Segall Bryant & Hamill LLC Sells 36,866 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Segall Bryant & Hamill LLC trimmed its holdings 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 SEC. The fund owned 500,302 shares of the real estate investment trust’s stock after selling 36,866 shares during the quarter. Segall Bryant & Hamill LLC owned 0.82% of Invesco Mortgage Capital worth $4,027,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its position in Invesco Mortgage Capital by 427.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,638 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 3,758 shares during the period. McIlrath & Eck LLC purchased a new stake in Invesco Mortgage Capital during the 3rd quarter valued at about $62,000. KLP Kapitalforvaltning AS bought a new position in Invesco Mortgage Capital during the 4th quarter worth approximately $81,000. Zacks Investment Management purchased a new position in Invesco Mortgage Capital in the 3rd quarter worth approximately $94,000. Finally, Intech Investment Management LLC purchased a new position in Invesco Mortgage Capital in the 3rd quarter worth approximately $121,000. Hedge funds and other institutional investors own 40.54% of the company’s stock.

Invesco Mortgage Capital Trading Up 0.3 %

Invesco Mortgage Capital stock opened at $8.16 on Friday. The firm has a market cap of $532.30 million, a P/E ratio of 12.55 and a beta of 1.93. Invesco Mortgage Capital Inc. has a 1-year low of $7.48 and a 1-year high of $9.97. The firm has a 50-day moving average of $8.55 and a 200-day moving average of $8.48.

Invesco Mortgage Capital (NYSE:IVR) last released its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $50.18 million. Research 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 business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 7th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 16.68%. The ex-dividend date is Monday, April 7th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 209.23%.

Analyst Upgrades and Downgrades

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

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.