Many recent summaries of
Invesco Ltd. (NYSE:IVZ) contain a mixture of positive and negative news. Invesco saw a
38.8% decrease in short interest in April and it released information regarding its
Assets Under Management (AUM) in the first quarter of 2024. Swiss National Bank and Truist Financial Corp adjusted their stakes in the company, with the former acquiring 663100 shares while the latter reducing its engagement. The company's stocks have been underperforming if compared to competitors, despite some daily gains registered. Invesco's AUM saw a decrease of 2.3% in April, impacted by unfavorable market conditions and FX issues. Despite underperforming in the stock market, Invesco announced an
increase of its dividend to $0.205. The company had a mixed Q4 amidst market challenges, a miss on Q1 earnings, year-over-year revenue decline, but it surpassed Q1 estimates. Furthermore, Invesco's stocks are regarded as a strong growth stock, a top value stock for long-term and a good pick for total-return investors.
Invesco Ltd IVZ News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Sun, 12 May 2024 18:12:41 GMT -
Rating 0
- Innovation 0
- Information 8
- Rumor -3
