Brokerage firm Barclays Maintains its rating on Invesco Mortgage Capital Inc(NYSE:IVR). In a research note issued to the investors, the brokerage major Raises the price-target to $15.00 per share. The shares have been rated Equal-weight. The rating by Barclays was issued on Aug 9, 2016.
In a different note, On Aug 9, 2016, Keefe Bruyette & Woods said it Maintains its rating on Invesco Mortgage Capital Inc. In the research note, the firm Raises the price-target to $15.50 per share. The shares have been rated ‘Outperform’ by the firm. On May 18, 2016, Nomura said it Upgrades its rating on Invesco Mortgage Capital Inc. In the research note, the firm Raises the price-target to $14.00 per share. The shares have been rated ‘Buy’ by the firm.
Invesco Mortgage Capital Inc (IVR) remained unchanged at the close of Wednesday session. Even as the volume increased to 5,03,173 ,the shares failed to make any impression and ended at 0 points or 0.00% at $15.2. The trading session commenced at $15.24 and the stock hit a high of $15.25 and touched $15.065 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $15.74 and the 52-week low is $9.74. The company has a market cap of $1,696 M and has approximately 11,15,83,435 outstanding shares.
Invesco Mortgage Capital Inc(IVR) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $0.42.
Several Insider Transactions has been reported to the SEC. On May 19, 2016, John Anzalone (CIO) purchased 4,000 shares at $14.18 per share price.Also, On Mar 15, 2016, Richard J. King (CEO) purchased 2,000 shares at $12.19 per share price.On Nov 13, 2015, Richard Lee Jr. Phegley (CFO) purchased 1,853 shares at $12.95 per share price, according to the Form-4 filing with the securities and exchange commission.
Invesco Mortgage Capital Inc. is a holding company. The Company is a real estate investment trust (REIT). The Company is focused on investing in financing and managing residential and commercial mortgage-backed securities (MBS) and mortgage loans. It invests in residential mortgage-backed securities (RMBS) (collectively Agency RMBS) RMBS that are not guaranteed by a United States Government agency (non-Agency RMBS) credit risk transfer securities issued by Government-sponsored enterprises (GSE CRT) commercial mortgage-backed securities (CMBS) residential and commercial mortgage loans and other real estate-related financing arrangements. The Company generally finances its investments through short and long-term borrowings structured as repurchase agreements and secured loans. It finances its residential loans held-for-investment through asset-backed securities (ABS) issued by consolidated securitization trusts. The Company is managed by Invesco Advisers Inc.