Large Outflow of Money Witnessed in Invesco Plc

Invesco Plc (NYSE:IVZ) traded on a positive note gaining 0.09 points or 0.32% to be valued at $28.51 per share. Intraday, the shares aggregated $7.3 million in upticks but saw an exodus of $15.71 million in downticks. The net money flow was calculated to be $(-8.41) million with the final up/down ratio coming in at 0.46. The share price has seen a change of -6.25% in value during the week. Block trade of up/down ratio of 0.13 was also registered with $1.42 million in upticks and $10.87 million in downticks. The net money flow for the block exchange was disappointing at $(-9.45) Million.


Currently the company Insiders own 1.9% of Invesco Plc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.82% . Institutional Investors own 82.98% of Invesco Plc shares. During last six month period, the net percent change held by insiders has seen a change of -6.82%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Senior Managing Director) of Invesco Ltd., Meadows Colin had sold 17,250 shares worth of $494,730 in a transaction dated May 19, 2016. In this transaction, 17,250 shares were sold at $28.68 per share.

Invesco Plc (NYSE:IVZ) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.47 points or 1.65% at $27.95 with 6,005,947 shares getting traded. Post opening the session at $28.2, the shares hit an intraday low of $27.905 and an intraday high of $28.71 and the price was in this range throughout the day. The company has a market cap of $11,663 million and the number of outstanding shares have been calculated to be 417,266,260 shares. The 52-week high of Invesco Plc (NYSE:IVZ) is $39.81 and the 52-week low is $24.9.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, UBS, downgrades their rating on the shares of Invesco Plc (NYSE:IVZ). UBS has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 2, 2016.

Invesco Ltd. (Invesco) is an independent global investment manager. The Company delivers an array of investment capabilities and services to retail and institutional investors through its global platform. The Company has presence in the institutional and retail markets within the investment management industry in North America, the United Kingdom, Europe, the Middle East and Asia-Pacific. The Company offers a range of domestic and global institutional strategies, including traditional and quantitative equities, fixed income (including money market funds for institutional clients), real estate, private equity, financial structures and absolute return strategies. Invesco offers retail investment solutions to clients through third-party financial intermediaries, including traditional broker-dealers, fund supermarkets, retirement platforms, financial advisors, banks, insurance companies and trust companies.

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