Quantinno Capital Management LP Has $38.25 Million Holdings in Invesco Ltd. $IVZ

Quantinno Capital Management LP grew its holdings in shares of Invesco Ltd. (NYSE:IVZ) by 24.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,574,728 shares of the asset manager’s stock after buying an additional 306,213 shares during the period. Quantinno Capital Management LP’s holdings in Invesco were worth $38,250,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. SJS Investment Consulting Inc. lifted its position in shares of Invesco by 80.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,207 shares of the asset manager’s stock valued at $29,000 after acquiring an additional 537 shares during the period. American National Bank & Trust acquired a new stake in shares of Invesco in the 4th quarter valued at about $31,000. Larson Financial Group LLC increased its position in Invesco by 61.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,466 shares of the asset manager’s stock valued at $34,000 after buying an additional 558 shares in the last quarter. Torren Management LLC bought a new stake in Invesco in the 4th quarter valued at about $44,000. Finally, Root Financial Partners LLC raised its stake in Invesco by 28.2% during the 4th quarter. Root Financial Partners LLC now owns 1,702 shares of the asset manager’s stock worth $45,000 after buying an additional 374 shares during the period. Institutional investors and hedge funds own 66.09% of the company’s stock.

Invesco Price Performance

IVZ stock opened at $29.43 on Friday. The company has a market capitalization of $13.05 billion, a P/E ratio of -43.28, a price-to-earnings-growth ratio of 0.46 and a beta of 1.62. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.45 and a current ratio of 1.45. Invesco Ltd. has a 52-week low of $20.08 and a 52-week high of $31.02. The business has a 50-day simple moving average of $28.17 and a two-hundred day simple moving average of $26.68.

Invesco (NYSE:IVZ) last issued its quarterly earnings data on Tuesday, July 28th. The asset manager reported $0.71 EPS for the quarter, topping the consensus estimate of $0.67 by $0.04. Invesco had a positive return on equity of 12.03% and a negative net margin of 0.93%.The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the business posted $0.36 earnings per share. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. Research analysts expect that Invesco Ltd. will post 2.8 EPS for the current fiscal year.

Invesco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Friday, August 14th will be issued a dividend of $0.215 per share. The ex-dividend date is Friday, August 14th. This represents a $0.86 annualized dividend and a yield of 2.9%. Invesco’s dividend payout ratio is -126.47%.

Wall Street Analysts Forecast Growth

IVZ has been the topic of several recent research reports. Royal Bank Of Canada increased their price target on Invesco from $33.00 to $35.00 and gave the stock an “outperform” rating in a report on Wednesday. Barclays upped their target price on Invesco from $31.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Argus reiterated a “hold” rating on shares of Invesco in a report on Wednesday, April 29th. Weiss Ratings raised shares of Invesco from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Finally, Evercore set a $32.00 price target on shares of Invesco in a research note on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $29.88.

About Invesco

Invesco Ltd. is an independent global investment management firm headquartered in Atlanta, Georgia, and publicly traded on the New York Stock Exchange (NYSE: IVZ). With origins dating back to 1935, the company is dedicated to offering a wide array of investment strategies and solutions to both individual and institutional clients worldwide.

The firm’s product suite encompasses actively managed equity and fixed income funds, passive index funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts, alongside specialized offerings such as private markets, real estate, and structured products.