Market performance of
Invesco Ltd. (IVZ) is a
mixed bag with periods of underperformance and strong trading days. Several transactions were highlighted:
Norges Bank acquired a significant share holding, other prominent transactions included those by
Principal Financial Group, Trexquant Investment LP, PNC Financial Services Group, and Ontario Teachers Pension Plan Board.
Q2 and
Q4 2023 earnings beat estimates, showing increased revenues and assets under management. However, the firm incurred a
$1.2 Billion charge, causing a dip in the stock price even though ETF inflows remained high. AUM announcements for various 2024 quarters were made.
April dividends increased to
$0.205. Invesco's
March AUM rose by
2% amidst positive markets and inflows, but
April AUM declined by
2.3% due to unfavorable markets. Assessments from Zacks Research indicate
mixed forecasts for FY2024. A
robust financial performance was highlighted during the
Q1 2024 earnings call.
Invesco Ltd IVZ News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Thu, 30 May 2024 15:56:00 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor 2
