). The firm had revenue of $73.83 million during the quarter, compared to the consensus estimate of $12.38 million. Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. During the same quarter in the previous year, the business posted $1.51 earnings per share. On average, equities analysts expect that Invesco Mortgage Capital Inc. will post 3.06 earnings per share for the current fiscal year.

Invesco Mortgage Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Monday, December 30th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 20.20%. Invesco Mortgage Capital’s payout ratio is 133.33%.

Invesco Mortgage Capital Company 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.