Invesco Ltd. (NYSE:IVZ) Shares Purchased by Amundi Pioneer Asset Management Inc.

Amundi Pioneer Asset Management Inc. raised its stake in Invesco Ltd. (NYSE:IVZ) by 1.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,721,851 shares of the asset manager’s stock after buying an additional 28,040 shares during the period. Amundi Pioneer Asset Management Inc. owned approximately 0.68% of Invesco worth $52,560,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. FinTrust Capital Advisors LLC increased its stake in shares of Invesco by 21.7% during the 1st quarter. FinTrust Capital Advisors LLC now owns 2,909 shares of the asset manager’s stock worth $56,000 after purchasing an additional 519 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of Invesco by 58.8% during the 1st quarter. Parallel Advisors LLC now owns 1,436 shares of the asset manager’s stock worth $28,000 after purchasing an additional 532 shares in the last quarter. Rehmann Capital Advisory Group increased its stake in shares of Invesco by 100.0% during the 1st quarter. Rehmann Capital Advisory Group now owns 1,338 shares of the asset manager’s stock worth $26,000 after purchasing an additional 669 shares in the last quarter. Oakworth Capital Inc. increased its stake in shares of Invesco by 30.3% during the 4th quarter. Oakworth Capital Inc. now owns 2,882 shares of the asset manager’s stock worth $48,000 after purchasing an additional 670 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Invesco by 2.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 29,551 shares of the asset manager’s stock worth $495,000 after purchasing an additional 698 shares in the last quarter. 76.26% of the stock is owned by institutional investors.

Shares of IVZ traded up $0.10 during mid-day trading on Friday, reaching $19.77. The company had a trading volume of 3,630,225 shares, compared to its average volume of 4,610,239. The firm has a market capitalization of $7.88 billion, a PE ratio of 8.14, a price-to-earnings-growth ratio of 1.01 and a beta of 1.50. The company’s fifty day simple moving average is $20.38. Invesco Ltd. has a fifty-two week low of $15.38 and a fifty-two week high of $27.59. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.52 and a current ratio of 1.52.

Invesco (NYSE:IVZ) last announced its quarterly earnings results on Thursday, April 25th. The asset manager reported $0.56 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.03. The company had revenue of $887.10 million for the quarter, compared to analyst estimates of $884.93 million. Invesco had a net margin of 15.59% and a return on equity of 10.48%. Invesco’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter last year, the business earned $0.67 EPS. On average, equities research analysts expect that Invesco Ltd. will post 2.36 EPS for the current fiscal year.

IVZ has been the subject of a number of recent research reports. Zacks Investment Research cut shares of Horiba from a “hold” rating to a “sell” rating in a research note on Wednesday, May 22nd. Deutsche Bank raised their price objective on shares of Rockwell Automation from $173.00 to $186.00 and gave the stock a “hold” rating in a research note on Friday, April 26th. UBS Group set a $15.00 price objective on shares of Hain Celestial Group and gave the stock a “sell” rating in a research note on Monday, May 13th. Edward Jones cut shares of Invesco from a “buy” rating to a “hold” rating in a research note on Thursday, April 11th. Finally, William Blair reissued a “market perform” rating on shares of Invesco in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $22.09.

In other Invesco news, Director Ben F. Johnson III bought 10,000 shares of Invesco stock in a transaction that occurred on Thursday, May 2nd. The shares were acquired at an average price of $21.37 per share, for a total transaction of $213,700.00. Following the acquisition, the director now owns 54,618 shares of the company’s stock, valued at approximately $1,167,186.66. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Ltd. Invesco bought 2,222,222 shares of Invesco stock in a transaction that occurred on Monday, June 10th. The shares were acquired at an average price of $4.50 per share, for a total transaction of $9,999,999.00. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 2,252,222 shares of company stock worth $10,619,199. 1.90% of the stock is owned by company insiders.

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.

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Institutional Ownership by Quarter for Invesco (NYSE:IVZ)

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