Insider Buying: Invesco Mortgage Capital Inc. (NYSE:IVR) CEO Acquires $24,750.00 in Stock

Invesco Mortgage Capital Inc. (NYSE:IVR – Get Rating) CEO John Anzalone acquired 15,000 shares of the business’s stock in a transaction on Tuesday, May 10th. The shares were purchased at an average price of $1.65 per share, with a total value of $24,750.00. Following the transaction, the chief executive officer now owns 83,178 shares in the company, valued at approximately $137,243.70. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of IVR opened at $1.75 on Friday. The company has a 50-day simple moving average of $2.02 and a 200-day simple moving average of $2.54. Invesco Mortgage Capital Inc. has a 52-week low of $1.57 and a 52-week high of $4.60. The company has a market capitalization of $577.36 million, a PE ratio of -1.56 and a beta of 1.32.

Shares of Invesco Mortgage Capital are going to reverse split on the morning of Monday, June 6th. The 1-10 reverse split was announced on Monday, June 6th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, June 6th.

Invesco Mortgage Capital (NYSE:IVR – Get Rating) last posted its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. Invesco Mortgage Capital had a negative net margin of 180.40% and a positive return on equity of 18.25%. During the same quarter in the prior year, the company posted $0.11 earnings per share. As a group, equities analysts forecast that Invesco Mortgage Capital Inc. will post 0.35 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 27th. Shareholders of record on Friday, April 8th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Thursday, April 7th. This represents a $0.36 annualized dividend and a yield of 20.57%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently -32.14%.

A number of equities analysts have recently issued reports on the stock. StockNews.com assumed coverage on shares of Invesco Mortgage Capital in a report on Thursday, March 31st. They issued a “sell” rating for the company. Zacks Investment Research downgraded shares of Invesco Mortgage Capital from a “hold” rating to a “sell” rating in a report on Monday, February 28th. Barclays cut their price target on shares of Invesco Mortgage Capital from $3.00 to $2.00 in a report on Wednesday, April 27th. Finally, Credit Suisse Group cut their price target on shares of Invesco Mortgage Capital from $3.00 to $2.30 and set an “underperform” rating for the company in a report on Thursday, March 10th.

A number of large investors have recently bought and sold shares of the business. Mutual of America Capital Management LLC increased its holdings in Invesco Mortgage Capital by 10.3% during the 4th quarter. Mutual of America Capital Management LLC now owns 42,591 shares of the real estate investment trust’s stock valued at $118,000 after acquiring an additional 3,961 shares in the last quarter. Profund Advisors LLC increased its holdings in Invesco Mortgage Capital by 16.4% during the 4th quarter. Profund Advisors LLC now owns 34,901 shares of the real estate investment trust’s stock valued at $97,000 after acquiring an additional 4,911 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of Invesco Mortgage Capital by 5.3% during the 3rd quarter. Voya Investment Management LLC now owns 98,177 shares of the real estate investment trust’s stock worth $309,000 after purchasing an additional 4,981 shares during the last quarter. Advisor Partners LLC grew its holdings in shares of Invesco Mortgage Capital by 10.3% during the fourth quarter. Advisor Partners LLC now owns 59,276 shares of the real estate investment trust’s stock worth $165,000 after buying an additional 5,531 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of Invesco Mortgage Capital by 2.3% during the fourth quarter. Comerica Bank now owns 267,783 shares of the real estate investment trust’s stock worth $699,000 after buying an additional 5,936 shares in the last quarter. Hedge funds and other institutional investors own 53.13% of the company’s stock.

About Invesco Mortgage Capital (Get Rating)

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that primarily focuses on investing in, financing, and managing 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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