Invesco Ltd (IVZ) sees mixed performance amid recent market challenges. Despite its underperformance compared to its competitors, the company's July
Asset Under Management (AUM) rose by 4.1%. In response, the company has declared further increases in its dividend. This move was followed by First Trust Direct Indexing L.P. and Channing Capital Management LLC taking up positions in
Invesco Ltd.. To improve access for its investors, particularly Invesco's Japan-based investors, better access to its
ETFs is in the works. However, the company's stock dipped following a 'sell' rating from StockNews.com and failed to meet earnings and revenue estimates in Q1.
Despite this slump, the company has seen some success, with its
AUM experiencing consistent growth and an impressive 156% share price gain. The company's stock is regarded as a strong growth stock, even as it faces continued pressure on its revenues.
Invesco Ltd. holds a strong institutional backing with 62% ownership. Nevertheless, issues loom, such as a significant stock sell-off by the New York State Common Retirement Fund and significant share reductions by California Public Employees Retirement System and abrdn plc.
Invesco Ltd IVZ News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Wed, 08 May 2024 15:40:40 GMT -
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- Innovation -5
- Information 3
- Rumor -8