Invesco Ltd. [NYSE: IVZ] price surged by 3.81 percent to reach at $0.72. The company report on December 12, 2022 that Invesco Ltd. Announces November 30, 2022 Assets Under Management.
Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,437.9 billion, an increase of 5.7% versus previous month-end. The firm experienced net long-term inflows of $1.3 billion in the month. Non-management fee earning net inflows were $3.7 billion and money market net inflows were $8.0 billion. AUM was positively impacted by favorable market returns which increased AUM by $55 billion. FX increased AUM by $9.4 billion. Preliminary average total AUM for the quarter through November 30 were $1,375.5 billion, and preliminary average active AUM for the quarter through November 30 were $939.2 billion.
A sum of 5626679 shares traded at recent session while its average daily volume was at 5.48M shares. Invesco Ltd. shares reached a high of $20.535 and dropped to a low of $19.35 until finishing in the latest session at $19.61.
The one-year IVZ stock forecast points to a potential downside of -22.56. The average equity rating for IVZ stock is currently 2.80, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Invesco Ltd. [IVZ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IVZ shares is $16.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IVZ stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Credit Suisse have made an estimate for Invesco Ltd. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on October 26, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Neutral. The new note on the price target was released on October 19, 2022, representing the official price target for Invesco Ltd. stock. Previously, the target price had yet another drop from $25 to $20, while BMO Capital Markets kept a Market Perform rating on IVZ stock.
The Average True Range (ATR) for Invesco Ltd. is set at 0.69, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 1.41. The Price to Book ratio for the last quarter was 0.82, with the Price to Cash per share for the same quarter was set at 2.23.
IVZ Stock Performance Analysis:
Invesco Ltd. [IVZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.94. With this latest performance, IVZ shares dropped by -0.81% in over the last four-week period, additionally plugging by 20.75% over the last 6 months – not to mention a drop of -14.07% 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 64.16, with the RSI for the last a single of trading hit 66.52, and the three-weeks RSI is set at 62.47 for Invesco Ltd. [IVZ]. The present Moving Average for the last 50 days of trading for this stock 16.85, while it was recorded at 18.74 for the last single week of trading, and 17.96 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 -11.87%.
Invesco Ltd. [IVZ] Insider Position Details
There are presently around $6,344 million, or 92.30% of IVZ stock, in the hands of institutional investors. The top three institutional holders of IVZ stocks are: TRIAN FUND MANAGEMENT, L.P. with ownership of 55,758,634, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 51,822,554 shares of the stock with an approximate value of $1.02 billion in IVZ stocks shares; and BLACKROCK INC., currently with $851.68 million in IVZ stock with ownership of nearly 9.156% of the company’s market capitalization.
Positions in Invesco Ltd. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 269 institutional holders increased their position in Invesco Ltd. [NYSE:IVZ] by around 37,776,817 shares. Additionally, 209 investors decreased positions by around 15,725,406 shares, while 94 investors held positions by with 270,004,069 shares. The mentioned changes placed institutional holdings at 323,506,292 shares, according to the latest SEC report filing. IVZ stock had 51 new institutional investments in for a total of 3,011,224 shares, while 64 institutional investors sold positions of 7,048,970 shares during the same period.