Invesco Mortgage Capital Inc. (IVR): John Anzalone , CIO of Invesco Mortgage Capital Inc. purchased 4,000 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 19, 2016 to the Securities and Exchange Commission. The shares were purchased at $14.18 per share for a total value of $56,720.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, 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.Also, On Aug 20, 2015, John Anzalone (CIO) purchased 1,200 shares at $13.83 per share price.On Mar 6, 2015, Robson Kuster (COO) purchased 699 shares at $15.66 per share price.
Shares of Invesco Mortgage Capital Inc (IVR) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.07% at $13.98 with 9,75,996 shares getting traded. Post opening the session at $13.86, the shares hit an intraday low of $13.705 and an intraday high of $13.99 and the price vacillated in this range throughout the day. The company has a market cap of $1,560 M and the number of outstanding shares has been calculated to be 11,15,77,275 shares. The 52-week high of Invesco Mortgage Capital Inc is $16.125 and the 52-week low is $9.74.
Company has been under the radar of several Street Analysts.Invesco Mortgage Capital Inc is Upgraded by Nomura to Buy and the brokerage firm has set the Price Target at $16. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 18, 2016.Invesco Mortgage Capital Inc is Upgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on May 11, 2016.Invesco Mortgage Capital Inc is Downgraded by Wells Fargo to Underperform. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Apr 11, 2016.
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.