Cwm LLC Has $25.23 Million Stake in Invesco PLC (NYSE:IVZ)

Cwm LLC increased its stake in shares of Invesco PLC (NYSE:IVZ) by 0.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 716,824 shares of the asset manager’s stock after buying an additional 975 shares during the period. Invesco PLC comprises approximately 1.3% of Cwm LLC’s holdings, making the stock its 26th largest position. Cwm LLC’s holdings in Invesco PLC were worth $25,225,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IVZ. Mn Services Vermogensbeheer B.V. boosted its stake in shares of Invesco PLC by 502.9% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 65,687 shares of the asset manager’s stock worth $2,312,000 after buying an additional 54,792 shares in the last quarter. St. Johns Investment Management Company LLC boosted its stake in shares of Invesco PLC by 6.4% in the second quarter. St. Johns Investment Management Company LLC now owns 18,231 shares of the asset manager’s stock worth $642,000 after buying an additional 1,092 shares in the last quarter. Chevy Chase Trust Holdings Inc. boosted its stake in shares of Invesco PLC by 0.8% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 350,505 shares of the asset manager’s stock worth $12,334,000 after buying an additional 2,613 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Invesco PLC by 11.1% in the second quarter. State of Alaska Department of Revenue now owns 7,380 shares of the asset manager’s stock worth $259,000 after buying an additional 740 shares in the last quarter. Finally, Cullinan Associates Inc. boosted its stake in shares of Invesco PLC by 4.3% in the second quarter. Cullinan Associates Inc. now owns 158,300 shares of the asset manager’s stock worth $5,571,000 after buying an additional 6,550 shares in the last quarter. Institutional investors and hedge funds own 79.83% of the company’s stock.

Shares of Invesco PLC (IVZ) traded up 0.17% on Monday, hitting $36.17. 1,926,089 shares of the stock were exchanged. The company has a 50-day moving average price of $33.32 and a 200-day moving average price of $31.84. Invesco PLC has a one year low of $27.07 and a one year high of $36.63. The firm has a market capitalization of $14.72 billion, a PE ratio of 16.46 and a beta of 1.81.

Invesco PLC (NYSE:IVZ) last announced its earnings results on Thursday, April 27th. The asset manager reported $0.61 EPS for the quarter, topping the consensus estimate of $0.56 by $0.05. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.22 billion. Invesco PLC had a net margin of 18.94% and a return on equity of 12.51%. Invesco PLC’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS. Equities research analysts expect that Invesco PLC will post $2.54 earnings per share for the current year.

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IVZ has been the subject of a number of recent research reports. Jefferies Group LLC reiterated a “buy” rating and issued a $33.00 price objective on shares of Invesco PLC in a report on Thursday, April 6th. Zacks Investment Research upgraded shares of Invesco PLC from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a report on Tuesday, July 4th. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $36.00 price objective on shares of Invesco PLC in a report on Sunday, July 2nd. BidaskClub upgraded shares of Invesco PLC from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Finally, ValuEngine upgraded shares of Invesco PLC from a “hold” rating to a “buy” rating in a report on Friday, June 9th. Two research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $36.96.

In related news, insider Philip Taylor sold 60,000 shares of Invesco PLC stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $32.40, for a total transaction of $1,944,000.00. Following the completion of the sale, the insider now owns 146,222 shares of the company’s stock, valued at approximately $4,737,592.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.80% of the company’s stock.

About Invesco PLC

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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Institutional Ownership by Quarter for Invesco PLC (NYSE:IVZ)

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