Invesco Mortgage Capital Inc (NYSE:IVR) Shares Sold by Pinebridge Investments L.P.

Pinebridge Investments L.P. decreased its position in shares of Invesco Mortgage Capital Inc (NYSE:IVR) by 28.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,608 shares of the real estate investment trust’s stock after selling 37,099 shares during the period. Pinebridge Investments L.P. owned 0.07% of Invesco Mortgage Capital worth $1,477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Horan Securities Inc. acquired a new position in Invesco Mortgage Capital during the second quarter worth approximately $30,000. NEXT Financial Group Inc acquired a new position in shares of Invesco Mortgage Capital in the second quarter valued at approximately $36,000. Victory Capital Management Inc. purchased a new stake in shares of Invesco Mortgage Capital in the first quarter valued at approximately $43,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Invesco Mortgage Capital in the second quarter valued at approximately $64,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of Invesco Mortgage Capital in the first quarter valued at approximately $65,000. 64.15% of the stock is currently owned by institutional investors.

In other Invesco Mortgage Capital news, Director Edward J. Hardin purchased 2,500 shares of Invesco Mortgage Capital stock in a transaction that occurred on Wednesday, August 21st. The stock was purchased at an average price of $15.73 per share, with a total value of $39,325.00. Following the completion of the acquisition, the director now owns 35,357 shares of the company’s stock, valued at approximately $556,165.61. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mario Clemente purchased 2,000 shares of Invesco Mortgage Capital stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average cost of $15.71 per share, with a total value of $31,420.00. The disclosure for this purchase can be found here. Corporate insiders own 0.26% of the company’s stock.

IVR traded down $0.01 during trading on Tuesday, reaching $15.27. 18,450 shares of the stock were exchanged, compared to its average volume of 1,376,097. The business’s 50 day moving average price is $15.70 and its two-hundred day moving average price is $16.01. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.01 and a quick ratio of 0.01. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 8.51 and a beta of 0.77. Invesco Mortgage Capital Inc has a 1 year low of $13.67 and a 1 year high of $16.67.

Invesco Mortgage Capital (NYSE:IVR) last posted its earnings results on Wednesday, August 7th. The real estate investment trust reported $0.46 EPS for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.01. Invesco Mortgage Capital had a positive return on equity of 12.51% and a negative net margin of 6.91%. The company had revenue of $29.71 million for the quarter, compared to the consensus estimate of $76.20 million. During the same period in the previous year, the business earned $0.41 earnings per share.

Separately, TheStreet downgraded Invesco Mortgage Capital from a “c” rating to a “d+” rating in a research note on Thursday, August 8th.

Invesco Mortgage Capital Profile

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

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