Campbell & CO Investment Adviser LLC purchased a new stake in shares of Invesco Mortgage Capital Inc (NYSE:IVR) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 30,346 shares of the real estate investment trust’s stock, valued at approximately $479,000.
Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Invesco Mortgage Capital by 12.6% in the 1st quarter. BlackRock Inc. now owns 23,160,345 shares of the real estate investment trust’s stock valued at $365,934,000 after buying an additional 2,589,879 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Invesco Mortgage Capital by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,976,932 shares of the real estate investment trust’s stock valued at $28,627,000 after buying an additional 43,374 shares during the period. Norges Bank purchased a new stake in shares of Invesco Mortgage Capital in the 4th quarter valued at approximately $20,533,000. JPMorgan Chase & Co. lifted its holdings in shares of Invesco Mortgage Capital by 1.5% in the 1st quarter. JPMorgan Chase & Co. now owns 1,395,374 shares of the real estate investment trust’s stock worth $22,047,000 after acquiring an additional 20,448 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Invesco Mortgage Capital by 7.3% in the 4th quarter. Geode Capital Management LLC now owns 1,206,052 shares of the real estate investment trust’s stock worth $17,463,000 after acquiring an additional 81,855 shares during the last quarter. 69.10% of the stock is owned by hedge funds and other institutional investors.
In related news, insider David B. Lyle bought 7,232 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were purchased at an average cost of $16.04 per share, with a total value of $116,001.28. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Day sold 12,172 shares of the stock in a transaction on Monday, May 13th. The shares were sold at an average price of $16.01, for a total transaction of $194,873.72. The disclosure for this sale can be found here. Insiders purchased a total of 8,364 shares of company stock worth $134,465 over the last ninety days. Insiders own 0.26% of the company’s stock.
Invesco Mortgage Capital (NYSE:IVR) last announced its quarterly earnings data on Wednesday, May 8th. The real estate investment trust reported $0.47 EPS for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.03. The company had revenue of $74.10 million for the quarter, compared to the consensus estimate of $71.30 million. Invesco Mortgage Capital had a net margin of 1.81% and a return on equity of 12.09%. The company’s quarterly revenue was down 12.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 EPS.
The business also recently announced a quarterly dividend, which will be paid on Friday, July 26th. Investors of record on Friday, June 28th will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.17%. The ex-dividend date is Thursday, June 27th.
Invesco Mortgage Capital Company Profile
Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential and commercial mortgage-backed securities, and other mortgage-related assets. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.
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