Charles Schwab Investment Management Inc. Purchases 15,503 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Charles Schwab Investment Management Inc. raised its stake in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) by 3.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 427,296 shares of the real estate investment trust’s stock after buying an additional 15,503 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Invesco Mortgage Capital were worth $4,012,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IVR. California State Teachers Retirement System raised its stake in Invesco Mortgage Capital by 2.9% during the first quarter. California State Teachers Retirement System now owns 48,476 shares of the real estate investment trust’s stock valued at $469,000 after buying an additional 1,362 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Invesco Mortgage Capital by 20.8% during the second quarter. Bank of New York Mellon Corp now owns 168,212 shares of the real estate investment trust’s stock valued at $1,576,000 after buying an additional 28,970 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Invesco Mortgage Capital by 36.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,162 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 2,955 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Invesco Mortgage Capital in the second quarter worth $26,000. Finally, Van ECK Associates Corp purchased a new position in shares of Invesco Mortgage Capital in the second quarter worth $4,302,000. Hedge funds and other institutional investors own 40.54% of the company’s stock.

Analyst Upgrades and Downgrades

IVR has been the subject of several recent analyst reports. JMP Securities restated a “market perform” rating on shares of Invesco Mortgage Capital in a research note on Wednesday, August 28th. StockNews.com upgraded Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th.

Invesco Mortgage Capital Stock Performance

NYSE:IVR opened at $8.48 on Friday. The stock has a 50-day simple moving average of $8.37 and a two-hundred day simple moving average of $8.81. Invesco Mortgage Capital Inc. has a 52-week low of $7.60 and a 52-week high of $9.97. The firm has a market capitalization of $514.99 million, a PE ratio of 7.07 and a beta of 1.89.

Invesco Mortgage Capital (NYSE:IVR) last released its quarterly earnings results on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.11). Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. The company had revenue of $73.83 million for the quarter, compared to the consensus estimate of $12.38 million. During the same period in the prior year, the firm posted $1.51 EPS. Equities analysts forecast that Invesco Mortgage Capital Inc. will post 3.06 earnings per share for the current fiscal year.

Invesco Mortgage Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 7th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 18.87%. The ex-dividend date was Monday, October 7th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is 133.33%.

About Invesco Mortgage Capital

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.