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 0.8%. By the end of trading, Invesco rose 25 cents (1%) to $25.03 on heavy volume. Throughout the day, 4.9 million shares of Invesco exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $24.90-$25.29 after having opened the day at $24.96 as compared to the previous trading day's close of $24.78. Other companies within the Financial Services industry that increased today were: Asset Acceptance Capital Corporation ( AACC), up 10.3%, Palmetto ( PLMT), up 10.1%, Security National Financial Corporation ( SNFCA), up 7.3%, and Heckmann ( HEK), up 6.6%.
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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 $10.99 billion and is part of the financial sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 23.1% year to date as of the close of trading on Wednesday. Currently there are 14 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, growth in earnings per share, revenue growth and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Credit Suisse ( DSLV), down 4.8%, Marine Petroleum ( MARPS), down 4.1%, United States 12 Month Natural Gas Fund ( UNL), down 3.6%, and US Global Investors ( GROW), down 3%, were all laggards within the financial services industry with SLM ( SLM) 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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