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Olstein Capital Management L.P. Sells 71,000 Shares of Invesco Ltd. $IVZ
Olstein Capital Management L.P. has reduced its stake in Invesco Ltd. by 23.4% in the fourth quarter, selling 71,000 shares and now owning 233,000 shares valued at $6.12 million. Other institutional investors have also adjusted their positions in Invesco, while analysts have provided mixed ratings with an average target price of $27.29. Invesco recently increased its quarterly dividend to $0.215 per share.