Virtu Financial LLC Takes $273,000 Position in Invesco Mortgage Capital Inc. (NYSE:IVR)

Virtu Financial LLC bought a new stake in Invesco Mortgage Capital Inc. (NYSE:IVR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 33,906 shares of the real estate investment trust’s stock, valued at approximately $273,000.

A number of other large investors also recently made changes to their positions in IVR. Rhumbline Advisers grew its holdings in Invesco Mortgage Capital by 1.8% in the 4th quarter. Rhumbline Advisers now owns 84,603 shares of the real estate investment trust’s stock valued at $681,000 after buying an additional 1,513 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Invesco Mortgage Capital by 1.9% in the fourth quarter. Bank of New York Mellon Corp now owns 132,654 shares of the real estate investment trust’s stock worth $1,068,000 after acquiring an additional 2,472 shares during the last quarter. 180 Wealth Advisors LLC grew its holdings in Invesco Mortgage Capital by 22.1% in the fourth quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 2,542 shares during the period. Arizona State Retirement System increased its position in Invesco Mortgage Capital by 22.8% during the fourth quarter. Arizona State Retirement System now owns 15,909 shares of the real estate investment trust’s stock worth $128,000 after purchasing an additional 2,953 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Invesco Mortgage Capital by 427.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,638 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 3,758 shares during the period. Hedge funds and other institutional investors own 40.54% of the company’s stock.

Invesco Mortgage Capital Price Performance

NYSE IVR opened at $8.16 on Friday. Invesco Mortgage Capital Inc. has a 1-year low of $7.48 and a 1-year high of $9.97. The firm has a market capitalization of $532.30 million, a P/E ratio of 12.55 and a beta of 1.93. The business’s 50-day simple moving average is $8.55 and its 200-day simple moving average is $8.48.

Invesco Mortgage Capital (NYSE:IVR) last announced its quarterly earnings results on Thursday, February 20th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.21). Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. The business had revenue of $13.68 million for the quarter, compared to analyst estimates of $50.18 million. On average, equities research analysts expect that Invesco Mortgage Capital Inc. will post 2.49 EPS for the current fiscal year.

Invesco Mortgage Capital Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 7th will be given a dividend of $0.34 per share. The ex-dividend date is Monday, April 7th. This represents a $1.36 dividend on an annualized basis and a yield of 16.68%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is 209.23%.

Analyst Upgrades and Downgrades

Separately, JMP Securities restated a “market perform” rating on shares of Invesco Mortgage Capital in a report on Thursday, January 23rd.

Invesco Mortgage Capital 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.