WINTON GROUP Ltd Invests $736,000 in Invesco Ltd. $IVZ

WINTON GROUP Ltd bought a new position in Invesco Ltd. (NYSE:IVZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,000 shares of the asset manager’s stock, valued at approximately $736,000.

Several other hedge funds have also recently modified their holdings of IVZ. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco in the first quarter worth $563,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Invesco by 7.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,767 shares of the asset manager’s stock worth $543,000 after purchasing an additional 2,393 shares during the last quarter. Woodline Partners LP increased its position in Invesco by 40.2% in the first quarter. Woodline Partners LP now owns 37,850 shares of the asset manager’s stock worth $574,000 after purchasing an additional 10,859 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Invesco by 1.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,046,667 shares of the asset manager’s stock worth $15,878,000 after purchasing an additional 12,685 shares during the last quarter. Finally, Baird Financial Group Inc. increased its position in Invesco by 6.6% in the second quarter. Baird Financial Group Inc. now owns 102,407 shares of the asset manager’s stock worth $1,615,000 after purchasing an additional 6,341 shares during the last quarter. Hedge funds and other institutional investors own 66.09% of the company’s stock.

Invesco Trading Down 1.5%

IVZ stock opened at $27.48 on Thursday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 1.01. Invesco Ltd. has a twelve month low of $14.45 and a twelve month high of $29.61. The stock has a market capitalization of $12.18 billion, a price-to-earnings ratio of -18.69, a price-to-earnings-growth ratio of 0.62 and a beta of 1.60. The firm’s fifty day simple moving average is $26.16 and its two-hundred day simple moving average is $26.13.

Invesco (NYSE:IVZ) last posted its quarterly earnings data on Tuesday, April 28th. The asset manager reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.01). Invesco had a negative net margin of 6.11% and a positive return on equity of 11.34%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the firm earned $0.44 EPS. The company’s revenue was up 14.0% on a year-over-year basis. As a group, analysts anticipate that Invesco Ltd. will post 2.58 earnings per share for the current year.

Invesco Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Friday, May 15th were given a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 3.1%. This is a positive change from Invesco’s previous quarterly dividend of $0.21. The ex-dividend date was Friday, May 15th. Invesco’s dividend payout ratio (DPR) is presently -58.50%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on IVZ shares. Weiss Ratings cut shares of Invesco from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group boosted their price target on shares of Invesco from $27.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Argus restated a “hold” rating on shares of Invesco in a research report on Wednesday, April 29th. Evercore set a $31.00 price target on shares of Invesco in a research report on Monday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Invesco from $30.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $27.64.

Invesco Company Profile

Invesco Ltd. is an independent global investment management firm headquartered in Atlanta, Georgia, and publicly traded on the New York Stock Exchange (NYSE: IVZ). With origins dating back to 1935, the company is dedicated to offering a wide array of investment strategies and solutions to both individual and institutional clients worldwide.

The firm’s product suite encompasses actively managed equity and fixed income funds, passive index funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts, alongside specialized offerings such as private markets, real estate, and structured products.