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 11, 2016 will be eligible to receive the payout. Based on Invesco Plc’s current price of $30.09, the dividend is 0.93%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 27, 2016. The stock increased 5.95% or $1.69 during the last trading session, hitting $30.09. 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. is an independent global investment management company. The company has a market cap of $12.26 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 15.09 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 improved, 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.
Synovus Fincl has 10,597 shares for 0.01% of their US portfolio. Thrivent Financial For Lutherans accumulated 2.25M shares or 0.27% of the stock. First American Retail Bank accumulated 20,234 shares or 0.05% of the stock. The Ohio-based Fort Washington Advsr Oh has invested 0.04% in Invesco Ltd. (NYSE:IVZ). Magnetar Ltd accumulated 39,433 shares or 0.02% of the stock. Convergence Invest Partners Lc, a Wisconsin-based fund reported 35,884 shares. Moreover, Pioneer Management has 0.02% invested in Invesco Ltd. (NYSE:IVZ) for 266,783 shares. Old Mutual Customised Solutions (Proprietary) Limited has 11,500 shares for 0.07% of their US portfolio. Cleararc accumulated 0.05% or 10,144 shares. Quantitative Systematic Strategies Ltd Llc holds 0.48% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 41,447 shares. Agf Invests America has 0.6% invested in the company for 51,950 shares. Fukoku Mutual Life Ins Com owns 4,700 shares or 0.02% of their US portfolio. Lombard Odier Asset Mngmt (Europe) Limited accumulated 0.01% or 8,625 shares. Dnb Asset Management As holds 41,684 shares or 0% of its portfolio. Citadel Advsr Limited Liability Co accumulated 0.07% or 2.34 million shares.
Insider Transactions: Since June 10, 2016, the stock had 1 buy, and 3 sales for $5.30 million net activity. LAWRENCE EDWARD P sold $49,622 worth of stock. On Wednesday, November 2 Lo Andrew Tak Shing sold $4.16M worth of the stock or 150,000 shares. On Friday, July 29 the insider Johnson Ben F. III bought $58,480. Meadows Colin sold $1.15 million worth of stock or 40,433 shares.
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. $48 is the highest target while $27 is the lowest. The $35.77 average target is 18.88% above today’s ($30.09) stock price. Invesco has been the topic of 46 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Citigroup on Monday, June 27. RBC Capital Markets maintained Invesco Ltd. (NYSE:IVZ) rating on Friday, January 29. RBC Capital Markets has “Outperform” rating and $39 price target. The firm has “Overweight” rating given on Thursday, October 13 by Barclays Capital. The firm has “Buy” rating given on Wednesday, October 5 by Deutsche Bank. The stock has “Outperform” rating given by Wood on Friday, October 14. The firm has “Buy” rating by Argus Research given on Wednesday, October 21. The company was maintained on Thursday, April 7 by JP Morgan. The company was downgraded on Friday, October 14 by Deutsche Bank. The firm earned “Buy” rating on Friday, July 31 by Deutsche Bank. The company was maintained on Monday, July 11 by Jefferies.
More notable recent Invesco Ltd. (NYSE:IVZ) news were published by: Finance.Yahoo.com which released: “Invesco Ltd. Corrects Quarterly Ex-Dividend Date” on November 01, 2016, also Prnewswire.com with their article: “Invesco Receives Highest Ranking for Digital Presence Among Industry Peers” published on October 24, 2016, Prnewswire.com published: “Invesco Revamps CollegeBound Program, Receives Morningstar Silver and Bronze …” on November 02, 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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