21,905 Shares in Invesco Ltd. $IVZ Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC bought a new stake in shares of Invesco Ltd. (NYSE:IVZ) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 21,905 shares of the asset manager’s stock, valued at approximately $502,000.

A number of other institutional investors also recently added to or reduced their stakes in IVZ. KLP Kapitalforvaltning AS raised its stake in shares of Invesco by 46.1% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 96,300 shares of the asset manager’s stock worth $1,519,000 after buying an additional 30,400 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in Invesco by 177.2% in the third quarter. Sequoia Financial Advisors LLC now owns 27,841 shares of the asset manager’s stock worth $639,000 after acquiring an additional 17,798 shares in the last quarter. Aviance Capital Partners LLC bought a new stake in shares of Invesco in the 3rd quarter worth approximately $1,013,000. First Trust Advisors LP lifted its stake in Invesco by 5,065.4% during the second quarter. First Trust Advisors LP now owns 3,380,933 shares of the asset manager’s stock valued at $53,317,000 after purchasing an additional 3,315,480 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in Invesco by 729.1% during the second quarter. Asset Management One Co. Ltd. now owns 108,246 shares of the asset manager’s stock worth $1,707,000 after buying an additional 95,190 shares in the last quarter. Institutional investors and hedge funds own 66.09% of the company’s stock.

Invesco Stock Performance

Shares of Invesco stock opened at $27.41 on Tuesday. Invesco Ltd. has a 12 month low of $11.60 and a 12 month high of $29.61. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.83. The stock has a market cap of $12.20 billion, a PE ratio of -17.13, a price-to-earnings-growth ratio of 0.49 and a beta of 1.65. The business has a fifty day simple moving average of $27.02 and a 200-day simple moving average of $24.02.

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

Invesco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 3rd. Stockholders of record on Friday, February 13th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, February 13th. Invesco’s dividend payout ratio is -52.50%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. TD Cowen set a $34.50 price target on Invesco in a report on Wednesday, January 28th. Zacks Research raised Invesco from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 28th. Fundamental Research set a $27.00 price target on Invesco in a research report on Friday, October 31st. Wall Street Zen raised Invesco from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Finally, Royal Bank Of Canada cut their price objective on Invesco from $35.00 to $33.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $28.43.

About Invesco

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.