Invesco Ltd. [IVZ] stock Downgrade by Keefe Bruyette analyst, price target now $25

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Invesco Ltd. [NYSE: IVZ] stock went on a downward path that fall over -3.57% on Wednesday, amounting to a one-week price decrease of less than -14.59%. The company report on May 10, 2022 that Invesco Ltd. Announces April 30, 2022 Assets Under Management.

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Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,476.1 billion, a decrease of 5.1% versus previous month-end. The firm experienced net long-term outflows of $1.3 billion in the month. Non-management fee earning net outflows were $1.4 billion and money market net inflows were $15.2 billion. AUM was negatively impacted by unfavorable market returns which decreased AUM by $79 billion. Reinvested distributions increased AUM by $0.1 billion and FX decreased AUM by $13.2 billion. Preliminary average total AUM for the quarter through April 30 were $1,519.8 billion, and preliminary average active AUM for the quarter through April 30 were $1,023.6 billion.

Over the last 12 months, IVZ stock dropped by -35.38%. The one-year Invesco Ltd. stock forecast points to a potential upside of 26.36.

The market cap for the stock reached $7.92 billion, with 459.77 million shares outstanding and 368.83 million shares in the current float. Compared to the average trading volume of 4.97M shares, IVZ stock reached a trading volume of 4909854 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Invesco Ltd. [IVZ]:

Keefe Bruyette have made an estimate for Invesco Ltd. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on April 12, 2022. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $29 to $27. The new note on the price target was released on January 26, 2022, representing the official price target for Invesco Ltd. stock. Previously, the target price had yet another drop from $28 to $25, while Evercore ISI kept a In-line rating on IVZ stock. On January 26, 2022, analysts decreased their price target for IVZ shares from 38 to 37.

The Average True Range (ATR) for Invesco Ltd. is set at 0.85, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 1.15. The Price to Book ratio for the last quarter was 0.69, with the Price to Cash per share for the same quarter was set at 2.82. Price to Free Cash Flow for IVZ in the course of the last twelve months was 27.29.

IVZ Stock Performance Analysis:

Invesco Ltd. [IVZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.59. With this latest performance, IVZ shares dropped by -20.67% in over the last four-week period, additionally sinking by -34.49% over the last 6 months – not to mention a drop of -35.38% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IVZ stock in for the last two-week period is set at 30.29, with the RSI for the last a single of trading hit 26.39, and the three-weeks RSI is set at 33.41 for Invesco Ltd. [IVZ]. The present Moving Average for the last 50 days of trading for this stock 20.64, while it was recorded at 17.95 for the last single week of trading, and 23.21 for the last 200 days.

Insight into Invesco Ltd. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Invesco Ltd. [IVZ] shares currently have an operating margin of +27.76 and a Gross Margin at +66.41. Invesco Ltd.’s Net Margin is presently recorded at +23.25.

Return on Equity for this stock inclined to 10.92, with Return on Assets sitting at 4.71.

IVZ Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IVZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Invesco Ltd. go to 1.34%.

Invesco Ltd. [IVZ] Insider Position Details

There are presently around $5,251 million, or 88.30% of IVZ stock, in the hands of institutional investors. The top three institutional holders of IVZ stocks are: VANGUARD GROUP INC with ownership of 45,720,418, which is approximately 3.58% of the company’s market cap and around 1.50% of the total institutional ownership; TRIAN FUND MANAGEMENT, L.P., holding 45,473,859 shares of the stock with an approximate value of $803.52 million in IVZ stocks shares; and BLACKROCK INC., currently with $630.52 million in IVZ stock with ownership of nearly -7.354% of the company’s market capitalization.

Positions in Invesco Ltd. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 259 institutional holders increased their position in Invesco Ltd. [NYSE:IVZ] by around 30,166,628 shares. Additionally, 274 investors decreased positions by around 27,399,853 shares, while 89 investors held positions by with 239,603,206 shares. The mentioned changes placed institutional holdings at 297,169,687 shares, according to the latest SEC report filing. IVZ stock had 68 new institutional investments in for a total of 3,627,915 shares, while 63 institutional investors sold positions of 8,809,456 shares during the same period.