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Invesco Ltd. (IVZ): Financial Services' Featured Winner Of The Day

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%) to $30.18 on average volume. Throughout the day, 4.5 million shares of Invesco exchanged hands as compared to its average daily volume of four million shares. The stock ranged in a price between $29.73-$30.25 after having opened the day at $29.95 as compared to the previous trading day's close of $29.88. Other companies within the Financial Services industry that increased today were: Federal Agricultural Mortgage ( AGM.A), up 11.6%, Nomura Holdings ( NMR), up 6.2%, Consumer Portfolio Services ( CPSS), up 5.8%, and Orix Corporation ( IX), up 4.8%.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 $12.83 billion and is part of the financial sector. The company has a P/E ratio of 19.4, above the S&P 500 P/E ratio of 17.7. Shares are up 14.5% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Invesco a buy, no analysts rate it a sell, and seven 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, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, China Ceramics ( CCCL), down 5.9%, Security National Financial Corporation ( SNFCA), down 5.2%, Cowen Group ( COWN), down 3.6%, and Oppenheimer Holdings ( OPY), down 3.5%, were all laggards within the financial services industry with Capital One Financial ( COF) 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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