Invesco Ltd. (IVZ) has been a focal point across the financial sector with several fund/managers adjusting their positions. Franklin Resources increased their IVZ stock positions, while Bank of Nova Scotia and American Century Companies trimmed theirs. Norges Bank took a position of $57.46 Million in IVZ. Sterling Capital Management and Cerity Partners LLC also significantly grew their stake. Efforts for expansion are observable; Invesco launched the
Invesco QQQ 15 Index and
IVZ SteelPath MLP & Energy Infrastructure ETF, possibly signalling IVZ's emphasis on ETF growth. However, IVZ has had turbulent earnings with expectations of growth, yet demonstrating
subdued AUM performance potentially impacting their Q1s. This was further instilled by asset under management reports repeatedly announced by the firm. Despite influxes like an $11B long-term inflow in November, IVZ was hit by a significant market drop of $60B and experienced a noticeable dip. Furthermore, the
firm's price target was repeatedly cut by analysts from various banks including JPMorgan and Morgan Stanley. In terms of dividends, IVZ has had a turbulent time, with cuts and halt of Guaranteed Monthly Payouts. To counteract this, the firm announced dividends for its closed-end fund investors.
Invesco Ltd IVZ News Analytics from Wed, 10 Jul 2024 20:15:25 GMT to Sat, 19 Apr 2025 16:42:30 GMT -
Rating -3
- Innovation -1
- Information 5
- Rumor -7
