As Invesco LTD (IVZ) Shares Declined, Shareholder Bank Of The West Increased Its Stake

June 27, 2018 - By Don Salinas

Invesco Ltd. (NYSE:IVZ) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 1.11. That’s change of 0.20, from 2017Q4’s 1.31. 54 investors sold all, 165 reduced holdings as IVZ ratio worsened. 188 grew holdings while 56 funds amassed holdings. Funds hold 300.52 million shares thus 2.47% less from 2017Q4’s 308.14 million shares. Whittier invested 0% in Invesco Ltd. (NYSE:IVZ). Maltese Capital Mgmt Ltd Llc accumulated 199,100 shs or 0.43% of the stock. Synovus Fin Corp, Georgia-based fund reported 16,812 shs. Valley National Advisers Inc invested in 0% or 310 shs. Zwj Inv Counsel reported 2.06% stake. Cibc Ww invested in 0.02% or 52,779 shs. 6,260 are held by Srb Corp. National Bank & Trust Of Ny Mellon Corp owns 10.12M shs. Cullen Frost Bankers invested in 0.01% or 6,807 shs. Mutual Of Omaha Bankshares Wealth stated it has 24,899 shs. 37,430 are owned by Convergence Investment Prns Limited Liability Corp. E&G Advisors Limited Partnership reported 8,500 shs. Tci Wealth Advsr Inc reported 219 shs stake. Brookstone Capital Management owns 158,898 shs or 0.46% of their US capital. Utd Asset Strategies owns 62,541 shs for 0.59% of their capital.

IVZ had 3 sales and 1 insider purchase since February 15, 2018. This’s net activity of $14.91 million. On Monday, March 12 the insider FLANAGAN MARTIN L sold $14.01 million. Shares for $98,960 were bought by Beshar Sarah. On Thursday, February 15 the insider CAROME KEVIN M sold $834,500.

Based on the latest 2018Q1 regulatory filing with the SEC, Bank Of The West increased its stake in Invesco Ltd (IVZ) by 51.32%. The company’s stock declined 16.52% with the market as Bank Of The West bought 113,534 shares. The institutional investor is holding 334,742 shares, compared to the 221,208 from the previous quarter. And the announced value of the investment managers company is $10.72M for the 2018Q1. Bank Of The West has cut its stake in Dbx Etf Tr (DBEU) and also reduced its holding in Discover Finl Svcs (NYSE:DFS) by 42,944 shares in the quarter, for a total of 3,970 shares.

There’s an important Invesco Ltd. (NYSE:IVZ) news brought out by Seekingalpha.com. It’s an article titled: “Like ETFs? Invest In Invesco” on June 21, 2018.

Invesco Ltd. (NYSE:IVZ) Ratings Coverage

In total 10 analysts cover Invesco (NYSE:IVZ). “Buy” rating has 6, “Sell” are 0, while 4 are “Hold”. 60% are bullish. With $45.0 highest and $31 lowest PT Invesco has $38 average PT or 39.94% above the current ($27.155) price. 14 are the (NYSE:IVZ)’s analyst reports since January 3, 2018 according to StockzIntelligence Inc. On Wednesday, April 11 the stock of Invesco Ltd. (NYSE:IVZ) has “Buy” rating given by Jefferies. The company rating was downgraded by Bank of America on Monday, January 8. On Friday, January 19 the rating was downgraded by Citigroup to “Hold”. On Tuesday, April 10 the firm has “Equal-Weight” rating by Morgan Stanley given. On Tuesday, February 13 Deutsche Bank upgraded the shares of IVZ in report to “Buy” rating. In Thursday, February 1 report Credit Suisse upgraded the stock to “Outperform” rating. On Tuesday, April 10 the stock of Invesco Ltd. (NYSE:IVZ) earned “Buy” rating by Keefe Bruyette & Woods. The company rating was maintained by UBS on Thursday, May 24. In Wednesday, February 7 report Morgan Stanley maintained the stock with “Equal-Weight” rating. The company rating was maintained by Jefferies on Wednesday, January 10.

Invesco Ltd. (NYSE:IVZ) Analyst Ratings Chart

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