Brandywine Global Investment Management LLC Has $3.25 Million Holdings in Invesco Ltd. $IVZ

Brandywine Global Investment Management LLC lifted its holdings in Invesco Ltd. (NYSE:IVZ) by 18.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 123,780 shares of the asset manager’s stock after purchasing an additional 19,250 shares during the period. Brandywine Global Investment Management LLC’s holdings in Invesco were worth $3,252,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of IVZ. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco in the 1st quarter valued at $563,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Invesco by 7.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,767 shares of the asset manager’s stock valued at $543,000 after purchasing an additional 2,393 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Invesco by 40.2% in the 1st quarter. Woodline Partners LP now owns 37,850 shares of the asset manager’s stock valued at $574,000 after purchasing an additional 10,859 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Invesco by 1.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,046,667 shares of the asset manager’s stock worth $15,878,000 after acquiring an additional 12,685 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its position in Invesco by 6.6% during the 2nd quarter. Baird Financial Group Inc. now owns 102,407 shares of the asset manager’s stock worth $1,615,000 after acquiring an additional 6,341 shares during the last quarter. Institutional investors and hedge funds own 66.09% of the company’s stock.

Wall Street Analysts Forecast Growth

IVZ has been the subject of a number of research analyst reports. Barclays boosted their target price on shares of Invesco from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Zacks Research lowered shares of Invesco from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Evercore set a $31.00 target price on shares of Invesco in a research report on Monday. The Goldman Sachs Group boosted their target price on shares of Invesco from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $31.00 target price on shares of Invesco in a research report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $27.64.

Invesco Stock Down 1.5%

Shares of IVZ opened at $27.48 on Thursday. The company has a 50-day simple moving average of $26.16 and a 200-day simple moving average of $26.13. The firm has a market capitalization of $12.18 billion, a P/E ratio of -18.69, a P/E/G ratio of 0.62 and a beta of 1.60. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.45 and a current ratio of 1.45. Invesco Ltd. has a 52 week low of $14.45 and a 52 week high of $29.61.

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

Invesco Increases Dividend

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

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.