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

Invesco ( IVZ) pushed the Financial Services industry lower today making it today's featured Financial Services loser. The industry as a whole closed the day down 0.2%. By the end of trading, Invesco fell 26 cents (-1%) to $24.84 on average volume. Throughout the day, 3.6 million shares of Invesco exchanged hands as compared to its average daily volume of four million shares. The stock ranged in price between $24.67-$25.04 after having opened the day at $25 as compared to the previous trading day's close of $25.10. Other company's within the Financial Services industry that declined today were: Heckmann ( HEK), down 7.1%, Pzena Investment Management ( PZN), down 6.2%, Gleacher ( GLCH), down 5.5%, and NYSE Euronext ( NYX), down 4.9%.

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 $11.23 billion and is part of the financial sector. Currently there are 13 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Siebert Financial Corporation ( SIEB), up 14.7%, SGOCO Group ( SGOC), up 7.5%, Community Bankers Trust Corporation ( BTC), up 6.7%, and Rodman & Renshaw Capital Group ( RODM), up 6%, were all gainers within the financial services industry with World Acceptance Corporation ( WRLD) being today's featured financial services industry winner.

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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