Cwm LLC Acquires 37,345 Shares of Invesco Ltd. $IVZ

Cwm LLC boosted its holdings in Invesco Ltd. (NYSE:IVZ) by 18.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 235,332 shares of the asset manager’s stock after purchasing an additional 37,345 shares during the quarter. Cwm LLC owned approximately 0.05% of Invesco worth $6,182,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CNB Bank bought a new position in shares of Invesco during the third quarter worth $26,000. Root Financial Partners LLC bought a new stake in Invesco in the 3rd quarter valued at $30,000. Sentry Investment Management LLC bought a new stake in Invesco in the 3rd quarter valued at $30,000. American National Bank & Trust purchased a new stake in Invesco in the 4th quarter worth $31,000. Finally, Larson Financial Group LLC lifted its stake in Invesco by 61.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,466 shares of the asset manager’s stock worth $34,000 after purchasing an additional 558 shares in the last quarter. 66.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

IVZ has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Invesco in a research report on Monday, December 29th. Morgan Stanley dropped their price target on Invesco from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Zacks Research cut Invesco from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. The Goldman Sachs Group reduced their price objective on Invesco from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Finally, Barclays reaffirmed a “negative” rating on shares of Invesco in a report on Friday. Five investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $27.61.

Invesco Stock Up 0.4%

Shares of NYSE IVZ opened at $24.92 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.04. Invesco Ltd. has a 12-month low of $12.27 and a 12-month high of $29.61. The firm’s 50-day moving average price is $24.67 and its 200-day moving average price is $25.23. The stock has a market capitalization of $11.06 billion, a price-to-earnings ratio of -15.57, a P/E/G ratio of 0.61 and a beta of 1.66.

Invesco (NYSE:IVZ) last released its quarterly earnings results on Tuesday, January 27th. The asset manager reported $0.62 EPS for the quarter, topping the consensus estimate of $0.58 by $0.04. Invesco had a positive return on equity of 10.26% and a negative net margin of 6.92%.The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.24 billion. During the same quarter last year, the business posted $0.52 earnings per share. The firm’s revenue was up 6.1% on a year-over-year basis. On average, equities research analysts anticipate that Invesco Ltd. will post 2.52 EPS for the current fiscal year.

Invesco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Friday, February 13th were issued a $0.21 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.4%. Invesco’s payout ratio is -52.50%.

About Invesco

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.