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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Invesco ( IVZ) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.1%. By the end of trading, Invesco rose 30 cents (1.2%) to $25.37 on average volume. Throughout the day, four million shares of Invesco exchanged hands as compared to its average daily volume of 3.8 million shares. The stock ranged in a price between $24.72-$25.42 after having opened the day at $25.11 as compared to the previous trading day's close of $25.07. Other companies within the Financial Services industry that increased today were: Security National Financial Corporation ( SNFCA), up 19%, Millennium India Acquisition Corporation ( SMCG), up 12%, Consumer Portfolio Services ( CPSS), up 9.3%, and Noah Holdings ( NOAH), up 7.9%.
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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 $11.18 billion and is part of the financial sector. The company has a P/E ratio of 16.1, 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 25% 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 three rate it a hold.

TheStreet Ratings rates Invesco as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Penson Worldwide ( PNSN), down 10.3%, SGOCO Group ( SGOC), down 8.3%, China Ceramics ( CCCL), down 3.8%, and Ladenburg Thalman Financial Services ( LTS), down 3.7%, were all laggards within the financial services industry with Charles Schwab ( SCHW) being today's financial services industry laggard.

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

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