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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Invesco ( IVZ) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole was unchanged today. By the end of trading, Invesco fell $0.60 (-1.7%) to $34.47 on average volume. Throughout the day, 4,116,914 shares of Invesco exchanged hands as compared to its average daily volume of 4,180,600 shares. The stock ranged in price between $34.46-$35.22 after having opened the day at $35.10 as compared to the previous trading day's close of $35.07. Other companies within the Financial sector that declined today were: Supertel Hospitality ( SPPR), down 9.6%, Broadway Financial ( BYFC), down 8.4%, BNC Bancorp ( BNCN), down 8.3% and Sorrento Therapeutics ( SRNE), down 8.3%.

Invesco Ltd. is a publicly owned investment manager. It primarily provides its services to institutional clients including major public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, and financial institutions. Invesco has a market cap of $15.3 billion and is part of the financial services industry. The company has a P/E ratio of 18.9, above the S&P 500 P/E ratio of 17.7. Shares are up 34.4% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Invesco a buy, no analysts rate it a sell, and 9 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, solid stock price performance, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, KKR Financial Holdings ( KFN), up 30.6%, Gaming and Leisure Properties ( GLPI), up 8.7%, Elmira Savings Bank Elmira NY ( ESBK), up 7.2% and PowerShares DB Agriculture Long ETN ( AGF), up 7.0% , were all gainers within the financial sector with Annaly Capital Management ( NLY) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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