Wbi Investments INC Upped Stake in Invesco LTD (IVZ) as Stock Value Declined

July 18, 2017 - By Nellie Frank

Investors sentiment increased to 1.25 in Q4 2016. Its up 0.38, from 0.87 in 2016Q3. It increased, as 47 investors sold IVZ shares while 160 reduced holdings. 85 funds opened positions while 173 raised stakes. 308.82 million shares or 4.99% more from 294.15 million shares in 2016Q3 were reported. Thrivent For Lutherans holds 2.20M shares or 0.3% of its portfolio. Greenwood Assocs Ltd Liability Corporation, South Carolina-based fund reported 15,273 shares. Comerica Securities owns 21,205 shares or 0.39% of their US portfolio. Duncker Streett & Incorporated accumulated 2,887 shares. Bluecrest Capital Mgmt Ltd reported 0.04% stake. Gemmer Asset Limited Liability Co stated it has 352 shares or 0.01% of all its holdings. Credit Suisse Ag invested in 3.51M shares. Kcg Holdings reported 0.05% in Invesco Ltd. (NYSE:IVZ). Ubs Asset Management Americas has invested 0.05% in Invesco Ltd. (NYSE:IVZ). Schwab Charles Invest stated it has 0.04% of its portfolio in Invesco Ltd. (NYSE:IVZ). Ifc Holding Inc Fl holds 0.02% in Invesco Ltd. (NYSE:IVZ) or 8,135 shares. Brandywine Global Management Ltd Llc reported 0.07% in Invesco Ltd. (NYSE:IVZ). Ig Investment reported 0.12% in Invesco Ltd. (NYSE:IVZ). Counselors Of Maryland Ltd Limited Liability Company stated it has 0.01% of its portfolio in Invesco Ltd. (NYSE:IVZ). Reliance Tru Of Delaware has invested 0.09% in Invesco Ltd. (NYSE:IVZ).

Since May 2, 2017, it had 0 buys, and 1 sale for $1.94 million activity. Taylor Philip sold $1.94M worth of stock or 60,000 shares.

Wbi Investments Inc increased its stake in Invesco Ltd (IVZ) by 59.71% based on its latest 2016Q4 regulatory filing with the SEC. Wbi Investments Inc bought 296,460 shares as the company’s stock declined 2.83% while stock markets rallied. The institutional investor held 792,935 shares of the investment managers company at the end of 2016Q4, valued at $24.06 million, up from 496,475 at the end of the previous reported quarter. Wbi Investments Inc who had been investing in Invesco Ltd for a number of months, seems to be bullish on the $14.74B market cap company. The stock increased 0.17% or $0.06 on July 17, reaching $36.17. About shares traded. Invesco Ltd. (NYSE:IVZ) has risen 9.83% since July 18, 2016 and is uptrending. It has underperformed by 6.87% the S&P500.

Wbi Investments Inc, which manages about $2.52B and $2.32B US Long portfolio, decreased its stake in Absolute Shs Tr (WBIF) by 134,649 shares to 1.86 million shares, valued at $45.44M in 2016Q4, according to the filing. It also reduced its holding in Western Refng Inc (NYSE:WNR) by 112,461 shares in the quarter, leaving it with 16,542 shares, and cut its stake in Nordson Corp (NASDAQ:NDSN).

More important recent Invesco Ltd. (NYSE:IVZ) news were published by: Prnewswire.com which released: “Invesco Dynamic Credit Opportunities Fund and Invesco Senior Income Trust VRTP …” on July 14, 2017, also Streetinsider.com published article titled: “Invesco Ltd. (IVZ): Raising PT To $40 After Non Deal Roadshow – Jefferies”, Marketwatch.com published: “Invesco announces cash distributions for Canadian-listed PowerShares ETFs” on June 20, 2017. More interesting news about Invesco Ltd. (NYSE:IVZ) was released by: Prnewswire.com and their article: “Invesco Ltd. Announces June 30, 2017 Assets Under Management” with publication date: July 12, 2017.

Invesco Ltd. (NYSE:IVZ) Ratings Coverage

Among 13 analysts covering Invesco (NYSE:IVZ), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Invesco has $48 highest and $27 lowest target. $36.57’s average target is 1.11% above currents $36.17 stock price. Invesco had 54 analyst reports since July 21, 2015 according to SRatingsIntel. UBS downgraded the stock to “Neutral” rating in Thursday, June 2 report. Deutsche Bank maintained Invesco Ltd. (NYSE:IVZ) on Friday, September 18 with “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, July 31. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Monday, May 29 report. The stock of Invesco Ltd. (NYSE:IVZ) earned “Buy” rating by Deutsche Bank on Thursday, March 17. The firm has “Overweight” rating given on Monday, September 21 by Morgan Stanley. The company was maintained on Thursday, September 10 by Citigroup. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, January 29 report. Jefferies maintained Invesco Ltd. (NYSE:IVZ) on Monday, July 11 with “Buy” rating. The stock has “Buy” rating by Jefferies on Friday, July 7.

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