Centiva Capital LP Has $597,000 Stock Holdings in Invesco Ltd. (NYSE:IVZ)

Centiva Capital LP decreased its position in Invesco Ltd. (NYSE:IVZ - Free Report) by 52.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,016 shares of the asset manager's stock after selling 38,088 shares during the quarter. Centiva Capital LP's holdings in Invesco were worth $597,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in shares of Invesco by 22.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 18,084,231 shares of the asset manager's stock valued at $270,540,000 after acquiring an additional 3,349,069 shares during the period. Fisher Asset Management LLC grew its stake in Invesco by 2.0% during the third quarter. Fisher Asset Management LLC now owns 4,540,913 shares of the asset manager's stock worth $79,738,000 after buying an additional 87,405 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Invesco by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,311,814 shares of the asset manager's stock valued at $75,715,000 after buying an additional 45,891 shares during the period. Bank of New York Mellon Corp raised its position in shares of Invesco by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,489,388 shares of the asset manager's stock valued at $37,241,000 after buying an additional 30,016 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Invesco by 19.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,364,232 shares of the asset manager's stock worth $35,274,000 after acquiring an additional 377,786 shares during the period. Institutional investors own 66.09% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Invesco from $17.00 to $20.00 and gave the company a "neutral" rating in a research report on Monday, October 21st. Morgan Stanley boosted their price target on Invesco from $16.00 to $17.00 and gave the stock an "equal weight" rating in a report on Friday, October 18th. Royal Bank of Canada raised their price objective on Invesco from $18.00 to $19.00 and gave the company a "sector perform" rating in a research note on Wednesday, October 23rd. StockNews.com raised Invesco from a "sell" rating to a "hold" rating in a research note on Friday, October 18th. Finally, UBS Group raised their price target on shares of Invesco from $17.50 to $19.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Invesco currently has a consensus rating of "Hold" and an average target price of $18.63.

Invesco Trading Down 0.4 %

Shares of NYSE:IVZ traded down $0.07 during mid-day trading on Friday, reaching $17.83. 2,320,786 shares of the company's stock were exchanged, compared to its average volume of 2,998,342. The firm has a market capitalization of $8.01 billion, a price-to-earnings ratio of -19.38, a PEG ratio of 1.04 and a beta of 1.43. Invesco Ltd. has a twelve month low of $14.16 and a twelve month high of $18.94. The business's fifty day moving average price is $17.82 and its 200-day moving average price is $16.66. The company has a debt-to-equity ratio of 0.66, a quick ratio of 4.91 and a current ratio of 4.91.

Invesco (NYSE:IVZ - Get Free Report) last announced its earnings results on Tuesday, October 22nd. The asset manager reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. Invesco had a positive return on equity of 8.83% and a negative net margin of 3.00%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the business earned $0.35 EPS. The business's quarterly revenue was down 20.8% compared to the same quarter last year. On average, research analysts predict that Invesco Ltd. will post 1.69 EPS for the current fiscal year.

Invesco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Thursday, November 14th were issued a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 4.60%. The ex-dividend date was Thursday, November 14th. Invesco's payout ratio is presently -89.13%.

Invesco Profile

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.