Vanguard Group Inc. increased its stake in Invesco Ltd. (NYSE:IVZ) by 1.2% in the third quarter, bringing its total holdings to over 52 million shares valued at approximately $1.19 billion. Several other institutional investors also adjusted their positions in Invesco, which reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.21 per share. Analysts have a “Hold” consensus rating on Invesco with an average target price of $28.46.
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Vanguard Group Inc. Raises Position in Invesco Ltd. $IVZ
Vanguard Group Inc. increased its stake in Invesco Ltd. (NYSE:IVZ) by 1.2% in the third quarter, bringing its total holdings to over 52 million shares valued at approximately $1.19 billion. Several other institutional investors also adjusted their positions in Invesco, which reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.21 per share. Analysts have a “Hold” consensus rating on Invesco with an average target price of $28.46.