Invesco Ltd (NYSE: IVZ) is -1.57% 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 $17.64 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $17.56, the stock is 5.47% and 5.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.27 million and changing -0.45% at the moment leaves the stock 9.32% off its SMA200. IVZ registered 21.35% gain for a year compared to 6-month gain of 6.49%. The firm has a 50-day simple moving average (SMA 50) of $16.6294 and a 200-day simple moving average (SMA200) of $16.0733.
The stock witnessed a 3.84% loss in the last 1 month and extending the period to 3 months gives it a 18.25%, and is 2.51% 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 2.69% over the week and 2.60% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.90B and $5.77B in sales. Fwd P/E is 9.75. Profit margin for the company is -5.84%. Distance from 52-week low is 40.71% and -3.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.52%).
with sales reaching $1.1B over the same period.The EPS is expected to grow by 7.65% this year, but quarterly earnings will post 1.40% year-over-year.
Invesco Ltd (IVZ) Top Institutional Holders
700.0 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 1.53%. 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.
