rts logo

These Numbers Show Favorable Signs for Invesco Ltd (IVZ)

Invesco Ltd (NYSE: IVZ) is -7.68% lower on its value in year-to-date trading and has touched a low of $12.48 and a high of $18.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IVZ stock was last observed hovering at around $16.49 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $16.47, the stock is 4.13% and 4.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.25 million and changing -0.12% at the moment leaves the stock 5.50% off its SMA200. IVZ registered 2.23% gain for a year compared to 6-month gain of 13.43%. The firm has a 50-day simple moving average (SMA 50) of $3.24 and a 200-day simple moving average (SMA200) of $16.37.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 6.05% loss in the last 1 month and extending the period to 3 months gives it a -7.68%, and is 2.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.69% over the week and 2.21% over the month.

Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.40B and $5.78B in sales. Fwd P/E is 8.70. Profit margin for the company is -5.77%. Distance from 52-week low is 31.97% and -11.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.44%).

Invesco Ltd quarterly earnings per share for the current quarter are estimated at $0.38 with sales reaching $1.09B over the same period.The EPS is expected to grow by 12.47% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 1.30% in year-over-year returns.

Invesco Ltd (IVZ) Top Institutional Holders

711 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 89.74% of the company’s shares. The shares outstanding are 449.50M, and float is at 439.72M with Short Float at 1.83%. Institutions hold 88.18% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 53.26 million shares valued at $895.32 million. The investor’s holdings represent 11.87% of the IVZ Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 47.86 million shares valued at $804.47 million to account for 10.67% of the shares outstanding. The other top investors are Trian Fund Management, LP which holds 33.94 million shares representing 7.57% and valued at over $570.53 million, while State Street Corporation holds 5.50% of the shares totaling 24.69 million with a market value of $415.09 million.

Invesco Ltd (IVZ) Insider Activity

The most recent transaction is an insider purchase by Invesco Realty, Inc.,the company’s10% Owner. SEC filings show that Invesco Realty, Inc. bought 796,323 shares of the company’s common stock on Oct 02 ’23 at a price of $25.12 per share for a total of $20.0 million. Following the purchase, the insider now owns 1.05 million shares.

Invesco Ltd disclosed in a document filed with the SEC on Sep 05 ’23 that Invesco Realty, Inc. (10% Owner) bought a total of 2,800,000 shares of the company’s common stock. The trade occurred on Sep 05 ’23 and was made at $25.00 per share for $70.0 million. Following the transaction, the insider now directly holds 0.85 million shares of the IVZ stock.

Related Posts