Analysts Conflictied on These Financial Names: Cherry Hill Mortgage (NYSE: CHMI), Santander Consumer USA (NYSE: SC) and Invesco Ltd (NYSE: IVZ)

By Austin Angelo

Analysts have been eager to weigh in on the Financial sector with new ratings on Cherry Hill Mortgage (NYSE: CHMI), Santander Consumer USA (NYSE: SC) and Invesco Ltd (NYSE: IVZ).

Cherry Hill Mortgage (NYSE: CHMI)

Barclays analyst Jeremy Campbell reiterated a Hold rating on Cherry Hill Mortgage (NYSE: CHMI) today and set a price target of $16. The company’s shares opened today at $16.49.

According to TipRanks.com, Campbell is a 1-star analyst with an average return of -5.0% and a 44.4% success rate. Campbell covers the Financial sector, focusing on stocks such as Fidelity National Financial, First American Corp., and New Residential Inv.

Cherry Hill Mortgage has an analyst consensus of Hold.

Santander Consumer USA (NYSE: SC)

Barclays analyst Mark Devries reiterated a Hold rating on Santander Consumer USA (NYSE: SC) today and set a price target of $11. The company’s shares opened today at $12.54.

Devries wrote:

“Wednesday.”

According to TipRanks.com, Devries is a 1-star analyst with an average return of -3.9% and a 63.2% success rate. Devries covers the Financial sector, focusing on stocks such as Discover Financial Services, Fidelity National Financial, and Arlington Asset Investment.

Santander Consumer USA has an analyst consensus of Moderate Buy, with a price target consensus of $17.50.

Invesco Ltd (NYSE: IVZ)

In a report released yesterday, Kenneth Hill from Barclays reiterated a Buy rating on Invesco Ltd (NYSE: IVZ), with a price target of $35. The company’s shares opened today at $30.14.

Hill noted:

“We estimate that LT outflows for October appear right around $1bn: IVZ reported total October AUM of $807.5bn, down 1.5% m/m. We estimate that long-term outflows of -$1bn were about $2bn under our expectation, driven by a single US subadvised client redemption. LT returns of -$15bn added to the m/m LT AUM decline. The month-over-month AUM decline was partially offset by $2bn of money market inflows and $2bn of inflows in the QQQs (though the QQQ won’t have a revenue impact). FX was a sizable headwind in Oct, removing -$7.6bn of AUM. Fixed income and alts show continued momentum, more than offset by equity: We believe LT flows were helped by fixed income (passive and active) and solid alt trends. Balanced looks to be slightly negative and equity looked decidedly negative, seeing more pressure in active. Overall, passive seemed to hold up better than active, driving between $0-1bn of inflow for the month.”

According to TipRanks.com, Hill is a 3-star analyst with an average return of 1.5% and a 52.4% success rate. Hill covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Oaktree Capital Group Llc, and Franklin Resources.

Currently, the analyst consensus on Invesco Ltd is Moderate Buy and the average price target is $34.75, representing a 15.3% upside.

In a report released yesterday, Jefferies also reiterated a Buy rating on the stock with a $37 price target.