12,234 Shares in Invesco Ltd. (NYSE:IVZ) Acquired by Natixis Advisors LLC

Natixis Advisors LLC bought a new position in shares of Invesco Ltd. (NYSE:IVZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,234 shares of the asset manager’s stock, valued at approximately $214,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVZ. Bank of New York Mellon Corp grew its holdings in shares of Invesco by 4.5% during the fourth quarter. Bank of New York Mellon Corp now owns 2,613,488 shares of the asset manager’s stock worth $45,684,000 after purchasing an additional 113,451 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Invesco during the 4th quarter valued at about $735,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Invesco during the 4th quarter valued at $424,000. Massachusetts Mutual Life Insurance Co. bought a new position in shares of Invesco during the 3rd quarter worth about $1,428,196,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Invesco by 41.9% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,065 shares of the asset manager’s stock valued at $867,000 after acquiring an additional 14,489 shares in the last quarter. Institutional investors own 66.09% of the company’s stock.

Invesco Price Performance

Shares of Invesco stock opened at $15.20 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 4.91 and a quick ratio of 4.91. Invesco Ltd. has a one year low of $14.16 and a one year high of $19.55. The business’s 50 day simple moving average is $17.14 and its two-hundred day simple moving average is $17.41. The stock has a market capitalization of $6.80 billion, a P/E ratio of 12.88, a price-to-earnings-growth ratio of 0.98 and a beta of 1.43.

Invesco (NYSE:IVZ) last issued its earnings results on Tuesday, January 28th. The asset manager reported $0.52 EPS for the quarter, topping the consensus estimate of $0.51 by $0.01. Invesco had a net margin of 12.77% and a return on equity of 8.18%. Analysts forecast that Invesco Ltd. will post 1.87 EPS for the current year.

Invesco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 5.40%. The ex-dividend date of this dividend was Friday, February 14th. Invesco’s dividend payout ratio (DPR) is 69.49%.

Analyst Upgrades and Downgrades

IVZ has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on Invesco from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Thursday, February 6th. Royal Bank of Canada began coverage on Invesco in a research report on Tuesday, January 28th. They set a “sector perform” rating and a $19.00 price target on the stock. The Goldman Sachs Group increased their target price on Invesco from $19.00 to $20.75 and gave the stock a “neutral” rating in a research report on Wednesday, January 29th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $20.00 price objective (up previously from $18.00) on shares of Invesco in a research note on Wednesday, January 29th. Finally, BMO Capital Markets boosted their price objective on Invesco from $19.00 to $21.00 and gave the stock a “market perform” rating in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, Invesco currently has a consensus rating of “Hold” and a consensus price target of $19.94.

Invesco Company Profile

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.