In today’s session Invesco Ltd. (IVZ) registered an unusually high (192) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious IVZ increase. With 192 contracts traded and 10694 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: IVZ161216C00030000 closed last at: $0.35 or 12.5% down. About 1.68M shares traded hands. Invesco Ltd. (NYSE:IVZ) has risen 1.66% since April 8, 2016 and is uptrending. It has underperformed by 3.99% the S&P500.
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. Deutsche Bank maintained Invesco Ltd. (NYSE:IVZ) rating on Friday, January 8. Deutsche Bank has “Buy” rating and $36.0 price target. The rating was maintained by Susquehanna on Thursday, September 3 with “Positive”. Barclays Capital maintained the shares of IVZ in a report on Thursday, October 13 with “Overweight” rating. As per Wednesday, October 5, the company rating was maintained by Deutsche Bank. The rating was downgraded by Citigroup on Monday, June 27 to “Neutral”. The firm has “Overweight” rating by Barclays Capital given on Tuesday, August 9. The stock of Invesco Ltd. (NYSE:IVZ) earned “Hold” rating by Deutsche Bank on Friday, October 14. The firm has “Buy” rating given on Thursday, September 10 by Citigroup. The firm has “Buy” rating by Deutsche Bank given on Thursday, March 17. Deutsche Bank maintained the stock with “Buy” rating in Monday, July 18 report.
According to Zacks Investment Research, “Invesco is an independent global investment manager operating in more than 20 countries. Supported by a global platform, Invesco delivers a comprehensive array of investment capabilities and services to retail and institutional investors. They have a significant presence in the retail and institutional markets within the investment management industry in North America, Europe and Asia-Pacific, serving clients in more than 100 countries.”
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.
Teton Advsrs owns 99,859 shares or 0.23% of their US portfolio. Amica Retiree Med Tru has 0.25% invested in the company for 11,279 shares. Tcw holds 0.02% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 109,808 shares. The New Jersey-based Princeton Alpha Lp has invested 0.07% in Invesco Ltd. (NYSE:IVZ). Natixis last reported 71,762 shares in the company. Punch last reported 116,046 shares in the company. Moreover, M&T State Bank has 0.14% invested in Invesco Ltd. (NYSE:IVZ) for 841,649 shares. The New York-based M&R Cap Mngmt Incorporated has invested 0% in Invesco Ltd. (NYSE:IVZ). Andra Ap has 126,300 shares for 0.08% of their US portfolio. Todd Asset Management Ltd Co last reported 0.74% of its portfolio in the stock. Moreover, Guggenheim Limited Co has 0.07% invested in Invesco Ltd. (NYSE:IVZ) for 909,781 shares. Ent Financial Svcs has 0.01% invested in the company for 935 shares. Envestnet Asset last reported 0.01% of its portfolio in the stock. Point72 Asia (Hong Kong) holds 0.14% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 4,700 shares. Janney Montgomery Scott Limited Liability has 14,329 shares for 0.01% of their US portfolio.
Insider Transactions: Since June 10, 2016, the stock had 1 insider buy, and 3 selling transactions for $5.30 million net activity. Another trade for 2,000 shares valued at $58,480 was made by Johnson Ben F. III on Friday, July 29. $4.16M worth of Invesco Ltd. (NYSE:IVZ) was sold by Lo Andrew Tak Shing. On Monday, September 12 LAWRENCE EDWARD P sold $49,622 worth of the stock or 1,609 shares. 40,433 shares were sold by Meadows Colin, worth $1.15M on Friday, June 10.
Invesco Ltd. is an independent global investment management company. The company has a market cap of $13.34 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 15.46 P/E ratio. It operates in the investment management segment.
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.
More notable recent Invesco Ltd. (NYSE:IVZ) news were published by: Prnewswire.com which released: “Invesco Ltd. to Present at the 2016 Bank of America Merrill Lynch Future of …” on November 03, 2016, also Finance.Yahoo.com with their article: “Invesco Ltd. Corrects Quarterly Ex-Dividend Date” published on November 01, 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 Revamps CollegeBound Program, Receives Morningstar Silver and Bronze …” published on November 02, 2016 as well as Prnewswire.com‘s news article titled: “Invesco Ltd. Announces September 30, 2016 Assets Under Management and …” with publication date: October 11, 2016.
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