Invesco (NYSE:IVZ – Get Free Report) posted its quarterly earnings data on Tuesday. The asset manager reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35, Briefing.com reports. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Invesco had a net margin of […]
Invesco (NYSE:IVZ – Get Free Report) had its price objective reduced by stock analysts at The Goldman Sachs Group from $15.50 to $14.00 in a report released on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the asset manager’s stock. The Goldman Sachs Group’s price target indicates a potential upside of 10.94% […]
Invesco Ltd. (NYSE:IVZ – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 11,070,000 shares, a decline of 6.4% from the September 15th total of 11,830,000 shares. Currently, 2.5% of the shares of the stock are sold short. Based on […]
Invesco (NYSE:IVZ – Get Free Report) had its price target cut by equities researchers at Deutsche Bank Aktiengesellschaft from $16.00 to $15.00 in a report released on Wednesday, FlyOnTheWall reports. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 8.07% from the company’s previous close. A number of other brokerages have also weighed […]
Olstein Capital Management L.P. boosted its stake in shares of Invesco Ltd. (NYSE:IVZ – Free Report) by 12.0% during the second quarter, Holdings Channel reports. The fund owned 634,000 shares of the asset manager’s stock after acquiring an additional 68,000 shares during the period. Invesco makes up approximately 1.7% of Olstein Capital Management L.P.’s holdings, […]