Invesco Ltd (NYSE: IVZ) is -3.98% lower on its value in year-to-date trading and has touched a low of $12.48 and a high of $18.28 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 $17.17 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $17.13, the stock is 3.51% and 3.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.64 million and changing -0.23% at the moment leaves the stock 7.03% off its SMA200. IVZ registered 17.09% gain for a year compared to 6-month gain of 9.04%.
The stock witnessed a 2.39% loss in the last 1 month and extending the period to 3 months gives it a 11.89%, and is 5.42% 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 2.36% over the week and 2.36% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.71B and $5.77B in sales. Fwd P/E is 9.50. Profit margin for the company is -5.84%. Distance from 52-week low is 37.26% and -6.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.52%).
The EPS is expected to grow by 7.69% this year.
Invesco Ltd (IVZ) Top Institutional Holders
701.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 90.69% of the company’s shares. The shares outstanding are 449.50M, and float is at 442.43M with Short Float at 1.76%. Institutions hold 89.19% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 54.21 million shares valued at $810.97 million. The investor’s holdings represent 11.8763% of the IVZ Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 49.88 million shares valued at $746.18 million to account for 10.9274 of the shares outstanding. The other top investors are TRIAN FUND MANAGEMENT, L.P. which holds 27.22 million shares representing 5.9642% and valued at over $407.27 million, while STATE STREET CORP holds 4.5808 of the shares totaling 20.91 million with a market value of $312.8 million.
Invesco Ltd (IVZ) Insider Activity
The most recent transaction is an insider purchase by Invesco Realty, Inc., the company’s 10% 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.
