Invesco Plc (NYSE:IVZ) is expected to pay $0.28 on Dec 5, 2016. The indicated annual dividend is $1.12. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Invesco Plc’s current price of $28.40, the dividend is 0.99%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.28% or $0.08 during the last trading session, hitting $28.4. Invesco Ltd. (NYSE:IVZ) has declined 4.05% since April 7, 2016 and is downtrending. It has underperformed by 8.84% the S&P500.
Invesco Ltd. is an independent global investment management company. The company has a market cap of $11.86 billion. The Firm provides a range of investment capabilities and outcomes, which are delivered through a diverse set of investment vehicles, to help clients achieve their investment objectives. It has a 14.24 P/E ratio. It operates in the investment management segment.
Insitutional Activity: The institutional sentiment increased to 1.32 in Q2 2016. Its up 0.48, from 0.84 in 2016Q1. The ratio is positive, as 48 funds sold all Invesco Ltd. shares owned while 149 reduced positions. 66 funds bought stakes while 195 increased positions. They now own 304.76 million shares or 4.86% less from 320.32 million shares in 2016Q1.
Blackrock Advisors Lc has 6.25M shares for 0.16% of their US portfolio. Millennium Mngmt Ltd has 325,145 shares for 0.02% of their US portfolio. Pictet Asset Management Ltd has invested 0.03% of its portfolio in Invesco Ltd. (NYSE:IVZ). St Johns Inv Ltd Llc accumulated 0.32% or 14,131 shares. The Connecticut-based Everpoint Asset Management Limited Liability Com has invested 0.07% in Invesco Ltd. (NYSE:IVZ). Jennison Associate Llc holds 0% or 101,807 shares in its portfolio. Paloma Prtnrs Mngmt Company holds 0.04% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 148,198 shares. Credit Suisse Ag has 4.12 million shares for 0.12% of their US portfolio. The Missouri-based Duncker Streett & Com has invested 0.01% in Invesco Ltd. (NYSE:IVZ). Philadelphia Financial Mgmt Of San Francisco has 2.66% invested in the company for 453,713 shares. Moreover, Valley Natl Advisers has 0% invested in Invesco Ltd. (NYSE:IVZ) for 310 shares. Timber Hill Limited Liability Com last reported 7,932 shares in the company. Price T Rowe Associate Inc Md last reported 3.93 million shares in the company. Seaward Mgmt Ltd Partnership accumulated 1.03% or 738,186 shares. First Personal Finance Ser accumulated 0% or 304 shares.
Insider Transactions: Since June 10, 2016, the stock had 1 buying transaction, and 3 selling transactions for $5.30 million net activity. 2,000 shares were bought by Johnson Ben F. III, worth $58,480. Lo Andrew Tak Shing sold $4.16 million worth of stock or 150,000 shares. On Monday, September 12 the insider LAWRENCE EDWARD P sold $49,622. The insider Meadows Colin sold 40,433 shares worth $1.15 million.
Invesco Ltd. (NYSE:IVZ) Ratings Coverage
Out of 11 analysts covering Invesco (NYSE:IVZ), 7 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 64% are positive. Invesco has been the topic of 46 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Invesco Ltd. (NYSE:IVZ) earned “Positive” rating by Susquehanna on Thursday, September 3. The stock of Invesco Ltd. (NYSE:IVZ) has “Buy” rating given on Friday, January 8 by Deutsche Bank. Deutsche Bank maintained the shares of IVZ in a report on Friday, September 18 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Wednesday, October 7. The stock of Invesco Ltd. (NYSE:IVZ) earned “Overweight” rating by Barclays Capital on Thursday, October 13. RBC Capital Markets maintained it with “Outperform” rating and $39 target price in Friday, January 29 report. Deutsche Bank maintained Invesco Ltd. (NYSE:IVZ) rating on Thursday, June 16. Deutsche Bank has “Buy” rating and $34 price target. The stock of Invesco Ltd. (NYSE:IVZ) has “Outperform” rating given on Thursday, September 3 by Wood. The stock of Invesco Ltd. (NYSE:IVZ) earned “Overweight” rating by Barclays Capital on Tuesday, August 9. The firm has “Hold” rating given on Friday, October 14 by Deutsche Bank.
More notable recent Invesco Ltd. (NYSE:IVZ) news were published by: Prnewswire.com which released: “Invesco Ltd. Corrects Quarterly Ex-Dividend Date” on November 01, 2016, also Prnewswire.com with their article: “Invesco Revamps CollegeBound Program, Receives Morningstar Silver and Bronze …” published on November 02, 2016, Prnewswire.com published: “Invesco Receives Highest Ranking for Digital Presence Among Industry Peers” on October 24, 2016. More interesting news about Invesco Ltd. (NYSE:IVZ) were released by: Prnewswire.com and their article: “Invesco Ltd. Announces September 30, 2016 Assets Under Management and …” published on October 11, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Invesco Ltd announces September Assets Under Management” with publication date: October 11, 2016.
IVZ Company Profile
Invesco Ltd. (Invesco), incorporated on September 12, 2007, is an independent global investment management company. The Firm provides a range of investment capabilities and outcomes, which are delivered through a diverse set of investment vehicles, to help clients achieve their investment objectives. It operates in the investment management segment. The Firm has a presence in the retail and institutional markets within the investment management industry in North America, the United Kingdom, Europe, the Middle East and Asia-Pacific, serving clients in approximately 100 countries. The Firm manages approximately $775.6 billion in assets for investors around the world. The Company’s Invesco Jemstep solution provides wealth management home offices and their advisors with a suite of technology solutions that are customizable and are integrated into existing systems. The solution offers advisors a white-labeled, open architecture platform that includes Invesco’s high-conviction fundamental and factor investment strategies. Approximately 47.8% of its assets under management (AUM) are invested in equity securities and over 52.2% in fixed income and other investments.
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