Invesco Ltd. $IVZ Shares Bought by Macquarie Group Ltd.

Macquarie Group Ltd. boosted its position in shares of Invesco Ltd. (NYSE:IVZ) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,979,258 shares of the asset manager’s stock after buying an additional 27,065 shares during the quarter. Macquarie Group Ltd. owned approximately 0.67% of Invesco worth $78,265,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVZ. Norges Bank acquired a new stake in Invesco during the fourth quarter valued at $102,523,000. Holocene Advisors LP acquired a new stake in shares of Invesco in the third quarter valued at about $55,719,000. Samlyn Capital LLC acquired a new stake in shares of Invesco in the third quarter valued at about $44,567,000. Balyasny Asset Management L.P. grew its position in shares of Invesco by 58.1% in the second quarter. Balyasny Asset Management L.P. now owns 5,092,189 shares of the asset manager’s stock valued at $80,304,000 after purchasing an additional 1,871,666 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco by 989.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,921,158 shares of the asset manager’s stock valued at $54,276,000 after purchasing an additional 1,744,862 shares during the period. Institutional investors and hedge funds own 66.09% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on IVZ shares. Zacks Research lowered shares of Invesco from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. Wall Street Zen lowered shares of Invesco from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. JPMorgan Chase & Co. dropped their target price 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. Barclays lifted their target price on shares of Invesco from $24.00 to $26.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings lowered shares of Invesco from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, June 2nd. Four analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $27.64.

Invesco Stock Performance

IVZ opened at $28.90 on Friday. The firm has a market capitalization of $12.81 billion, a PE ratio of -19.66, a PEG ratio of 0.63 and a beta of 1.60. Invesco Ltd. has a twelve month low of $14.45 and a twelve month high of $29.61. The firm’s 50-day moving average price is $26.33 and its 200 day moving average price is $26.19. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 1.01.

Invesco (NYSE:IVZ) last posted its quarterly earnings results 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). The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.27 billion. Invesco had a positive return on equity of 11.34% and a negative net margin of 6.11%.The business’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.44 earnings per share. As a group, sell-side analysts expect that Invesco Ltd. will post 2.58 EPS for the current fiscal year.

Invesco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Friday, May 15th were given a dividend of $0.215 per share. The ex-dividend date was Friday, May 15th. This is a boost from Invesco’s previous quarterly dividend of $0.21. This represents a $0.86 dividend on an annualized basis and a yield of 3.0%. Invesco’s dividend payout ratio (DPR) is presently -58.50%.

Invesco 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.