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

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 sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Invesco fell 40 cents (-1.4%) to $27.34 on average volume. Throughout the day, 4.6 million shares of Invesco exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in price between $27.05-$27.55 after having opened the day at $27.50 as compared to the previous trading day's close of $27.74. Other companies within the Financial sector that declined today were: WVS Financial ( WVFC), down 14.4%, American Spectrum Realty ( AQQ), down 10.8%, Impac Mortgage Holdings ( IMH), down 8.8%, and Security National Financial Corporation ( SNFCA), down 8.3%.
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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 $12.24 billion and is part of the financial services industry. The company has a P/E ratio of 17.4, below the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Friday. 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 positive front, Altisource Residential Corporation ( RESI), up 22.5%, Colony Bankcorp ( CBAN), up 13.3%, Millennium India Acquisition Corporation ( SMCG), up 10.5%, and Virginia Commerce Bancorp ( VCBI), up 9.8%, were all gainers within the financial sector with Ocwen Financial Corporation ( OCN) being today's featured financial sector leader.

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).

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