Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of Invesco Mortgage Capital Inc (NYSE:IVR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,585 shares of the real estate investment trust’s stock, valued at approximately $298,000.

A number of other institutional investors have also made changes to their positions in the business. Piedmont Investment Advisors Inc. raised its stake in Invesco Mortgage Capital by 3.3% during the 4th quarter. Piedmont Investment Advisors Inc. now owns 26,902 shares of the real estate investment trust’s stock valued at $390,000 after acquiring an additional 854 shares in the last quarter. Comerica Bank raised its stake in Invesco Mortgage Capital by 0.8% during the 4th quarter. Comerica Bank now owns 108,609 shares of the real estate investment trust’s stock valued at $1,734,000 after acquiring an additional 868 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Invesco Mortgage Capital by 32.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,970 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 1,692 shares in the last quarter. ClariVest Asset Management LLC raised its stake in Invesco Mortgage Capital by 0.9% during the 4th quarter. ClariVest Asset Management LLC now owns 192,420 shares of the real estate investment trust’s stock valued at $2,786,000 after acquiring an additional 1,700 shares in the last quarter. Finally, Curbstone Financial Management Corp raised its stake in Invesco Mortgage Capital by 7.8% during the 4th quarter. Curbstone Financial Management Corp now owns 36,700 shares of the real estate investment trust’s stock valued at $584,000 after acquiring an additional 2,650 shares in the last quarter. 58.52% of the stock is currently owned by hedge funds and other institutional investors.

Separately, Barclays reaffirmed a “hold” rating and set a $15.00 target price on shares of Invesco Mortgage Capital in a research note on Sunday, February 24th.

Shares of IVR stock opened at $16.10 on Friday. Invesco Mortgage Capital Inc has a 1 year low of $13.67 and a 1 year high of $16.66. The firm has a market cap of $2.06 billion, a PE ratio of 9.24 and a beta of 0.72. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.01 and a current ratio of 0.01.

Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings results on Wednesday, February 20th. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.05. Invesco Mortgage Capital had a positive return on equity of 11.98% and a negative net margin of 9.79%. The company had revenue of $143.89 million for the quarter, compared to analysts’ expectations of $63.80 million. During the same period last year, the firm earned $0.47 EPS.

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About Invesco Mortgage Capital

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 mortgage loans. It invests in residential mortgage-backed securities (RMBS) that are guaranteed by the U.S. government agency or a federally chartered corporation; RMBS that are not issued or guaranteed by the U.S.

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Institutional Ownership by Quarter for Invesco Mortgage Capital (NYSE:IVR)

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