Media coverage about Invesco (NYSE:IVZ) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Invesco earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the asset manager an impact score of 47.2578204979662 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s analysis:
- Tracking the Indicators on Shares of Invesco Plc (IVZ) – Clawson News (clawsonnews.com)
- Stocks With Rising Relative Strength: Invesco (finance.yahoo.com)
- Invesco (IVZ) Given a $47.00 Price Target by Royal Bank of Canada Analysts (americanbankingnews.com)
- Harvest Properties and Invesco Complete the Sale of Towers @ 2nd in Downtown San Jose (finance.yahoo.com)
- Invesco Ltd. Announces November 30, 2017 Assets Under Management (finance.yahoo.com)
A number of equities analysts recently weighed in on the stock. Barclays assumed coverage on shares of Invesco in a research note on Friday, September 8th. They issued an “overweight” rating and a $38.00 target price for the company. Citigroup upped their target price on shares of Invesco from $38.50 to $39.50 and gave the stock a “buy” rating in a research note on Tuesday, October 3rd. ValuEngine raised shares of Invesco from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. UBS upped their target price on shares of Invesco from $36.00 to $37.00 and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Finally, Royal Bank of Canada reaffirmed a “buy” rating and issued a $41.00 target price on shares of Invesco in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company’s stock. Invesco has an average rating of “Buy” and a consensus target price of $39.00.
Shares of Invesco (IVZ) traded up $0.25 during trading hours on Monday, reaching $36.81. 2,315,769 shares of the company’s stock traded hands, compared to its average volume of 2,723,350. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.75. Invesco has a 52-week low of $28.75 and a 52-week high of $37.85. The company has a market cap of $14,882.77, a PE ratio of 14.34, a PEG ratio of 1.15 and a beta of 1.81.
Invesco (NYSE:IVZ) last issued its quarterly earnings results on Thursday, October 26th. The asset manager reported $0.71 EPS for the quarter, topping the consensus estimate of $0.66 by $0.05. Invesco had a net margin of 18.99% and a return on equity of 13.02%. The firm had revenue of $976.60 million for the quarter, compared to analysts’ expectations of $940.96 million. During the same period in the previous year, the firm posted $0.60 EPS. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. research analysts expect that Invesco will post 2.66 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, December 4th. Shareholders of record on Tuesday, November 14th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Monday, November 13th. This represents a $1.16 annualized dividend and a yield of 3.15%. Invesco’s dividend payout ratio (DPR) is presently 50.44%.
In other Invesco news, insider Colin Meadows sold 54,215 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $36.01, for a total transaction of $1,952,282.15. Following the sale, the insider now directly owns 164,420 shares of the company’s stock, valued at approximately $5,920,764.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.80% of the company’s stock.
Invesco Company Profile
Invesco Ltd. (Invesco) is an independent investment management company. 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. It has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific.
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