Invesco Ltd. (NYSE:IVZ) Position Boosted by Capital Analysts LLC

Capital Analysts LLC lifted its position in Invesco Ltd. (NYSE:IVZGet Rating) by 103.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,339 shares of the asset manager’s stock after buying an additional 682 shares during the quarter. Capital Analysts LLC’s holdings in Invesco were worth $31,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVZ. Massachusetts Financial Services Co. MA lifted its holdings in shares of Invesco by 24.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,844,754 shares of the asset manager’s stock worth $180,586,000 after buying an additional 1,557,829 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Invesco by 20.4% during the third quarter. Bank of New York Mellon Corp now owns 3,867,639 shares of the asset manager’s stock worth $93,248,000 after purchasing an additional 654,338 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Invesco by 65.4% during the third quarter. Goldman Sachs Group Inc. now owns 2,749,917 shares of the asset manager’s stock worth $66,300,000 after purchasing an additional 1,087,057 shares during the last quarter. Two Sigma Advisers LP lifted its stake in shares of Invesco by 647.6% during the third quarter. Two Sigma Advisers LP now owns 2,014,000 shares of the asset manager’s stock valued at $48,558,000 after acquiring an additional 1,744,600 shares during the period. Finally, Bank of Nova Scotia lifted its stake in shares of Invesco by 39.9% during the third quarter. Bank of Nova Scotia now owns 1,986,988 shares of the asset manager’s stock valued at $47,906,000 after acquiring an additional 566,232 shares during the period. 67.53% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on IVZ shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Invesco from $26.00 to $24.00 in a report on Wednesday, April 27th. Evercore ISI reduced their target price on Invesco from $28.00 to $25.00 and set an “inline” rating for the company in a research note on Wednesday, January 26th. Keefe, Bruyette & Woods cut Invesco from an “outperform” rating to a “market perform” rating and set a $25.00 price target for the company. in a report on Tuesday, April 12th. Royal Bank of Canada dropped their price objective on Invesco from $26.00 to $23.00 in a report on Tuesday, January 25th. Finally, StockNews.com cut Invesco from a “hold” rating to a “sell” rating in a report on Monday, May 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $25.82.

In other news, CAO Terry Vacheron bought 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 10th. The stock was bought at an average price of $17.40 per share, with a total value of $69,600.00. Following the acquisition, the chief accounting officer now owns 10,696 shares of the company’s stock, valued at approximately $186,110.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Mutual Life Insu Massachusetts purchased 1,349,650 shares of the firm’s stock in a transaction on Friday, March 4th. The stock was bought at an average price of $19.01 per share, for a total transaction of $25,656,846.50. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 8,459,690 shares of company stock valued at $181,140,834. 1.94% of the stock is owned by company insiders.

NYSE IVZ opened at $17.84 on Friday. The stock’s 50-day simple moving average is $20.63 and its two-hundred day simple moving average is $22.40. Invesco Ltd. has a twelve month low of $16.76 and a twelve month high of $29.71. The company has a market capitalization of $8.12 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 1.08 and a beta of 1.25. The company has a quick ratio of 4.21, a current ratio of 4.21 and a debt-to-equity ratio of 0.77.

Invesco (NYSE:IVZGet Rating) last posted its earnings results on Tuesday, April 26th. The asset manager reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.05). The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.28 billion. Invesco had a return on equity of 13.70% and a net margin of 22.72%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. On average, equities analysts expect that Invesco Ltd. will post 2.63 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 2nd. Investors of record on Tuesday, May 10th will be issued a $0.188 dividend. This is a positive change from Invesco’s previous quarterly dividend of $0.17. This represents a $0.75 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend is Monday, May 9th. Invesco’s payout ratio is presently 26.32%.

Invesco Profile (Get Rating)

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.

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Institutional Ownership by Quarter for Invesco (NYSE:IVZ)

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