Invesco Ltd Common Stock (NYSE:IVZ):
Invesco Receives Highest Ranking for Digital Presence Among Industry Peers.
The company is down from yesterday’s close of $29.1.
The company also announced a dividend which was paid on Friday the 2nd of September 2016. The dividend was $0.280 per share for the quarter which is $1.12 annualized. This dividend represents a yeild of $3.77 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Tuesday the 16th of August 2016.
The stock is trading at $28.54 which is marginally under the 50 day moving average which is $30.48 and marginally under the 200 day moving average of $29.60. The 50 day moving average went down by -6.36% and the 200 day average went down by -3.58%.
The most current P/E ratio is 14.41 and the market cap is 11.70B. In the latest earnings report the EPS was $1.98 and is projected to be $2.27 for the current year with 409,916,000 shares currently outstanding. Next quarter’s EPS is expected be $0.63 and the next full year EPS is projected to be $2.67.
Wall Street investment firms have weighed in on the stock recently. On October 14 the stock rating was downgraded to “Hold” from “Buy” with a current price target of $32.00 in a report from Deutsche Bank. On October 14 Keefe Bruyette & Woods held the company rating at “Hold” and lowered the price target to $32.00 from $35.00.
Deutsche Bank downgraded the stock and lowered the price target on October 14 changing the price objective from $36.00 to $32.00 and altering the rating from “Buy” to “Hold”. October 11 investment analysts at Jefferies kept the company rating at “Buy” but raised the price target from $30.00 to $37.00.
On October 5 Deutsche Bank kept the stock rating at “Buy” and raised the price expectation to $36.00 from $35.00. On October 4 Citigroup made no change to the stock rating of “Neutral” and moved down the price target from $35.00 to $33.00.