An overview of Invesco Ltd’s (IVZ) institutional holdings

In yesterday’s Wall Street session, Invesco Ltd (NYSE:IVZ) shares traded at $12.78, down -3.77% from the previous session.

17 analysts cover Invesco Ltd (NYSE:IVZ), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $17.00 and a low of $13.00, we find $14.00. Given the previous closing price of $13.28, this indicates a potential upside of 5.42 percent. IVZ stock price is now -9.41% away from the 50-day moving average and -20.24% away from the 200-day moving average. The market capitalization of the company currently stands at $5.75B.

The stock has received a hold rating from 15 analysts and a buy rating from 2. Brokers who have rated the stock have averaged $14.71 as their price target over the next twelve months.

In other news, Invesco Realty, Inc., 10% Owner bought 796,323 shares of the company’s stock on Oct 02. The stock was bought for $20,000,000 at an average price of $25.12. Upon completion of the transaction, the 10% Owner now directly owns 1,052,487 shares in the company, valued at $13.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05, 10% Owner Invesco Realty, Inc. bought 2,800,000 shares of the business’s stock. A total of $70,000,000 was incurred on buying the stock at an average price of $25.00. This leaves the insider owning 853,400 shares of the company worth $10.91 million. Insiders disposed of 8,788,366 shares of company stock worth roughly $112.32 million over the past 1 year. A total of 2.09% of the company’s stock is owned by insiders.

On Thursday morning Invesco Ltd (NYSE: IVZ) stock kicked off with the opening price of $13.20. During the past 12 months, Invesco Ltd has had a low of $12.48 and a high of $20.56. According to the stock market information, the enterprise value for the company is $16.67B, which is based on a 9.81 price-to-earnings ratio, a 1.15 price-to-earnings-growth ratio, and a beta of 1.43. The fifty day moving average price for IVZ is $14.11 and a two-hundred day moving average price translates $16.02 for the stock.

The latest earnings results from Invesco Ltd (NYSE: IVZ) was released for Sep, 2023. According to the Asset Management Company, earnings per share came in at $0.31, missing analysts’ expectations of $0.39 by -0.08. This compares to $0.39 EPS in the same period last year. The net profit margin was 10.17% and return on equity was 5.53% for IVZ. The company reported revenue of $1.44 billion for the quarter, compared to $1.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.26 percent. For the current quarter, analysts expect IVZ to generate $1.1B in revenue.

Related Posts