Atria Wealth Solutions Inc. Acquires New Shares in Invesco Mortgage Capital Inc. (NYSE:IVR)

Atria Wealth Solutions Inc. bought a new position in shares of Invesco Mortgage Capital Inc. (NYSE:IVR) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 36,175 shares of the real estate investment trust’s stock, valued at approximately $291,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its holdings in Invesco Mortgage Capital by 7.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,224,795 shares of the real estate investment trust’s stock worth $11,504,000 after purchasing an additional 80,051 shares in the last quarter. State Street Corp increased its holdings in Invesco Mortgage Capital by 1.3% during the 3rd quarter. State Street Corp now owns 1,013,514 shares of the real estate investment trust’s stock worth $9,517,000 after purchasing an additional 12,557 shares in the last quarter. Van ECK Associates Corp increased its holdings in Invesco Mortgage Capital by 30.5% during the 4th quarter. Van ECK Associates Corp now owns 641,390 shares of the real estate investment trust’s stock worth $5,163,000 after purchasing an additional 149,957 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in Invesco Mortgage Capital by 3.4% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 537,168 shares of the real estate investment trust’s stock worth $5,044,000 after purchasing an additional 17,453 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Invesco Mortgage Capital by 3.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 427,296 shares of the real estate investment trust’s stock worth $4,012,000 after purchasing an additional 15,503 shares in the last quarter. Institutional investors own 40.54% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Invesco Mortgage Capital Price Performance

Invesco Mortgage Capital stock opened at $8.80 on Friday. The firm has a 50-day moving average of $8.34 and a 200-day moving average of $8.50. Invesco Mortgage Capital Inc. has a one year low of $7.48 and a one year high of $9.97. The company has a market cap of $542.92 million, a price-to-earnings ratio of 13.53 and a beta of 1.88.

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

Invesco Mortgage Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Monday, December 30th were paid a $0.40 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.60 annualized dividend and a yield of 18.19%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 246.15%.

Invesco Mortgage Capital Company 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.