Invesco Ltd. (NYSE:IVZ) Given Consensus Rating of “Hold” by Analysts

Invesco Ltd. (NYSE:IVZ) has been assigned a consensus recommendation of “Hold” from the fifteen analysts that are covering the company, MarketBeat.com reports. Nine research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $28.4643.

A number of equities analysts have recently issued reports on the stock. Morgan Stanley set a $29.00 price objective on shares of Invesco in a research note on Monday, January 26th. Weiss Ratings restated a “hold (c+)” rating on shares of Invesco in a report on Monday, December 29th. Argus set a $31.00 price target on Invesco in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft raised Invesco from a “hold” rating to a “buy” rating and boosted their price target for the stock from $26.00 to $31.00 in a research report on Wednesday, December 17th. Finally, TD Cowen set a $34.50 price objective on Invesco in a research note on Wednesday, January 28th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Guggenheim Capital LLC lifted its position in Invesco by 11.6% during the fourth quarter. Guggenheim Capital LLC now owns 49,589 shares of the asset manager’s stock valued at $1,303,000 after acquiring an additional 5,149 shares during the last quarter. EFG International AG acquired a new position in shares of Invesco during the fourth quarter worth $107,000. Cetera Investment Advisers lifted its holdings in shares of Invesco by 5.2% during the 4th quarter. Cetera Investment Advisers now owns 132,118 shares of the asset manager’s stock valued at $3,471,000 after purchasing an additional 6,489 shares during the last quarter. Trexquant Investment LP lifted its holdings in shares of Invesco by 722.9% during the 4th quarter. Trexquant Investment LP now owns 684,146 shares of the asset manager’s stock valued at $17,973,000 after purchasing an additional 601,005 shares during the last quarter. Finally, Amundi boosted its position in shares of Invesco by 13.5% in the 4th quarter. Amundi now owns 2,014,800 shares of the asset manager’s stock worth $52,929,000 after purchasing an additional 239,062 shares in the last quarter. Institutional investors own 66.09% of the company’s stock.

Invesco Stock Performance

IVZ stock opened at $26.41 on Wednesday. Invesco has a 1-year low of $11.60 and a 1-year high of $29.61. The business has a 50-day moving average price of $27.37 and a 200 day moving average price of $24.44. The company has a market capitalization of $11.75 billion, a P/E ratio of -16.51, a PEG ratio of 0.48 and a beta of 1.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.23 and a quick ratio of 1.23.

Invesco (NYSE:IVZ) last issued its earnings results 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 negative net margin of 6.92% and a positive return on equity of 9.69%. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.24 billion. During the same period in the prior year, the business earned $0.52 EPS. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. As a group, equities research analysts forecast that Invesco will post 1.87 EPS for the current fiscal year.

Invesco Dividend Announcement

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

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.