Taking On Challenges And Growing? – Invesco Ltd. (IVZ)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Invesco Ltd. (IVZ) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.57, or -3.48%, to $15.8. Volume reached 94,766 shares, with price reaching a high of $16.01 and a low of $15.92. Most recently, Yahoo Finance reported about the stock as it publicized that Invesco Adds New ETFs To Its Fixed Income Suite That Offers Targeted Exposure to Historically Ignored Fixed Income Sectors.


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Stocks Info

This NYSE-listed company operates within the Asset Management industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $16.01 and fluctuated between $16.71 as its day high and $16.00 as its day low. The current market capitalization of Invesco Ltd. is $7.41B. A total of 3.74 million shares were traded on the day, compared to an average of 4.35M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, IVZ has seen 6 BUY and 5 SELL insider trades, representing the acquisition of 70,390 and the disposition of 32,592 shares. Over the last 12 months, there were 62 BUYs and 22 SELLs from insiders. Insiders purchased 38,194,812 shares during that period but sold 964,506.

In the most recent transaction, MM Asset Management Holding LL bought 827,590 shares of IVZ for 16.21 per share on Jun 14. After the transaction, the 10% Owner now owns 81,332,319 company shares. In a previous transaction on Jun 13, MM Asset Management Holding LL bought 827,590 shares at 16.08 per share. IVZ shares that 10% Owner owns now total 80,504,729.

Among the insiders who bought shares, Vacheron Terry acquired of 4,000 shares on May 10 at a per-share price of $17.40. This resulted in the Chief Accounting Officer holding 10,696 shares of IVZ after the transaction. In another insider transaction, TRIAN FUND MANAGEMENT, L.P. bought 250,062 shares at $23.46 per share on Apr 04. Company shares held by the 10% Owner now total 55,745,000.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Invesco Ltd. pays an annual dividend of $0.75, resulting in a dividend yield of 4.68%, and it has a price to earnings (P/E) ratio of 6.90. IVZ’s most recent ex-dividend date was 08/11/2022 when it declared a $0.1875 quarterly dividend that was paid in cash on 09/02/2022. Previously, the company paid the dividend on 06/02/2022 with an ex-dividend date of 05/09/2022. The dividend was $0.1875 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for IVZ in the last 3 months, the mean price target is $18.23 with high estimates of $20.00 and low estimates of $16.00. In terms of 52-week highs and lows, IVZ has a high of $26.82 and a low of $15.20.

As of this writing, IVZ has an earnings estimate of $0.47 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.49 per share and a lower estimate of $0.44. The company reported an EPS of $0.39 in the last quarter, which was -25% lower than expectations of $0.52.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IVZ is Hold with a score of 3.36. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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