Koch Industries Inc. Takes Position in INVESCO MORTGAGE CAPITAL INC (IVR)

Koch Industries Inc. acquired a new stake in INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 302,168 shares of the real estate investment trust’s stock, valued at approximately $285,000. Koch Industries Inc. owned approximately 0.27% of INVESCO MORTGAGE CAPITAL INC as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in IVR. BlackRock Inc. lifted its position in shares of INVESCO MORTGAGE CAPITAL INC by 32,968.8% in the first quarter. BlackRock Inc. now owns 10,802,925 shares of the real estate investment trust’s stock valued at $166,582,000 after acquiring an additional 10,770,257 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of INVESCO MORTGAGE CAPITAL INC by 348.1% in the second quarter. Ameriprise Financial Inc. now owns 1,131,111 shares of the real estate investment trust’s stock valued at $18,902,000 after acquiring an additional 878,680 shares in the last quarter. Nuveen Asset Management LLC lifted its position in shares of INVESCO MORTGAGE CAPITAL INC by 72.6% in the first quarter. Nuveen Asset Management LLC now owns 1,828,167 shares of the real estate investment trust’s stock worth $28,190,000 after buying an additional 768,763 shares in the last quarter. FMR LLC lifted its position in shares of INVESCO MORTGAGE CAPITAL INC by 71.3% in the second quarter. FMR LLC now owns 1,712,523 shares of the real estate investment trust’s stock worth $28,616,000 after buying an additional 712,600 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of INVESCO MORTGAGE CAPITAL INC by 265.8% in the second quarter. JPMorgan Chase & Co. now owns 977,784 shares of the real estate investment trust’s stock worth $16,338,000 after buying an additional 710,520 shares in the last quarter. Institutional investors and hedge funds own 63.01% of the company’s stock.

Shares of INVESCO MORTGAGE CAPITAL INC (NYSE IVR) traded up 1.10% on Friday, reaching $17.54. The company had a trading volume of 892,641 shares. The company’s 50 day moving average price is $17.25 and its 200-day moving average price is $16.69. The stock has a market capitalization of $1.96 billion, a P/E ratio of 4.18 and a beta of 0.81. INVESCO MORTGAGE CAPITAL INC has a 1-year low of $14.15 and a 1-year high of $18.02.

INVESCO MORTGAGE CAPITAL INC (NYSE:IVR) last announced its quarterly earnings data on Monday, August 7th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The company had revenue of $82.94 million during the quarter, compared to analyst estimates of $84.50 million. INVESCO MORTGAGE CAPITAL INC had a net margin of 71.92% and a return on equity of 8.97%. During the same period last year, the business earned $0.42 EPS. Equities analysts predict that INVESCO MORTGAGE CAPITAL INC will post $1.62 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 26th. Stockholders of record on Wednesday, September 27th were given a $0.41 dividend. This is an increase from INVESCO MORTGAGE CAPITAL INC’s previous quarterly dividend of $0.40. This represents a $1.64 dividend on an annualized basis and a dividend yield of 9.35%. The ex-dividend date was Tuesday, September 26th. INVESCO MORTGAGE CAPITAL INC’s dividend payout ratio (DPR) is presently 37.79%.

A number of equities research analysts recently commented on IVR shares. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $18.25 target price on shares of INVESCO MORTGAGE CAPITAL INC in a research report on Thursday, August 10th. BidaskClub downgraded INVESCO MORTGAGE CAPITAL INC from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Finally, Zacks Investment Research cut INVESCO MORTGAGE CAPITAL INC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $17.75.

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INVESCO MORTGAGE CAPITAL INC Profile

Invesco Mortgage Capital Inc is a holding company, which conducts its businesses through IAS Operating Partnership LP (the Operating Partnership) and subsidiaries. The Company’s objective is to provide risk-adjusted returns to its investors through dividends and through capital appreciation. It invests in residential mortgage-backed securities that are guaranteed by the United States Government agency, such as the Government National Mortgage Association or a federally chartered corporation, such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation (collectively Agency RMBS); RMBS that are not guaranteed by the United States Government agency; Credit risk transfer securities that are unsecured obligations issued by government-sponsored enterprises; commercial mortgage-backed securities; residential and commercial mortgage loans, and other real estate-related financing arrangements.

Institutional Ownership by Quarter for INVESCO MORTGAGE CAPITAL INC (NYSE:IVR)

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