Invesco Ltd. (NYSE:IVZ) Receives Average Recommendation of “Hold” from Analysts

Shares of Invesco Ltd. (NYSE:IVZ) have received an average recommendation of “Hold” from the fifteen analysts that are covering the company, Marketbeat reports. Nine investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $28.4643.

Several equities research analysts have recently issued reports on IVZ shares. Barclays decreased their price objective on shares of Invesco from $30.00 to $29.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 28th. BMO Capital Markets raised their price target on Invesco from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Wednesday, December 10th. JPMorgan Chase & Co. lifted their price target on Invesco from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Tuesday, January 20th. Argus set a $31.00 price objective on Invesco in a research report on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded Invesco from a “hold” rating to a “buy” rating and increased their price objective for the company from $26.00 to $31.00 in a report on Wednesday, December 17th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Root Financial Partners LLC raised its stake in Invesco by 28.2% during the 4th quarter. Root Financial Partners LLC now owns 1,702 shares of the asset manager’s stock worth $45,000 after acquiring an additional 374 shares in the last quarter. Carrera Capital Advisors boosted its position in shares of Invesco by 3.7% in the 4th quarter. Carrera Capital Advisors now owns 11,467 shares of the asset manager’s stock valued at $301,000 after purchasing an additional 408 shares during the period. Vise Technologies Inc. boosted its position in shares of Invesco by 3.3% in the 4th quarter. Vise Technologies Inc. now owns 13,182 shares of the asset manager’s stock valued at $346,000 after purchasing an additional 425 shares during the period. Wedmont Private Capital grew its stake in Invesco by 2.2% during the 4th quarter. Wedmont Private Capital now owns 21,236 shares of the asset manager’s stock worth $588,000 after buying an additional 456 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in Invesco by 18.4% during the 3rd quarter. Parallel Advisors LLC now owns 3,031 shares of the asset manager’s stock worth $70,000 after buying an additional 472 shares during the last quarter. Institutional investors and hedge funds own 66.09% of the company’s stock.

Invesco Stock Up 3.7%

IVZ stock opened at $26.13 on Wednesday. The company’s 50 day moving average price is $27.34 and its 200 day moving average price is $24.63. The firm has a market capitalization of $11.63 billion, a price-to-earnings ratio of -16.33, a PEG ratio of 0.45 and a beta of 1.69. Invesco has a fifty-two week low of $11.60 and a fifty-two week high of $29.61. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.23 and a current ratio of 1.23.

Invesco (NYSE:IVZ) last posted its quarterly earnings results on Tuesday, January 27th. The asset manager reported $0.62 EPS for the quarter, topping the consensus estimate of $0.58 by $0.04. Invesco had a negative net margin of 6.92% and a positive return on equity of 9.69%. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter in the previous year, the business posted $0.52 EPS. The firm’s revenue was up 6.1% on a year-over-year basis. On average, equities research analysts anticipate that Invesco will post 1.87 EPS for the current fiscal year.

Invesco Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Friday, February 13th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.84 dividend on an annualized basis and a yield of 3.2%. Invesco’s dividend payout ratio (DPR) is presently -52.50%.

Invesco Company 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.