117,432 Shares in Invesco Ltd. $IVZ Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in shares of Invesco Ltd. (NYSE:IVZ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 117,432 shares of the asset manager’s stock, valued at approximately $3,085,000.

Several other institutional investors have also recently bought and sold shares of IVZ. American National Bank & Trust bought a new position in Invesco in the 4th quarter valued at $31,000. Larson Financial Group LLC raised its position in 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 during the last quarter. Torren Management LLC bought a new position in Invesco in the 4th quarter valued at $44,000. Root Financial Partners LLC raised its position in Invesco by 28.2% in the 4th 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 last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in Invesco in the 4th quarter valued at $46,000. Institutional investors own 66.09% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on IVZ. BMO Capital Markets cut their price objective on Invesco from $32.00 to $28.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. TD Cowen lifted their price objective on Invesco from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Weiss Ratings downgraded Invesco from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. Barclays lifted their price objective on Invesco from $24.00 to $26.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen downgraded Invesco from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $27.64.

Invesco Trading Down 0.1%

NYSE IVZ opened at $28.90 on Monday. The stock has a 50-day simple moving average of $26.33 and a 200 day simple moving average of $26.21. The company has a market capitalization of $12.81 billion, a PE ratio of -19.66, a P/E/G ratio of 0.65 and a beta of 1.60. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.01. Invesco Ltd. has a 12 month low of $14.45 and a 12 month high of $29.61.

Invesco (NYSE:IVZ) last released 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 during the quarter, compared to the consensus estimate of $1.27 billion. Invesco had a negative net margin of 6.11% and a positive return on equity of 11.34%. The company’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.44 EPS. Research analysts forecast that Invesco Ltd. will post 2.58 EPS for the current year.

Invesco Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were issued a $0.215 dividend. This is a boost from Invesco’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, May 15th. Invesco’s dividend payout ratio 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.