Invesco Mortgage Capital (NYSE:IVR) Stock Rating Lowered by StockNews.com

Invesco Mortgage Capital (NYSE:IVR) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

Invesco Mortgage Capital Price Performance

NYSE:IVR opened at $9.25 on Wednesday. Invesco Mortgage Capital has a one year low of $6.34 and a one year high of $12.37. The firm’s 50 day simple moving average is $8.99 and its 200 day simple moving average is $8.62. The company has a market cap of $449.91 million, a PE ratio of -11.56 and a beta of 1.87.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC lifted its stake in Invesco Mortgage Capital by 54.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 64,906 shares of the real estate investment trust’s stock valued at $575,000 after acquiring an additional 22,790 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in Invesco Mortgage Capital by 14.4% during the third quarter. Penserra Capital Management LLC now owns 46,309 shares of the real estate investment trust’s stock worth $463,000 after purchasing an additional 5,830 shares during the last quarter. Natixis Advisors L.P. bought a new stake in Invesco Mortgage Capital in the 3rd quarter worth about $257,000. Hudson Bay Capital Management LP purchased a new stake in Invesco Mortgage Capital in the 3rd quarter valued at about $4,349,000. Finally, Vanguard Group Inc. lifted its position in shares of Invesco Mortgage Capital by 3.1% during the 3rd quarter. Vanguard Group Inc. now owns 3,718,590 shares of the real estate investment trust’s stock worth $37,223,000 after buying an additional 110,709 shares in the last quarter. Institutional investors own 40.54% of the company’s stock.

About Invesco Mortgage Capital

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.