First American Bank raised its stake in shares of Invesco PLC by 2.6% in the first quarter. Capstone Asset Management Co. now owns 31,632 shares of the asset manager's stock valued at $1,113,000 after buying an additional 467 shares during the last quarter. Chevy Chase Trust Holdings Inc. owned 0.09% of Invesco PLC worth $12,334,000 as of its most recent SEC filing.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Magellan Asset Management holds 0.19% or 1.14M shares. Trust Department MB Financial Bank N A now owns 6,000 shares of the asset manager's stock worth $211,000 after buying an additional 3,000 shares in the last quarter.
American National Registered Investment Advisor Inc. continued to hold its position in Invesco PLC (NYSE:IVZ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The Cambridge Investment Research Advisors Inc holds 95,610 shares with $3.44M value, down from 110,373 last quarter. Global X Management Co. Kentucky Retirement Systems acquired a new stake in Invesco PLC during the fourth quarter valued at approximately $899,000. Highland Capital Management LLC now owns 140,341 shares of the asset manager's stock worth $4,299,000 after buying an additional 5,233 shares during the period. Mn Services Vermogensbeheer B.V. increased its stake in shares of Invesco PLC by 2.6% in the first quarter. The fund owned 133,755 shares of the asset manager's stock after buying an additional 1,200 shares during the period. Riverhead Capital Management LLC increased its position in shares of Invesco PLC by 1.3% in the second quarter.
Shares of Invesco PLC (NYSE:IVZ) traded up 1.34% during midday trading on Friday, hitting $33.99. The stock declined 2.86% or $0.99 reaching $33.58 per share. The stock touched 52-week High of $36.83 on 07/25/17 and 52-week Low of $27.46 on 11/02/16. The firm has a 50-day moving average of $35.33 and a 200 day moving average of $32.75. The firm has a market capitalization of $13.83 billion, a P/E ratio of 15.15 and a beta of 1.80.
Invesco PLC (NYSE:IVZ) last announced its quarterly earnings results on Thursday, July 27th. The asset manager reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.03. The business had revenue of $906.30 million during the quarter, compared to analysts' expectations of $891.19 million. Invesco PLC had a return on equity of 12.74% and a net margin of 18.98%. The business's quarterly revenue was up 4.5% compared to the same quarter a year ago. The firm's revenue was up 4.5% compared to the same quarter past year. Invesco PLC's dividend payout ratio (DPR) is now 52.02%.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Thursday, August 17th will be paid a $0.29 dividend. Barclays Capital maintained the stock with "Overweight" rating in Tuesday, August 9 report. 1 and 2 is equivalent to a buy rating, 3 a hold rating, and 4 and 5 a sell rating. Invesco PLC's payout ratio is 52.02%.
ILLEGAL ACTIVITY NOTICE: This report was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of global trademark and copyright laws. The correct version of this story can be accessed at https://rinconhillneighbors.org/2017/08/12/invesco-plc-nyseivz-downgraded-to-hold-at-bidaskclub-updated.html. Toronto Dominion Natl Bank reported 0.01% of its portfolio in Invesco Ltd. (NYSE:IVZ). Jefferies Group LLC restated a buy rating and set a $41.00 price objective on shares of Invesco PLC in a report on Sunday, July 30th. They set an "outperform" rating and a $41.00 price target on the stock. Jefferies Group LLC reaffirmed a "buy" rating and issued a $35.00 target price on shares of Invesco PLC in a report on Wednesday, May 17th. ValuEngine upgraded Invesco PLC from a "hold" rating to a "buy" rating in a report on Friday, June 9th. Finally, Zacks Investment Research cut shares of Invesco PLC from a "buy" rating to a "hold" rating in a research report on Tuesday, August 1st.
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TRADEMARK VIOLATION WARNING: "Invesco PLC's (NYSE:IVZ) Buy Rating Reaffirmed at Jefferies Group LLC" was originally published by Stock Observer and is the sole property of of Stock Observer. The value of the investment in (IVZ) increased from $20,620,000 to $23,288,000 a change of $2,668,000 since the last quarter. The Company provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives.