28,000 Shares in Invesco Ltd. $IVZ Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd acquired a new position in Invesco Ltd. (NYSE:IVZ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 28,000 shares of the asset manager’s stock, valued at approximately $736,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IVZ. American National Bank & Trust purchased a new position in shares of Invesco in the fourth quarter worth approximately $31,000. Larson Financial Group LLC boosted its holdings in shares of Invesco by 61.5% in the third quarter. Larson Financial Group LLC now owns 1,466 shares of the asset manager’s stock worth $34,000 after buying an additional 558 shares during the last quarter. Torren Management LLC purchased a new position in shares of Invesco in the fourth quarter worth approximately $44,000. Root Financial Partners LLC boosted its holdings in shares of Invesco by 28.2% in the fourth quarter. Root Financial Partners LLC now owns 1,702 shares of the asset manager’s stock worth $45,000 after buying an additional 374 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of Invesco by 151.0% in the third quarter. Brown Brothers Harriman & Co. now owns 2,046 shares of the asset manager’s stock worth $47,000 after buying an additional 1,231 shares during the last quarter. Hedge funds and other institutional investors own 66.09% of the company’s stock.

Invesco Stock Performance

IVZ opened at $27.48 on Thursday. The firm has a market cap of $12.18 billion, a P/E ratio of -18.69, a PEG ratio of 0.62 and a beta of 1.60. Invesco Ltd. has a 1-year low of $14.45 and a 1-year high of $29.61. The company has a 50 day simple moving average of $26.16 and a two-hundred day simple moving average of $26.13. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.45 and a quick ratio of 1.45.

Invesco (NYSE:IVZ) last posted its quarterly earnings results on Tuesday, April 28th. The asset manager reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Invesco had a positive return on equity of 11.34% and a negative net margin of 6.11%.The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company earned $0.44 earnings per share. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. Equities analysts forecast that Invesco Ltd. will post 2.58 earnings per share for the current fiscal year.

Invesco Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Friday, May 15th were issued a $0.215 dividend. This represents a $0.86 annualized dividend and a dividend yield of 3.1%. This is a boost from Invesco’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, May 15th. Invesco’s payout ratio is presently -58.50%.

Analyst Upgrades and Downgrades

IVZ has been the topic of a number of research reports. TD Cowen raised their price objective on shares of Invesco from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Monday. BMO Capital Markets lowered their price target on shares of Invesco from $32.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. Weiss Ratings lowered shares of Invesco from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. Barclays upped their price target 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. Finally, Argus reiterated a “hold” rating on shares of Invesco in a research report on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $27.64.

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.