Allianz Asset Management GmbH Grows Position in Invesco (NYSE:IVZ)

Marco Green
April 2, 2018

(SYMC)'s stock declined 9.92%. MML Investors Services LLC now owns 23,445 shares of the asset manager's stock worth $857,000 after purchasing an additional 2,240 shares during the period. The stock increased 0.75% or $0.3 during the last trading session, reaching $40.1. About 5.82M shares traded. It is up 0.00% since March 31, 2017 and is. It has outperformed by 11.62% the S&P500. Tower Bridge Advisors sold 7,385 shares as Invesco Ltd (IVZ)'s stock declined 14.41%. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of Invesco by 45.2% during the fourth quarter. Invesco Ltd now has $13.03 billion valuation. The stock increased 1.68% or $0.53 during the last trading session, reaching $32.01. Its up 2.93% from 7.45M shares previously.

Press coverage about Invesco (NYSE:IVZ) has been trending somewhat positive on Sunday, Accern reports. It has underperformed by 7.02% the S&P500.

Invesco (NYSE:IVZ) last released its quarterly earnings data on Wednesday, January 31st. They expect $0.69 earnings per share, up 13.11% or $0.08 from last year's $0.61 per share. IVZ's profit would be $280.94 million giving it 11.60 P/E if the $0.69 EPS is correct. The asset manager reported $0.73 EPS for the quarter, topping the consensus estimate of $0.70 by $0.03.

Tiedemann Wealth Management Llc decreased First Tr Energy Income & Grw (XFENX) stake by 16,855 shares to 304,324 valued at $8.07 million in 2017Q4. It also upped Lowe's Cos Inc (NYSE:LOW) stake by 3,671 shares and now owns 37,423 shares. Davita Inc (NYSE:DVA) was raised too. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.62%.

In related news, CEO Martin L. Flanagan sold 422,860 shares of the company's stock in a transaction that occurred on Thursday, March 15th. On Tuesday, February 27 the insider Beshar Sarah bought $98,960. Shareholders of record on Thursday, February 15th were given a dividend of $0.29 per share.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.06, from 1.25 in 2017Q3. It is positive, as 30 investors sold IVZ shares while 168 reduced holdings. 77 funds opened positions while 182 raised stakes. The investment managers in our database now hold: 9.06 million shares, down from 9.14 million shares in 2017Q3. Chemical Commercial Bank accumulated 58,829 shares. State Of Alaska Department Of Revenue has 0.05% invested in Invesco Ltd. (NYSE:IVZ) for 53,980 shares. Jane Street Grp Inc Lc reported 6,190 shares. 5,963 are held by Ibm Retirement Fund. 157,990 were reported by Citadel Advisors Limited Liability. Moreover, Nantahala Capital Management Llc has 0.15% invested in the company for 1.73 million shares. Tci Wealth holds 0.01% or 658 shares in its portfolio. Twin Capital Mgmt invested 0.13% in Invesco Ltd. (NYSE:IVZ). Federated Inc Pa accumulated 830,697 shares. Parametric Port Associates Ltd Liability Co holds 0.07% or 1.90 million shares in its portfolio. Maltese Capital Management Llc who had been investing in Invesco Ltd for a number of months, seems to be less bullish one the $13.03B market cap company. Employees Retirement Of Texas reported 0.01% of its portfolio in Invesco Ltd. (NYSE:IVZ). One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company's stock. Therefore 64% are positive. Invesco had 78 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of IVZ in report on Wednesday, October 11 with "Outperform" rating. The stock of Invesco Ltd. (NYSE:IVZ) has "Buy" rating given on Wednesday, January 31 by Keefe Bruyette & Woods. Jefferies has "Buy" rating and $30 target. Bremer Association stated it has 0.35% in Invesco Ltd. (NYSE:IVZ). The firm has "Hold" rating given on Friday, January 19 by Citigroup. Barclays Capital initiated Invesco Ltd. (NYSE:IVZ) rating on Friday, September 8. The company was downgraded on Thursday, September 28 by Goldman Sachs.

Several research analysts recently weighed in on IVZ shares. CAROME KEVIN M sold $834,500 worth of Invesco Ltd. (NYSE:IVZ) on Thursday, February 15. The firm has "Outperform" rating given on Friday, June 30 by RBC Capital Markets. Its up 0.06, from 0.86 in 2017Q3. It worsened, as 61 investors sold NWS shares while 215 reduced holdings. 974.61 million shares or 3.12% less from 1.01 billion shares in 2017Q3 were reported. Scotia holds 0.01% or 11,197 shares. Drw Securities Lc has invested 0.03% in Symantec Corporation (NASDAQ:SYMC). Lafayette Investments Inc., a Maryland-based fund reported 101,355 shares. Clark Estates Inc Ny owns 1.02 million shares or 0.33% of their USA portfolio. Ratan Capital Limited Partnership invested in 75,800 shares or 3.21% of the stock. Smithfield Trust Company reported 910 shares. Campbell & Inv Adviser Ltd Liability Company reported 12,031 shares stake. Kings Point Capital owns 1,000 shares. Nikko Asset Mgmt Americas reported 0% of its portfolio in News Corporation (NASDAQ:NWS). Whittier Tru Company Of Nevada holds 0.01% or 5,606 shares.

Since December 18, 2017, it had 0 buys, and 1 sale for $3.86 million activity. 2,500 Symantec Corporation (NASDAQ:SYMC) shares with value of $82,025 were sold by Vautrinot Suzanne M.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Click Lancashire

Discuss This Article