Invesco Ltd. (NYSE: IVZ) Receives "Hold" Rating from Analysts.

June 19, 2023: According to Marketbeat.com, Invesco Ltd. (NYSE: IVZ – Get Rating) has received a consensus rating of “Hold” from ten research firms covering the company. Of the ten analysts, nine recommend holding the stock, while one suggests a buy. The average price target set by brokerage firms over the past year is $17.55.

Several equity analysts have provided insights on IVZ shares. StockNews.com downgraded Invesco from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. The Goldman Sachs Group raised their target price on Invesco from $18.00 to $18.50 and assigned a “neutral” rating to the stock on Friday, April 14th. Citigroup initiated coverage on Invesco on Thursday, May 18th, giving the company a “neutral” rating with a target price of $16.00. Deutsche Bank Aktiengesellschaft also raised its target price from $15.00 to $16.00 on Wednesday, April 26th. Finally, TheStreet lowered Invesco’s Rating from “b-” to “c+” in a Tuesday, May 30th report.

Invesco Stock Performance IVZ opened at $16.78 on Monday. The stock has seen a 12-month low of $13.20 and a 12-month high of $20.56. With a current and quick ratio of 4.88, Invesco maintains strong liquidity. The company has a market capitalization of $7.69 billion and a price-to-earnings ratio 12.16. Its beta stands at 1.35. The stock’s 50-day moving average is $16.03, while the 200-day moving average is $17.26.

Invesco (NYSE: IVZ – Get Rating) reported quarterly earnings on Tuesday, April 25th. The asset management company posted earnings per share (EPS) of $0.38, surpassing the consensus estimate of $0.36 by $0.02. Invesco achieved a net margin of 14.87% and a return on equity of 7.86%. The company generated $1.42 billion in revenue for the quarter, beating analyst estimates of $1.10 billion. Compared to the same quarter last year, the firm experienced a 13.0% decrease in revenue. Analysts project that Invesco will post an EPS of 1.66 for the current year.

Invesco Increases Dividend Recently, Invesco announced an increase in its quarterly dividend, which was paid on Friday, June 2nd. On Tuesday, May 9th, shareholders of record received a dividend of $0.20 per share. This represents an annualized dividend of $0.80 and a yield of 4.77%. The ex-dividend date was Monday, May 8th. This dividend boost reflects an increase from Invesco’s previous quarterly dividend of $0.19. The company’s payout ratio now stands at 57.97%.

Institutional Investors’ Perspective on Invesco Several institutional investors and hedge funds have adjusted their holdings in Invesco. OLD Mission Capital LLC acquired a new position in the company during the fourth quarter, valued at approximately $26,000. Proficio Capital Partners LLC acquired shares in Invesco during the first quarter, valued at around $30,000. Money Concepts Capital Corp increased its position in Invesco by 150.1% during the fourth quarter, now owning 1,688 shares valued at $30,000. EverSource Wealth Advisors LLC also expanded its position in Invesco by 125.7% during the fourth quarter, holding 1,844 shares valued at $33,000. Lastly, Romano Brothers AND Company acquired a new position in Invesco during the fourth quarter, valued at about $36,000. Institutional investors and hedge funds own 69.42% of the company’s stock.

Invesco Company Profile Invesco Ltd. is a publicly owned investment manager that offers services to a wide range of clients, including retail and institutional clients, high-net-worth individuals, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.