Invesco Ltd. (NYSE:IVZ) Position Boosted by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its stake in shares of Invesco Ltd. (NYSE:IVZ - Free Report) by 53.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 261,544 shares of the asset manager's stock after buying an additional 90,855 shares during the period. Robeco Institutional Asset Management B.V. owned 0.06% of Invesco worth $4,593,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVZ. State Board of Administration of Florida Retirement System increased its stake in shares of Invesco by 10.4% in the first quarter. State Board of Administration of Florida Retirement System now owns 470,626 shares of the asset manager's stock worth $7,718,000 after buying an additional 44,417 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Invesco by 4.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,497,405 shares of the asset manager's stock valued at $24,843,000 after purchasing an additional 58,332 shares during the period. Bessemer Group Inc. lifted its position in shares of Invesco by 5,321.9% in the first quarter. Bessemer Group Inc. now owns 85,341 shares of the asset manager's stock valued at $1,416,000 after acquiring an additional 83,767 shares in the last quarter. Duality Advisers LP raised its stake in Invesco by 323.0% during the first quarter. Duality Advisers LP now owns 95,689 shares of the asset manager's stock worth $1,587,000 after purchasing an additional 73,065 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Invesco by 684.1% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 122,986 shares of the asset manager's stock worth $2,028,000 after buying an additional 107,302 shares during the period. Institutional investors and hedge funds own 66.09% of the company's stock.

Invesco Trading Down 1.6 %

NYSE IVZ traded down $0.30 during trading on Friday, hitting $17.98. The company had a trading volume of 2,942,461 shares, compared to its average volume of 4,031,605. The company's fifty day moving average is $17.34 and its 200-day moving average is $16.27. The company has a market cap of $8.08 billion, a price-to-earnings ratio of -19.54, a price-to-earnings-growth ratio of 1.06 and a beta of 1.44. The company has a current ratio of 4.91, a quick ratio of 4.91 and a debt-to-equity ratio of 0.66. Invesco Ltd. has a one year low of $12.68 and a one year high of $18.94.

Invesco (NYSE:IVZ - Get Free Report) last released its quarterly 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. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.11 billion. Invesco had a positive return on equity of 8.83% and a negative net margin of 3.00%. The firm's revenue was down 20.8% on a year-over-year basis. During the same quarter last year, the business posted $0.35 earnings per share. On average, sell-side analysts predict that Invesco Ltd. will post 1.69 earnings per share for the current year.

Invesco Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Thursday, November 14th will be paid a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $0.82 annualized dividend and a yield of 4.56%. Invesco's dividend payout ratio (DPR) is -89.13%.

Wall Street Analyst Weigh In

A number of research firms recently commented on IVZ. StockNews.com upgraded Invesco from a "sell" rating to a "hold" rating in a research report on Friday, October 18th. Morgan Stanley raised their target price on shares of Invesco from $16.00 to $17.00 and gave the company an "equal weight" rating in a report on Friday, October 18th. Wells Fargo & Company lifted their price objective on shares of Invesco from $16.50 to $17.50 and gave the company an "underweight" rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. lifted their target price on Invesco from $17.00 to $20.00 and gave the stock a "neutral" rating in a report on Monday, October 21st. Finally, Royal Bank of Canada increased their price objective on shares of Invesco from $18.00 to $19.00 and gave the company a "sector perform" rating in a research note on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $18.46.

About Invesco

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.