Invesco Ltd. (IVZ): Today's Featured Financial Services 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 Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Invesco fell $0.49 (-1.3%) to $36.04 on average volume. Throughout the day, 3,074,401 shares of Invesco exchanged hands as compared to its average daily volume of 4,061,900 shares. The stock ranged in price between $35.96-$36.72 after having opened the day at $36.71 as compared to the previous trading day's close of $36.53. Other companies within the Financial Services industry that declined today were: Cash Store Financial Services ( CSFS), down 6.4%, iPath Dow Jones-UBS Natural Gas Total Retur ( GAZ), down 5.2%, Direxion Daily China Bull 3X Shares ( YINN), down 5.1% and db X-trackers 2020 Target Date Fund ( TDH), down 5.0%.

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 $16.3 billion and is part of the financial sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Wednesday. 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, SPDR Russell 1000 ETF ( ONEK), up 12.8%, SPDR S&P Biotech ETF ( XBI), up 7.5%, Altisource Asset Management Corporation ( AAMC), up 5.9% and Direxion Daily China Bear 3X Shares ( YANG), up 5.2% , were all gainers within the financial services industry with E*Trade Financial ( ETFC) being today's featured financial services industry leader.

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).

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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