Invesco Ltd. (NYSE:IVZ) registered a -1.63% decrease, still its new closing price is 30.62% up from the company’s 1 year high of 33.34.It posted -3.31% losses in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 15 stock analysts following this company have an average price target at $33.58, with individual PT in the $30.00-$38.00 range. The shares moved at $29.51, implying that brokerage firms see shares gaining about 7.41% in twelve months time.
Invesco Ltd. (IVZ) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.74% fall year to date. A Senior Managing Director at Invesco Ltd. (IVZ) offloaded shares in a transaction closed on Monday December 05, 2016. Kelley Karen Dunn sold 157,615 shares in the company at $31.56 each and collected $4,974,000 in proceeds. Kelley Karen Dunn now owns 721,989 shares in the company after this transaction. A Senior Managing Director in the company, Taylor Philip, disclosed a transaction on Monday November 28, 2016 that ended up generating $4,386,000 from the sale of 140,000 shares at $31.33 per share.
Invesco Ltd. (NYSE:IVZ) Upcoming Results on Tap
Invesco Ltd. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.55 in that period. Sales during the quarter are predicted to arrive at $850.17 million.
Earnings surprise history: Last quarter, the company posted approximately $863.8 million in revenue and EPS of $0.59. The mean forecast was for $850.87 million and $0.58 a share, respectively. One quarter earlier, revenue for the stock was at $854.7 million, with earnings at $0.60/share.
Invesco Ltd. (IVZ) Brokerage Update
Invesco Ltd. (IVZ) is in Deutsche Bank’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Deutsche Bank, according to news reported on Friday October 14, 2016.Another important research note was issued by Citigroup on Monday June 27, 2016.The firm downgraded IVZ to Neutral from Buy. Over the last six months and over the last three months, the shares of Invesco Ltd. (IVZ), have changed 3.97% and 0.29%, respectively.