Invesco Ltd. (NYSE:IVZ) Shares Acquired by Quantbot Technologies LP

Quantbot Technologies LP boosted its stake in shares of Invesco Ltd. (NYSE:IVZ - Free Report) by 33.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,920 shares of the asset manager's stock after purchasing an additional 26,704 shares during the quarter. Quantbot Technologies LP's holdings in Invesco were worth $1,869,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Massachusetts Mutual Life Insurance Co. acquired a new stake in Invesco in the third quarter valued at approximately $1,428,196,000. Azora Capital LP purchased a new stake in shares of Invesco in the 3rd quarter valued at approximately $27,289,000. Amundi raised its holdings in shares of Invesco by 124.6% in the 4th quarter. Amundi now owns 2,653,259 shares of the asset manager's stock valued at $45,424,000 after purchasing an additional 1,472,178 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Invesco by 131.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 910,156 shares of the asset manager's stock worth $15,982,000 after purchasing an additional 516,622 shares during the last quarter. Finally, Algert Global LLC grew its stake in shares of Invesco by 1,207.8% during the third quarter. Algert Global LLC now owns 481,270 shares of the asset manager's stock worth $8,451,000 after purchasing an additional 444,470 shares in the last quarter. Hedge funds and other institutional investors own 66.09% of the company's stock.

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Invesco Price Performance

Shares of IVZ traded down $0.14 during trading hours on Thursday, reaching $15.56. The company had a trading volume of 3,667,827 shares, compared to its average volume of 3,873,607. The company has a current ratio of 4.91, a quick ratio of 4.91 and a debt-to-equity ratio of 0.49. Invesco Ltd. has a 12-month low of $14.16 and a 12-month high of $19.55. The firm has a 50 day simple moving average of $17.21 and a 200-day simple moving average of $17.43. The company has a market capitalization of $6.96 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 0.98 and a beta of 1.43.

Invesco (NYSE:IVZ - Get Free Report) last issued its earnings results on Tuesday, January 28th. The asset manager reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. Invesco had a net margin of 12.77% and a return on equity of 8.18%. Research analysts expect that Invesco Ltd. will post 1.87 earnings per share for the current year.

Invesco Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were given a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 5.27%. The ex-dividend date of this dividend was Friday, February 14th. Invesco's dividend payout ratio is currently 69.49%.

Analyst Ratings Changes

A number of analysts have weighed in on IVZ shares. JPMorgan Chase & Co. cut their price target on Invesco from $20.00 to $19.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Barclays increased their price objective on Invesco from $18.00 to $20.00 and gave the company an "equal weight" rating in a report on Wednesday, January 29th. UBS Group boosted their target price on Invesco from $17.00 to $21.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. BMO Capital Markets raised their price objective on Invesco from $19.00 to $21.00 and gave the stock a "market perform" rating in a report on Wednesday, January 29th. Finally, The Goldman Sachs Group raised their price target on Invesco from $19.00 to $20.75 and gave the stock a "neutral" rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Invesco currently has an average rating of "Hold" and an average price target of $19.94.

Invesco Company 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.