News articles about Invesco PLC (NYSE:IVZ) have been trending positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Invesco PLC earned a news impact score of 0.25 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 88 out of 100, indicating that recent news coverage is very likely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Ensco Plc (ESV) Stock Rating Upgraded by Piper Jaffray Companies (hoyentv.com)
- Financial Name Yields 3.4%; Turnaround Story Intact? (finance.yahoo.com)
- Invesco Grows Distribution Network, Adds PowerShares ETFs to Pershing’s New No-Transaction-Fee ETF Platform FundVest® ETF (finance.yahoo.com)
- FY2017 EPS Estimates for Invesco PLC Increased by Analyst (IVZ) (americanbankingnews.com)
- The ValuEngine Upgrades Invesco PLC (IVZ) to “Buy” (footballhebdo.com)
IVZ has been the subject of a number of research reports. BidaskClub raised Invesco PLC from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. ValuEngine raised Invesco PLC from a “hold” rating to a “buy” rating in a report on Friday, June 9th. Citigroup Inc. raised Invesco PLC from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $35.00 to $37.50 in a report on Monday, June 5th. Jefferies Group LLC lifted their target price on Invesco PLC from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, April 17th. Finally, Goldman Sachs Group, Inc. (The) upgraded Invesco PLC from a “neutral” rating to a “conviction-buy” rating and lifted their price target for the company from $30.00 to $37.00 in a research report on Wednesday, March 15th. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Invesco PLC has an average rating of “Buy” and a consensus target price of $35.75.
Invesco PLC (IVZ) traded down 0.93% during trading on Tuesday, reaching $35.07. The company’s stock had a trading volume of 1,792,940 shares. Invesco PLC has a 52 week low of $23.01 and a 52 week high of $35.48. The company has a market capitalization of $14.27 billion, a PE ratio of 15.96 and a beta of 1.81. The company has a 50 day moving average price of $32.75 and a 200-day moving average price of $31.67.
Invesco PLC (NYSE:IVZ) last posted its quarterly earnings data on Thursday, April 27th. The asset manager reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.05. Invesco PLC had a return on equity of 12.51% and a net margin of 18.94%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the firm earned $0.49 earnings per share. The business’s revenue was down .2% on a year-over-year basis. Equities research analysts anticipate that Invesco PLC will post $2.50 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 2nd. Stockholders of record on Friday, May 12th were issued a dividend of $0.29 per share. This is a boost from Invesco PLC’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Wednesday, May 10th. This represents a $1.16 annualized dividend and a dividend yield of 3.31%. Invesco PLC’s dividend payout ratio (DPR) is 52.97%.
In other news, insider Philip Taylor sold 60,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The stock was sold at an average price of $32.40, for a total transaction of $1,944,000.00. Following the sale, the insider now owns 146,222 shares in the company, valued at $4,737,592.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.80% of the stock is owned by company insiders.
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Invesco PLC Company Profile
Invesco Ltd. (Invesco) is an independent investment management company. The Company provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. It has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific.
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