Caisse DE Depot ET Placement DU Quebec raised its position in shares of Invesco PLC (NYSE:IVZ) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,921 shares of the asset manager’s stock after acquiring an additional 1,500 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Invesco were worth $2,777,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Flinton Capital Management LLC raised its holdings in Invesco by 0.8% during the 2nd quarter. Flinton Capital Management LLC now owns 10,368 shares of the asset manager’s stock valued at $365,000 after buying an additional 80 shares during the period. IFC Holdings Incorporated FL raised its holdings in Invesco by 0.7% during the 2nd quarter. IFC Holdings Incorporated FL now owns 12,161 shares of the asset manager’s stock valued at $428,000 after buying an additional 90 shares during the period. Riverhead Capital Management LLC raised its holdings in Invesco by 1.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 11,593 shares of the asset manager’s stock valued at $408,000 after buying an additional 144 shares during the period. Cubist Systematic Strategies LLC raised its holdings in Invesco by 0.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 61,079 shares of the asset manager’s stock valued at $2,149,000 after buying an additional 202 shares during the period. Finally, Greenwood Capital Associates LLC raised its holdings in Invesco by 1.0% during the 2nd quarter. Greenwood Capital Associates LLC now owns 20,753 shares of the asset manager’s stock valued at $730,000 after buying an additional 215 shares during the period. 81.38% of the stock is currently owned by institutional investors and hedge funds.

In other Invesco news, insider Colin Meadows sold 54,215 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $36.01, for a total value of $1,952,282.15. Following the transaction, the insider now owns 164,420 shares of the company’s stock, valued at approximately $5,920,764.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Shares of Invesco PLC (IVZ) traded down $0.28 during trading on Tuesday, reaching $37.39. The company’s stock had a trading volume of 2,494,300 shares, compared to its average volume of 2,710,835. The company has a market cap of $15,334.63, a P/E ratio of 14.77, a PEG ratio of 1.19 and a beta of 1.81. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.75. Invesco PLC has a 12 month low of $28.75 and a 12 month high of $37.85.

Invesco (NYSE:IVZ) last announced its quarterly earnings data on Thursday, October 26th. The asset manager reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.66 by $0.05. The company had revenue of $976.60 million for the quarter, compared to the consensus estimate of $940.96 million. Invesco had a return on equity of 13.02% and a net margin of 18.99%. Invesco’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.60 EPS. equities analysts anticipate that Invesco PLC will post 2.66 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 4th. Shareholders of record on Tuesday, November 14th were given a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 3.10%. The ex-dividend date was Monday, November 13th. Invesco’s dividend payout ratio (DPR) is presently 50.44%.

Several research firms recently weighed in on IVZ. ValuEngine upgraded Invesco from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Keefe, Bruyette & Woods restated a “buy” rating and set a $39.00 price target on shares of Invesco in a report on Tuesday, October 3rd. Zacks Investment Research lowered Invesco from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. Citigroup increased their price target on Invesco from $38.50 to $39.50 and gave the company a “buy” rating in a report on Tuesday, October 3rd. Finally, BidaskClub lowered Invesco from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $38.50.

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Invesco Profile

Invesco Ltd. (Invesco) is an independent investment management company. The Company provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. It has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific.

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Institutional Ownership by Quarter for Invesco (NYSE:IVZ)

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