Ramsey Quantitative Systems Acquires New Position in Invesco Mortgage Capital Inc (IVR)

Ramsey Quantitative Systems acquired a new stake in shares of Invesco Mortgage Capital Inc (NYSE:IVR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 16,281 shares of the real estate investment trust’s stock, valued at approximately $236,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVR. Mirae Asset Global Investments Co. Ltd. acquired a new position in Invesco Mortgage Capital in the 3rd quarter valued at about $12,561,000. Oregon Public Employees Retirement Fund acquired a new position in Invesco Mortgage Capital in the 4th quarter valued at about $42,000. BlackRock Inc. boosted its holdings in Invesco Mortgage Capital by 2.0% in the 3rd quarter. BlackRock Inc. now owns 20,116,150 shares of the real estate investment trust’s stock valued at $318,237,000 after purchasing an additional 385,463 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in Invesco Mortgage Capital in the 4th quarter valued at about $3,562,000. Finally, Hsbc Holdings PLC boosted its holdings in Invesco Mortgage Capital by 236.9% in the 3rd quarter. Hsbc Holdings PLC now owns 294,032 shares of the real estate investment trust’s stock valued at $4,651,000 after purchasing an additional 206,744 shares during the last quarter. 65.69% of the stock is owned by institutional investors.

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NYSE:IVR opened at $15.97 on Tuesday. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 9.20 and a beta of 0.76. Invesco Mortgage Capital Inc has a 1-year low of $13.67 and a 1-year high of $16.66.

The company also recently announced a quarterly dividend, which was paid on Monday, January 28th. Shareholders of record on Wednesday, December 26th were issued a $0.42 dividend. The ex-dividend date of this dividend was Monday, December 24th. This represents a $1.68 annualized dividend and a yield of 10.52%.

In other news, insider Brian Norris bought 3,600 shares of the firm’s stock in a transaction on Friday, November 30th. The shares were bought at an average cost of $15.59 per share, for a total transaction of $56,124.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.26% of the company’s stock.

Separately, ValuEngine upgraded shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th.

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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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