Invesco Mortgage Capital Inc (NYSE:IVR) insider Mario Clemente bought 2,000 shares of the company’s stock in a transaction on Friday, August 16th. The shares were bought at an average cost of $15.71 per share, for a total transaction of $31,420.00. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.
NYSE:IVR opened at $15.60 on Thursday. The company has a market cap of $2.25 billion, a PE ratio of 8.77 and a beta of 0.75. Invesco Mortgage Capital Inc has a twelve month low of $13.67 and a twelve month high of $16.67. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.78. The company’s 50 day moving average is $16.29 and its two-hundred day moving average is $16.11.
Invesco Mortgage Capital (NYSE:IVR) last released its earnings results on Wednesday, August 7th. The real estate investment trust reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.01. Invesco Mortgage Capital had a negative net margin of 6.91% and a positive return on equity of 12.51%. The company had revenue of $29.71 million for the quarter, compared to the consensus estimate of $76.20 million. During the same quarter in the previous year, the firm earned $0.41 EPS.
A number of hedge funds and other institutional investors have recently made changes to their positions in IVR. Horan Securities Inc. acquired a new stake in Invesco Mortgage Capital during the 2nd quarter valued at approximately $30,000. Osborn Williams & Donohoe LLC acquired a new stake in Invesco Mortgage Capital during the 1st quarter valued at approximately $31,000. NEXT Financial Group Inc acquired a new stake in Invesco Mortgage Capital during the 2nd quarter valued at approximately $36,000. Victory Capital Management Inc. acquired a new stake in Invesco Mortgage Capital during the 1st quarter valued at approximately $43,000. Finally, Parallel Advisors LLC lifted its stake in Invesco Mortgage Capital by 1,495.0% during the 1st quarter. Parallel Advisors LLC now owns 3,525 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 3,304 shares during the period. Institutional investors and hedge funds own 70.88% of the company’s stock.
Separately, TheStreet downgraded shares of Invesco Mortgage Capital from a “c” rating to a “d+” rating in a research report on Thursday, August 8th.
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 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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