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Tuesday, January 31, 2023

Are Things Looking Up For Invesco Ltd. (NYSE: IVZ)?

After Hours

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. After-hours trades for Invesco Ltd. (IVZ) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.20, or -1.03%, to $19.19. The Invesco Ltd. has recorded 166,967 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Invesco Ltd. Announces December 31, 2022 Assets Under Management.


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Stocks Info

The company is listed on the NYSE and operates within the Asset Management industry segment. At the end of the last regular session, the stock closed at $19.39 and fluctuated between $19.41 as its day high and $19.07 as its day low. The current market capitalization of Invesco Ltd. is $8.90B. A total of 4.69 million shares were traded on the day, compared to an average of 4.73M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, IVZ has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 5,405 shares. Over the last 12 months, there were 53 BUYs and 20 SELLs from insiders. Insiders purchased 20,628,725 shares during that period but sold 727,881.

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 dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Invesco Ltd. pays an annual dividend of $0.75, resulting in a dividend yield of 3.87%, and it has a price to earnings (P/E) ratio of 9.70. IVZ’s most recent ex-dividend date was 11/9/2022 when it declared a $0.1880 quarterly dividend that was paid in cash on 12/2/2022. Previously, the company paid the dividend on 9/2/2022 with an ex-dividend date of 8/11/2022. The IVZ stock dividend was $0.1880 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for IVZ in the last 3 months, the mean price target is $17.44 with high estimates of $22.00 and low estimates of $11.50. In terms of 52-week highs and lows, IVZ has a high of $25.24 and a low of $13.20.

As of this writing, IVZ has an earnings estimate of $0.33 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.39 per share and a lower estimate of $0.3. The company reported an EPS of $0.39 in the last quarter, which was -27.80% lower than expectations of $0.54.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 17 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 Underweight with a score of 3.18. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 14 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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