Invesco Ltd. (NYSE:IVZ) is at least 26.98% than its current record low price of $15.38. There was a -2.64% decline on 7/25/2019 that led the price to move at $19.53. At a recent session, the prices were hovering between $19.09 and $20.33. This company shares are 15.77% off its target price of $22.61 and the current market capitalization stands at $7.79B. The recent change has given its price a -3.99% deficit over SMA 50 and -29.21% deficit over its 52-week high. The stock witnessed -2.4% declines, -10.98% declines and 3.99% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found IVZ’s volatility during a week at 3.05% and during a month it has been found around 2.21%.
What Does Invesco Ltd. (IVZ) Do?
The company describes itself in regulatory filings as, “Invesco Ltd. engages as an independent global investment management firm. It operates through Investment Management segment. The firm offers a range of single-country, regional, and global capabilities across major equity, fixed income and alternative asset classes, delivered through a diverse set of investment vehicles. The company was founded in December 1935 and is headquartered in Atlanta, GA.” [Text can be found here: https://www.marketwatch.com/investing/stock/IVZ/profile under company description.]Invesco Ltd. (IVZ) Top Holders
Institutional investors currently hold around $6.24 billion or 86.89% in IVZ stock. Look at its top three institutional owners: Vanguard Group Inc owns $900.46 million in Invesco Ltd., which represents roughly 11.56% of the company’s market cap and approximately 14.43% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 36,286,388 shares of the stock are valued at $727.91 million. The third largest holder is State Street Corp, which currently holds $376.94 million worth of this stock and that ownership represents nearly 4.84% of its market capitalization.Invesco Ltd. 13F Filings
At the end of March reporting period, 271 institutional holders increased their position in Invesco Ltd. (NYSE:IVZ) by some 23,896,513 shares, 257 decreased positions by 39,649,293 and 67 held positions by 247,634,424. That puts total institutional holdings at 311,180,230 shares, according to SEC filings. The stock grabbed 64 new institutional investments totaling 3,096,809 shares while 77 institutional investors sold out their entire positions totaling 12,994,437 shares.Invesco Ltd. (NYSE:IVZ) Insider Trades
Multiple company employees have indulged in significant insider trading. Invesco Ltd. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director WAGONER G RICHARD JR has acquired 10,000 shares of Invesco Ltd. (IVZ) in the trading session dated Jun. 07, 2019. These shares are worth $207,100 and were traded at $20.71 each. The SEC filing shows that CANION ROD performed a purchase of 10,000 shares. The Director added these shares by way of transaction on May. 13, 2019. The company’s shares were assimilated at $19.84 per share worth to an investment of some $198,400 to the account of CANION ROD.
Director, Johnson Ben F. III, purchased 10,000 common shares of Invesco Ltd. (IVZ) in the open market. In a transaction dated May. 02, 2019, the shares were bought at an average price of $21.37, giving away a sum of $213,700. After this purchase, 54,618 common shares of IVZ are directly owned by the insider, with total stake valued at $1,066,690.
In the transaction dated May. 02, 2019, a great number of shares acquired came courtesy the Director; CANION ROD added a total of 10,000 shares at an average price of $21.24, amounting to approximately $212,400. The insider now directly owns 96,116 shares worth $1,877,146.Invesco Ltd. (IVZ) Analyst Guide
Several analysts have released their opinion on Invesco Ltd. (NYSE:IVZ), with 1 analysts believing it is a strong buy. Whereas 12 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.88 average brokerage recommendation [T1].