invesco ltd (3IW:Frankfurt)
invesco ltd (3IW) Snapshot
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Open
€26.66
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Previous Close
€26.89
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Day High
€26.79
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Day Low
€26.37
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52 Week High
05/16/13 - €26.89
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52 Week Low
06/4/12 - €16.21
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Market Cap
--
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Average Volume 10 Days
28.0
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EPS TTM
--
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Shares Outstanding
0.0
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EX-Date
05/15/13
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P/E TM
--
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Dividend
€0.90
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Dividend Yield
2.16%
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Related News
invesco ltd (3IW) Details
Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. It also launches equity, fixed income, and balanced mutual funds for its clients. The firm invests in the public equity and fixed income markets across the globe. It invests in core, growth, and value stocks of small-cap, mid-cap, and large-cap companies. The firm employs a fundamental and quantitative analysis with a bottom-up stock picking approach to make its investments. It conducts in-house research to make its investments. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia.
invesco ltd (3IW) Top Compensated Officers
invesco ltd (3IW) Key Developments
At the annual general meeting of shareholders held on May 16, 2013, Invesco Ltd. appointed PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2013.
Invesco Ltd. reported consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total operating revenues of $1,141.8 million compared with $1,033.7 million for the same period last year. Operating income was $273.4 million compared with $229.8 million for the same period last year. Interest and dividend income was $2.2 million compared with $2.4 million for the same period last year. Income before income taxes was $288.2 million compared with $148.4 million for the same period last year. Net income attributable to common shareholders was $222.2 million or $0.49 diluted per share compared with $193.9 million or $0.43 diluted per share for the same period last year. Adjusted revenues were $816.5 million compared with $736.3 million for the same period last year. Adjusted operating income was $313.6 million compared with $269.2 million for the same period last year. Adjusted income before income taxes was $311.2 million compared with $268.2 million for the same period last year. Adjusted net income attributable to common was $232.0 million or $0.52 diluted per share compared with $201.0 million or $0.44 diluted per share for the same period last year. Net cash used in operating activities was $484.6 million compared with $158.3 million for the same period last year. Purchase of property and equipment was $18.1 million compared with $18.4 million for the same period last year. Adjusted net cash used in operating activities was $45.5 million compared with $38.0 million for the same period last year. The company provided earnings guidance for 2013. The company would expects to see operating margin continue to expand throughout the remainder of the year and be in excess of 40% by year end. The company expects the tax rate to continue to be around 2.5% to 26.5%.
Invesco Ltd. raised quarterly dividend 30% to 22.5 cents. The company is announcing a first-quarter of 2013 cash dividend of 22.5 cents per share to holders of common shares. The dividend is payable on June 7, 2013, to shareholders of record at the close of business on May 17, 2013.
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Industry Analysis
3IW
Industry Average
| Valuation | 3IW | Industry Range |
| Price/Earnings | 22.0x |
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| Price/Sales | 3.6x |
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| Price/Book | 1.9x |
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| Price/Cash Flow | 21.6x |
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| TEV/Sales | 1.6x |
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To contact INVESCO LTD, please visit www.invesco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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