Segall Bryant & Hamill LLC Trims Stake in Invesco Mortgage Capital Inc. (NYSE:IVR)

Segall Bryant & Hamill LLC lessened its position in Invesco Mortgage Capital Inc. (NYSE:IVR) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 500,302 shares of the real estate investment trust’s stock after selling 36,866 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Invesco Mortgage Capital were worth $4,027,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Corebridge Financial Inc. lifted its position in Invesco Mortgage Capital by 4.7% during the fourth quarter. Corebridge Financial Inc. now owns 27,455 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 1,242 shares during the period. Vanguard Group Inc. increased its stake in shares of Invesco Mortgage Capital by 6.9% in the 4th quarter. Vanguard Group Inc. now owns 3,193,984 shares of the real estate investment trust’s stock worth $25,712,000 after acquiring an additional 206,355 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in Invesco Mortgage Capital during the 4th quarter valued at about $81,000. Virtu Financial LLC bought a new stake in Invesco Mortgage Capital during the fourth quarter worth about $273,000. Finally, Quantbot Technologies LP purchased a new stake in Invesco Mortgage Capital in the fourth quarter worth about $434,000. 40.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Invesco Mortgage Capital Trading Up 0.3 %

NYSE IVR opened at $8.16 on Friday. Invesco Mortgage Capital Inc. has a 12 month low of $7.48 and a 12 month high of $9.97. The stock’s fifty day moving average price is $8.55 and its 200-day moving average price is $8.48. The stock has a market cap of $532.30 million, a P/E ratio of 12.55 and a beta of 1.93.

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

Invesco Mortgage Capital Cuts Dividend

The company 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. This represents a $1.36 annualized dividend and a dividend yield of 16.68%. The ex-dividend date is Monday, April 7th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 209.23%.

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.