Invesco Ltd. $IVZ Shares Acquired by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lifted its holdings in Invesco Ltd. (NYSE:IVZ) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,423,764 shares of the asset manager’s stock after buying an additional 204,316 shares during the quarter. Goldman Sachs Group Inc. owned 1.44% of Invesco worth $168,752,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. American National Bank & Trust acquired a new stake in Invesco in the fourth quarter valued at $31,000. Sentry Investment Management LLC acquired a new position in shares of Invesco during the 3rd quarter worth $30,000. Larson Financial Group LLC increased its holdings in shares of Invesco by 61.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,466 shares of the asset manager’s stock valued at $34,000 after purchasing an additional 558 shares in the last quarter. Torren Management LLC acquired a new stake in shares of Invesco in the fourth quarter valued at about $44,000. Finally, Root Financial Partners LLC lifted its stake in shares of Invesco by 28.2% in the fourth quarter. Root Financial Partners LLC now owns 1,702 shares of the asset manager’s stock valued at $45,000 after purchasing an additional 374 shares during the period. Institutional investors and hedge funds own 66.09% of the company’s stock.

Invesco Stock Down 0.1%

Shares of NYSE IVZ opened at $27.32 on Monday. Invesco Ltd. has a 12-month low of $14.29 and a 12-month high of $29.61. The company has a market capitalization of $12.11 billion, a PE ratio of -18.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.60. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.45 and a quick ratio of 1.45. The firm’s 50-day moving average is $25.91 and its two-hundred day moving average is $26.03.

Invesco (NYSE:IVZ) last issued its quarterly earnings data on Tuesday, April 28th. The asset manager reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Invesco had a positive return on equity of 11.34% and a negative net margin of 6.11%.The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the business earned $0.44 earnings per share. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. Equities analysts anticipate that Invesco Ltd. will post 2.58 EPS for the current fiscal year.

Invesco Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Friday, May 15th. This is a positive change from Invesco’s previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 3.1%. Invesco’s dividend payout ratio (DPR) is -58.50%.

Analysts Set New Price Targets

A number of brokerages have issued reports on IVZ. Evercore set a $27.00 target price on shares of Invesco in a report on Friday, April 10th. Morgan Stanley decreased their price target on Invesco from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Zacks Research cut Invesco from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. Wall Street Zen downgraded Invesco from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Argus reaffirmed a “hold” rating on shares of Invesco in a report on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Invesco presently has an average rating of “Hold” and an average price target of $27.29.

Invesco Profile

Invesco Ltd. is an independent global investment management firm headquartered in Atlanta, Georgia, and publicly traded on the New York Stock Exchange (NYSE: IVZ). With origins dating back to 1935, the company is dedicated to offering a wide array of investment strategies and solutions to both individual and institutional clients worldwide.

The firm’s product suite encompasses actively managed equity and fixed income funds, passive index funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts, alongside specialized offerings such as private markets, real estate, and structured products.