In the latest trading session, 1.85 million Invesco Ltd (NYSE:IVZ) shares changed hands as the company’s beta touched 1.43. With the company’s most recent per share price at $18.24 changing hands around $0.22 or 1.23% at last look, the market valuation stands at $8.21B. IVZ’s current price is a discount, trading about -3.02% off its 52-week high of $18.79. The share price had its 52-week low at $12.48, which suggests the last value was 31.58% up since then. When we look at Invesco Ltd’s average trading volume, we note the 10-day average is 4.0 million shares, with the 3-month average coming to 3.89 million.

Analysts gave the Invesco Ltd (IVZ) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.84. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended IVZ as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.

Invesco Ltd (NYSE:IVZ) trade information

Instantly IVZ is in green as seen in intraday trades today. With action 3.06%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 2.25%, with the 5-day performance at 3.06% in the green. However, in the 30-day time frame, Invesco Ltd (NYSE:IVZ) is 6.49% up. Looking at the short shares, we see there were 6.49 million shares sold at short interest cover period of 1.85 days.

The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need an upside of 8.8% from its recent market value. According to analyst projections, IVZ’s forecast low is 16 with 33 as the target high. To hit the forecast high, the stock’s price needs a -80.92% plunge from its current level, while the stock would need to tank 12.28% for it to hit the projected low.

Invesco Ltd (IVZ) estimates and forecasts

Data shows that the Invesco Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 25.11% over the past 6 months, a 10.60% in annual growth rate that is considerably higher than the industry average of 5.30%.

The 2024 estimates are for Invesco Ltd earnings to increase by 9.78%, but the outlook for the next 5-year period is at 12.29% per year.

IVZ Dividends

Invesco Ltd is expected to release its next quarterly earnings report on 2024-Oct-22. The 4.44% annual yield figure for the share gives it an annual dividend of 0.81. It is important to note, however, that the 4.44% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 5.25 per year.

Invesco Ltd (NYSE:IVZ)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 1.66% of Invesco Ltd shares while 89.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.62%. There are 89.12% institutions holding the Invesco Ltd stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 11.8763% of the shares, roughly 54.21 million IVZ shares worth $810.97 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.9274% or 49.88 million shares worth $746.18 million as of 2024-06-30.

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 13.24 shares estimated at $240.3 million under it, the former controlled 2.94% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.51% of the shares, roughly 11.31 shares worth around $205.37 million.