Invesco Ltd. (NYSE:IVZ) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Invesco Ltd. (NYSE:IVZ - Free Report) by 131.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 910,156 shares of the asset manager's stock after purchasing an additional 516,622 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of Invesco worth $15,982,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Advisors LLC grew its holdings in Invesco by 217.6% in the 1st quarter. Cetera Advisors LLC now owns 42,464 shares of the asset manager's stock valued at $704,000 after buying an additional 29,095 shares during the period. DekaBank Deutsche Girozentrale grew its holdings in Invesco by 11.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 9,471 shares of the asset manager's stock valued at $155,000 after purchasing an additional 1,010 shares during the period. CWM LLC increased its position in Invesco by 37.4% during the second quarter. CWM LLC now owns 14,198 shares of the asset manager's stock worth $212,000 after purchasing an additional 3,863 shares during the last quarter. QRG Capital Management Inc. raised its stake in Invesco by 5.5% during the second quarter. QRG Capital Management Inc. now owns 103,047 shares of the asset manager's stock worth $1,542,000 after purchasing an additional 5,418 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in shares of Invesco by 104.2% in the 2nd quarter. SG Americas Securities LLC now owns 109,739 shares of the asset manager's stock valued at $1,642,000 after purchasing an additional 56,009 shares during the last quarter. Hedge funds and other institutional investors own 66.09% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently commented on IVZ shares. JPMorgan Chase & Co. upped their price objective on Invesco from $17.00 to $20.00 and gave the stock a "neutral" rating in a report on Monday, October 21st. Morgan Stanley raised their price objective on Invesco from $16.00 to $17.00 and gave the stock an "equal weight" rating in a report on Friday, October 18th. Evercore ISI boosted their target price on Invesco from $19.00 to $20.00 and gave the stock an "in-line" rating in a report on Thursday, November 7th. The Goldman Sachs Group raised their price target on shares of Invesco from $17.50 to $19.50 and gave the company a "neutral" rating in a report on Wednesday, October 23rd. Finally, Royal Bank of Canada lifted their price target on shares of Invesco from $18.00 to $19.00 and gave the company a "sector perform" rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $18.63.

Invesco Stock Down 0.4 %

IVZ stock traded down $0.07 during trading on Friday, reaching $17.83. The stock had a trading volume of 2,320,786 shares, compared to its average volume of 2,998,342. The firm has a fifty day moving average price of $17.82 and a 200 day moving average price of $16.65. 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 Ltd. has a 1-year low of $14.16 and a 1-year high of $18.94.

Invesco (NYSE:IVZ - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The asset manager reported $0.44 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the business posted $0.35 earnings per share. Invesco's revenue for the quarter was down 20.8% on a year-over-year basis. As a group, sell-side analysts expect that Invesco Ltd. will post 1.69 EPS for the current year.

Invesco Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Thursday, November 14th were paid a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $0.82 dividend on an annualized basis and a yield of 4.60%. Invesco's dividend payout ratio (DPR) is -89.13%.

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.