Stock Traders Buy Large Volume of Call Options on Invesco (NYSE:IVZ)

Key Points

• Traders bought 15,911 call options on Invesco—an increase of 218% versus the average—signaling unusually large bullish options activity.
• Shares fell 5.1% to $22.91 on Monday on above‑average volume (7.22M), trading below both its 50‑ and 200‑day moving averages.
• Invesco recently beat quarterly estimates (EPS $0.62 vs. $0.58; revenue $1.26B vs. $1.24B), pays a $0.84 annual dividend (~3.7% yield), and carries a consensus analyst rating of “Hold” with an average target of $28.25.

Invesco Ltd. (NYSE:IVZ - Get Free Report) saw unusually large options trading on Monday. Stock traders bought 15,911 call options on the stock. This represents an increase of 218% compared to the average volume of 4,998 call options.

Institutional Investors Weigh In On Invesco

A number of large investors have recently bought and sold shares of IVZ. Capital A Wealth Management LLC boosted its holdings in shares of Invesco by 4,802.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 1,667 shares of the asset manager's stock valued at $26,000 after acquiring an additional 1,633 shares during the last quarter. CNB Bank purchased a new position in shares of Invesco during the third quarter worth $26,000. Root Financial Partners LLC acquired a new position in Invesco during the third quarter valued at $30,000. Sentry Investment Management LLC purchased a new stake in Invesco in the third quarter valued at $30,000. Finally, American National Bank & Trust acquired a new stake in Invesco during the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 66.09% of the company's stock.

Invesco Stock Down 5.1%

Shares of Invesco stock traded down $1.23 on Monday, reaching $22.91. The stock had a trading volume of 7,224,490 shares, compared to its average volume of 5,753,490. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $10.17 billion, a P/E ratio of -14.29, a P/E/G ratio of 0.46 and a beta of 1.66. The company has a 50 day moving average price of $25.36 and a 200 day moving average price of $25.13. Invesco has a 1 year low of $11.60 and a 1 year high of $29.61.

Invesco (NYSE:IVZ - Get Free Report) last announced its earnings results on Tuesday, January 27th. The asset manager reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.04. Invesco had a negative net margin of 6.92% and a positive return on equity of 10.26%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same period last year, the firm earned $0.52 earnings per share. Invesco's revenue was up 6.1% compared to the same quarter last year. As a group, equities research analysts forecast that Invesco will post 1.87 EPS for the current year.

Invesco Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 13th were paid a $0.21 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.84 dividend on an annualized basis and a yield of 3.7%. Invesco's dividend payout ratio (DPR) is -52.50%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on IVZ shares. Wall Street Zen downgraded Invesco from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. Deutsche Bank Aktiengesellschaft raised shares of Invesco from a "hold" rating to a "buy" rating and upped their price objective for the stock from $26.00 to $31.00 in a research note on Wednesday, December 17th. BMO Capital Markets increased their target price on shares of Invesco from $28.00 to $30.00 and gave the stock an "outperform" rating in a report on Wednesday, December 10th. The Goldman Sachs Group boosted their price target on shares of Invesco from $29.50 to $30.00 and gave the company a "neutral" rating in a report on Thursday, February 12th. Finally, Barclays lowered their price target on shares of Invesco from $30.00 to $29.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 28th. Five research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, Invesco presently has an average rating of "Hold" and an average target price of $28.25.

Invesco Company Profile

Invesco Ltd. is an independent global investment management firm headquartered in Atlanta, Georgia, and publicly traded on the New York Stock Exchange NYSE: IVZ. With origins dating back to 1935, the company is dedicated to offering a wide array of investment strategies and solutions to both individual and institutional clients worldwide.

The firm's product suite encompasses actively managed equity and fixed income funds, passive index funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts, alongside specialized offerings such as private markets, real estate, and structured products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.