Invesco (IVZ, Financial) is an independent global investment management firm having $791.2 billion in assets under management as of Feb. 28, 2014. The Invesco European Growth Fund (Trades, Portfolio) is a $1.6 billion fund whose equities encompass all capitalization growth companies from both developed and emerging markets in the European region. Since its 1997 inception, the fund has returned 11.61% on average annually.
The Invesco European Growth Fund (Trades, Portfolio) has 76 holdings, one of them new, with a 17% quarter-over-quarter turnover.
New Buy
Smith & Nephew Plc (LSE:SN, Financial)
Invesco purchased 1,257,453 shares of Smith & New Plc, whose shares cost $9 per share on average in the fourth quarter. The portfolio weighting of the holding is 1.3%.
Smith & Nephew Plc, together with its subsidiaries, is engaged in developing, manufacturing, marketing and selling medical devices in the sectors of Orthopaedics, Endoscopy and Advanced Wound Management. Smith & Nephew Plc has a market cap of $8.21 billion; its shares were traded at around $9.12 with a P/E ratio of 24.90 and P/S ratio of 3.19. The dividend yield of Smith & Nephew Plc stocks is 1.86%. Smith & Nephew Plc had an annual average earnings growth of 12.50% over the past 10 years. GuruFocus rated Smith & Nephew Plc the business predictability rank of 3-star.
Increases
Carlsberg AS (OCSE:CARL B)
Invesco increased its stake in Carlsberg AS by 125.17%, to 230,826 share in total, a 1.6% portfolio weight. The share price averaged kr560.
Carlsberg AS is a Danish brewing company. The company produces a range of beers, but its main brand is Carlsberg Beer. Carlsberg AS has a market cap of $82.15 billion; its shares were traded at around $538.50 with a P/E ratio of 19.0 and P/S ratio of 1.22. The dividend yield of Carlsberg AS stocks is 1.07%.
William Hill Plc (LSE:WMH, Financial)
Invesco increased its holding in William Hill Plc by 97.28%, holding 2,596,807 shares in total, a 1% portfolio weighting. The share price averaged £3.46 in the first quarter.
William Hill Plc is engaged in the business of providing a range of sports betting and gaming opportunities. William Hill Plc has a market cap of £2.97 billion; its shares were traded at around £3.46 with a P/E ratio of 13.80 and P/S ratio of 1.97. The dividend yield of William Hill Plc stocks is 3.36%. William Hill Plc had an annual average earnings growth of 10.50% over the past five years.
LM Ericsson Telephone Company (OSTO:ERIC B)
Invesco increased its stake in LM Ericsson Telephone Company by 67.24% to 1,403,288 shares in total, a 1.2% portfolio weighting. The stock price averaged kr81 in the first quarter.
LM Ericsson Telephone Company was incorporated on Aug. 18, 1918, as a result of a merger between AB LM Ericsson & Co. LM Ericsson Telephone Company has a market cap of kr287.04 billion; its shares were traded at around kr86.85 with a P/E ratio of 21.90 and P/S ratio of 1.23. The dividend yield of LM Ericsson Telephone Company stocks is 2.22%. LM Ericsson Telephone Company had an annual average earnings growth of 5.60% over the past five years.
Haci Omer Sabanci Holdings AS (IST:SAHOL, Financial)
Invesco increased its stake in Haci Omer Sabanci Holdings AS by 62% to 6,491,745 shares, a 1.5% portfolio weighting. The share price averaged $8 in the first quarter.
Haci Omer Sabanci Holding AS operates in banking, energy, cement, retail, insurance, industrial products and other segments like technology, distribution and tourism. Haci Omer Sabanci Holding AS has a market cap of $17.34 billion; its shares were traded at around $8.50 with a P/E ratio of 2.40 and P/S ratio of 1.81. The dividend yield of Haci Omer Sabanci Holding AS stocks is 1.00%. Haci Omer Sabanci Holding AS had an annual average earnings growth of 2.90% over the past five years.
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