Invesco Ltd. (IVZ): Today's Featured Financial Laggard

Invesco (IVZ) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Invesco fell 20 cents (-1%) to $20.49 on average volume. Throughout the day, 5.6 million shares of Invesco exchanged hands as compared to its average daily volume of 4.9 million shares. The stock ranged in price between $20.49-$20.97 after having opened the day at $20.91 as compared to the previous trading day's close of $20.69. Other company's within the Financial sector that declined today were: First Financial Service Corporation (FFKY), down 19.5%, Broadway Financial (BYFC), down 17.8%, Carver Bancorp (CARV), down 12.1%, and Homex Development (HXM), down 9.2%.

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Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. Invesco has a market cap of $9.51 billion and is part of the financial services industry. The company has a P/E ratio of 13, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 3% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Invesco a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

• You can view the full Invesco Ratings Report.

On the positive front, Royal Bancshares of Pennsylvania (RBPAA), up 19.3%, Monarch Community Bancorp (MCBF), up 18.3%, American Independence Corporation (AMIC), up 11.2%, and Credit Suisse (DGAZ), up 9.3%, were all gainers within the financial sector with SLM (SLM) being today's featured financial sector leader.

• Use our financial section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR (XLF) while those bearish on the financial sector could consider Proshares Short Financials (SEF).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Invesco Ltd. click any of the following:

• Invesco Ltd. Stock Price

• Invesco Ltd. Analyst Ratings

• Invesco Ltd. Key Stats & Profile

• Invesco Ltd. Earnings

• Invesco Ltd. Ratio Comparison

• Invesco Ltd. Growth Rates

• Invesco Ltd. Balance Sheet

• Invesco Ltd. Cash Flow

• Invesco Ltd. Income Statement