In today’s session Invesco Ltd. (IVZ) registered an unusually high (251) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious IVZ increase. With 251 contracts traded and 31374 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: IVZ170120C00033000 closed last at: $0.75 or 11.8% down. About 276,326 shares traded hands. Invesco Ltd. (NYSE:IVZ) has declined 1.85% since April 20, 2016 and is downtrending. It has underperformed by 6.41% 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. The stock of Invesco Ltd. (NYSE:IVZ) earned “Outperform” rating by Wood on Thursday, September 3. Wood maintained the shares of IVZ in a report on Friday, October 14 with “Outperform” rating. The rating was maintained by Barclays Capital on Tuesday, August 9 with “Overweight”. The stock of Invesco Ltd. (NYSE:IVZ) has “Neutral” rating given on Thursday, June 2 by UBS. The firm has “Neutral” rating by Citigroup given on Monday, June 27. Deutsche Bank maintained the stock with “Buy” rating in Thursday, March 17 report. The firm has “Buy” rating by Citigroup given on Thursday, September 10. The rating was maintained by Deutsche Bank with “Buy” on Friday, September 18. The rating was maintained by Barclays Capital on Thursday, October 13 with “Overweight”. As per Monday, July 11, the company rating was maintained by Jefferies.
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 decreased to 0.87 in Q2 2016. Its down 0.45, from 1.32 in 2016Q1. The ratio turned negative, 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.
Pioneer Mngmt Inc owns 266,783 shares or 0.02% of their US portfolio. Moreover, Blair William And Il has 0.13% invested in Invesco Ltd. (NYSE:IVZ) for 537,240 shares. Credit Agricole S A has invested 0.01% of its portfolio in Invesco Ltd. (NYSE:IVZ). Forward Mngmt Ltd has 23,408 shares for 0.05% of their US portfolio. Gotham Asset Limited Liability Corp has invested 0.01% of its portfolio in Invesco Ltd. (NYSE:IVZ). Utd Automobile Association has 406,146 shares for 0.04% of their US portfolio. Amalgamated Fincl Bank reported 22,298 shares or 0.04% of all its holdings. Pnc Gp holds 0.02% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 749,244 shares. Peoples Financial has invested 0% of its portfolio in Invesco Ltd. (NYSE:IVZ). Company National Bank holds 0.18% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 448,753 shares. Robeco Institutional Asset Mgmt Bv accumulated 85,768 shares or 0.02% of the stock. Arizona State Retirement Sys has invested 0.05% of its portfolio in Invesco Ltd. (NYSE:IVZ). Advisory Service Networks Ltd Liability Company owns 405 shares or 0% of their US portfolio. The Texas-based Westwood Hldgs Gru has invested 0.52% in Invesco Ltd. (NYSE:IVZ). Charter Tru accumulated 0.03% or 8,632 shares.
Insider Transactions: Since June 10, 2016, the stock had 1 insider purchase, and 3 selling transactions for $5.30 million net activity. $49,622 worth of shares were sold by LAWRENCE EDWARD P on Monday, September 12. 2,000 shares with value of $58,480 were bought by Johnson Ben F. III on Friday, July 29. 150,000 Invesco Ltd. (NYSE:IVZ) shares with value of $4.16 million were sold by Lo Andrew Tak Shing. Meadows Colin also sold $1.15M worth of Invesco Ltd. (NYSE:IVZ) shares.
Invesco Ltd. is an independent global investment management company. The company has a market cap of $13.11 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 15.97 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 important 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 Prnewswire.com published article titled: “Invesco Ltd. Corrects Quarterly Ex-Dividend Date”, Prnewswire.com published: “Invesco Revamps CollegeBound Program, Receives Morningstar Silver and Bronze …” on November 02, 2016. More interesting news about Invesco Ltd. (NYSE:IVZ) was released by: Prnewswire.com and their article: “Invesco Receives Highest Ranking for Digital Presence Among Industry Peers” with publication date: October 24, 2016.
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