Two Sigma Securities LLC Acquires Shares of 81,219 Invesco Mortgage Capital Inc $IVR

Two Sigma Securities LLC bought a new position in Invesco Mortgage Capital Inc (NYSE:IVR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 81,219 shares of the real estate investment trust’s stock, valued at approximately $642,000. Two Sigma Securities LLC owned approximately 0.08% of Invesco Mortgage Capital as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVR. BlackRock Inc. bought a new stake in shares of Invesco Mortgage Capital during the 2nd quarter valued at $69,562,000. Vanguard Group Inc. boosted its stake in Invesco Mortgage Capital by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 3,727,534 shares of the real estate investment trust’s stock valued at $28,180,000 after purchasing an additional 50,548 shares during the last quarter. Invesco Ltd. boosted its position in shares of Invesco Mortgage Capital by 8.5% during the fourth quarter. Invesco Ltd. now owns 2,555,890 shares of the real estate investment trust’s stock valued at $21,495,000 after buying an additional 199,259 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Invesco Mortgage Capital by 6.3% during the 4th quarter. Geode Capital Management LLC now owns 1,708,181 shares of the real estate investment trust’s stock valued at $14,369,000 after acquiring an additional 101,303 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Invesco Mortgage Capital by 7.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,544,194 shares of the real estate investment trust’s stock worth $11,674,000 after purchasing an additional 113,608 shares during the last quarter. Hedge funds and other institutional investors own 40.54% of the company’s stock.

Invesco Mortgage Capital Stock Down 1.4%

IVR opened at $7.21 on Wednesday. The company has a market capitalization of $776.08 million, a PE ratio of 4.87 and a beta of 1.62. The firm has a 50-day simple moving average of $7.65 and a two-hundred day simple moving average of $7.97. Invesco Mortgage Capital Inc has a 52 week low of $7.10 and a 52 week high of $9.50.

Invesco Mortgage Capital (NYSE:IVR) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The firm had revenue of $30.10 million for the quarter, compared to analysts’ expectations of $46.48 million. Invesco Mortgage Capital had a return on equity of 26.48% and a net margin of 38.01%. As a group, sell-side analysts expect that Invesco Mortgage Capital Inc will post 1.97 earnings per share for the current year.

Invesco Mortgage Capital Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, August 25th will be issued a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 20.0%. The ex-dividend date is Tuesday, August 25th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 97.30%.

Analyst Ratings Changes

Several brokerages have issued reports on IVR. UBS Group set a $7.75 target price on Invesco Mortgage Capital and gave the stock a “neutral” rating in a research report on Wednesday, August 19th. Weiss Ratings raised shares of Invesco Mortgage Capital from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Wall Street Zen downgraded Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Zacks Research downgraded Invesco Mortgage Capital from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 26th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $8.38.

About Invesco Mortgage Capital

Invesco Mortgage Capital Inc (NYSE: IVR) is a real estate investment trust that specializes in investing in U.S. residential mortgage-backed securities. The company’s portfolio is weighted toward agency-guaranteed RMBS issued or guaranteed by U.S. government-sponsored enterprises such as Fannie Mae, Freddie Mac and Ginnie Mae. By focusing on collateral backed by federal agencies, Invesco Mortgage Capital seeks to generate attractive returns while managing credit risk through securities that carry explicit or implicit government guarantees.

To enhance its portfolio yield, the company employs leverage through repurchase agreements, warehouse facilities and debt financing.