Invesco LTD (NYSE:IVZ) Institutional Investors Quarterly Sentiment

July 16, 2018 - By Matthew Richard

Invesco Ltd. (NYSE:IVZ) Logo

Sentiment for Invesco LTD (NYSE:IVZ)

Invesco LTD (NYSE:IVZ) institutional sentiment decreased to 1.11 in 2018 Q1. Its down -0.20, from 1.31 in 2017Q4. The ratio worsened, as 244 investment managers increased or opened new equity positions, while 219 sold and reduced stock positions in Invesco LTD. The investment managers in our partner’s database now hold: 300.52 million shares, down from 308.14 million shares in 2017Q4. Also, the number of investment managers holding Invesco LTD in their top 10 equity positions decreased from 3 to 1 for a decrease of 2. Sold All: 54 Reduced: 165 Increased: 188 New Position: 56.

Invesco Ltd. is a publicly owned investment manager. The company has market cap of $10.46 billion. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, firms, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It has a 8.94 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

The stock decreased 0.62% or $0.16 during the last trading session, reaching $25.46. About 2.01 million shares traded. Invesco Ltd. (NYSE:IVZ) has declined 11.58% since July 16, 2017 and is downtrending. It has underperformed by 24.15% the S&P500.

Analysts await Invesco Ltd. (NYSE:IVZ) to report earnings on July, 26. They expect $0.68 earnings per share, up 6.25 % or $0.04 from last year’s $0.64 per share. IVZ’s profit will be $279.32 million for 9.36 P/E if the $0.68 EPS becomes a reality. After $0.67 actual earnings per share reported by Invesco Ltd. for the previous quarter, Wall Street now forecasts 1.49 % EPS growth.

Kiltearn Partners Llp holds 5.45% of its portfolio in Invesco Ltd. for 7.13 million shares. Cornerstone Capital Inc. owns 508,664 shares or 2.68% of their US portfolio. Moreover, Reinhart Partners Inc. has 2.47% invested in the company for 748,212 shares. The Louisiana-based Waters Parkerson & Co. Llc has invested 2.07% in the stock. Zwj Investment Counsel Inc, a Georgia-based fund reported 714,155 shares.

Since January 1, 0001, it had 1 buying transaction, and 3 insider sales for $14.91 million activity.

Invesco Ltd. (NYSE:IVZ) Ratings Coverage

Ratings analysis reveals 60% of Invesco Ltd’s analysts are positive. Out of 10 Wall Street analysts rating Invesco Ltd, 6 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $31 while the high is $43.0. The stock’s average target of $36.50 is 43.36% above today’s ($25.46) share price. IVZ was included in 13 notes of analysts from January 19, 2018. Barclays Capital maintained Invesco Ltd. (NYSE:IVZ) on Monday, April 23 with “Overweight” rating. Wood downgraded the stock to “Market Perform” rating in Friday, July 13 report. Morgan Stanley maintained Invesco Ltd. (NYSE:IVZ) on Wednesday, February 7 with “Equal-Weight” rating. The rating was maintained by UBS with “Neutral” on Thursday, May 24. The stock of Invesco Ltd. (NYSE:IVZ) has “Equal-Weight” rating given on Tuesday, April 10 by Morgan Stanley. The stock of Invesco Ltd. (NYSE:IVZ) has “Buy” rating given on Wednesday, January 31 by Keefe Bruyette & Woods. The stock of Invesco Ltd. (NYSE:IVZ) earned “Hold” rating by Citigroup on Friday, January 19. Wells Fargo maintained the shares of IVZ in report on Friday, July 13 with “Outperform” rating. The stock has “Buy” rating by Jefferies on Wednesday, April 11. The firm has “Outperform” rating by Credit Suisse given on Thursday, February 1.

More news for Invesco Ltd. (NYSE:IVZ) were recently published by: Seekingalpha.com, which released: “Invesco: Should You Buy This 4.5% Yielder?” on July 06, 2018. Seekingalpha.com‘s article titled: “Commerce secretary Wilbur Ross to sell equity investments: WSJ” and published on July 13, 2018 is yet another important article.

Invesco Ltd. (NYSE:IVZ) Ratings Chart

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