UBS Group AG Raises Holdings in Invesco Mortgage Capital Inc $IVR

UBS Group AG grew its position in shares of Invesco Mortgage Capital Inc (NYSE:IVR) by 68.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,094,468 shares of the real estate investment trust’s stock after buying an additional 446,017 shares during the period. UBS Group AG’s holdings in Invesco Mortgage Capital were worth $9,204,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IVR. Jones Financial Companies Lllp lifted its position in shares of Invesco Mortgage Capital by 4,329.2% during the 1st quarter. Jones Financial Companies Lllp now owns 17,008 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 16,624 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Invesco Mortgage Capital by 9.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 368,466 shares of the real estate investment trust’s stock valued at $2,907,000 after buying an additional 31,410 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Invesco Mortgage Capital during the 1st quarter valued at $144,000. Strs Ohio purchased a new position in shares of Invesco Mortgage Capital during the 1st quarter valued at $82,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Invesco Mortgage Capital by 63.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 22,097 shares of the real estate investment trust’s stock valued at $173,000 after buying an additional 8,553 shares during the last quarter. Hedge funds and other institutional investors own 40.54% of the company’s stock.

Invesco Mortgage Capital Trading Down 1.1%

Invesco Mortgage Capital stock opened at $8.00 on Friday. Invesco Mortgage Capital Inc has a 1-year low of $7.10 and a 1-year high of $9.50. The firm has a market capitalization of $742.10 million, a PE ratio of 10.80 and a beta of 1.64. The firm’s 50 day simple moving average is $8.14 and its 200 day simple moving average is $8.29.

Invesco Mortgage Capital (NYSE:IVR) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.55 EPS for the quarter, meeting the consensus estimate of $0.55. Invesco Mortgage Capital had a net margin of 20.50% and a return on equity of 28.12%. The firm had revenue of ($15.01) million during the quarter, compared to the consensus estimate of $39.80 million. Research analysts forecast that Invesco Mortgage Capital Inc will post 2.25 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 Friday, June 12th. Shareholders of record on Tuesday, May 26th will be issued a $0.12 dividend. This represents a c) annualized dividend and a yield of 18.0%. The ex-dividend date of this dividend is Tuesday, May 26th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is presently 194.59%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on IVR. Wall Street Zen raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research cut Invesco Mortgage Capital from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Finally, Weiss Ratings cut Invesco Mortgage Capital from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $8.25.

Invesco Mortgage Capital Profile

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.