Invesco Mortgage was Upgraded to a Buy Rating at KBW

By Ryan Adsit

In a report released today, Eric Hagen from KBW upgraded Invesco Mortgage (NYSE: IVR) to Buy. The company’s shares closed on Friday at $16.55.

Invesco Mortgage has an analyst consensus of Hold.

The company has a one year high of $17.34 and a one year low of $14.08. Currently, Invesco Mortgage has an average volume of 923.1K.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IVR in relation to earlier this year.

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Invesco Mortgage Capital, Inc. operates as a real estate investment trust. It acquires, finances and manages residential and commercial mortgage-backed securities and mortgage loans. The company seeks to provide attractive risk-adjusted returns to its shareholders, primarily through dividends and secondarily through capital appreciation.