Deutsche Bank Aktiengesellschaft Reaffirms “Sell” Rating for Liontrust Asset Management (LON:LIO)

Deutsche Bank Aktiengesellschaft restated their sell rating on shares of Liontrust Asset Management (LON:LIO) in a research note released on Thursday, MarketBeat reports. They currently have a GBX 600 ($7.61) price target on the stock.

LIO has been the topic of a number of other reports. Berenberg Bank reissued a hold rating and issued a GBX 750 ($9.51) price target on shares of Liontrust Asset Management in a report on Wednesday, April 17th. Barclays downgraded shares of Liontrust Asset Management to an equal weight rating and set a GBX 760 ($9.64) price objective on the stock. in a report on Thursday, April 11th.

Liontrust Asset Management Price Performance

Shares of LON:LIO opened at GBX 685 ($8.69) on Thursday. The company’s 50-day moving average is GBX 745.30 and its 200 day moving average is GBX 671.21. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.50. The company has a market capitalization of £436.96 million, a P/E ratio of 2,537.04, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26. Liontrust Asset Management has a fifty-two week low of GBX 519 ($6.58) and a fifty-two week high of GBX 865 ($10.97).

Liontrust Asset Management Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be issued a dividend of GBX 50 ($0.63) per share. The ex-dividend date is Thursday, July 4th. This is an increase from Liontrust Asset Management’s previous dividend of $22.00. This represents a yield of 6.66%. Liontrust Asset Management’s dividend payout ratio is 26,666.67%.

Insider Transactions at Liontrust Asset Management

In other news, insider John Stephen Ions purchased 777 shares of the stock in a transaction dated Friday, May 3rd. The shares were purchased at an average cost of GBX 694 ($8.80) per share, with a total value of £5,392.38 ($6,840.52). In related news, insider Miriam Greenwood acquired 2,750 shares of the firm’s stock in a transaction that occurred on Wednesday, June 26th. The shares were bought at an average cost of GBX 725 ($9.20) per share, for a total transaction of £19,937.50 ($25,291.77). Also, insider John Stephen Ions acquired 777 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was bought at an average price of GBX 694 ($8.80) per share, for a total transaction of £5,392.38 ($6,840.52). Insiders own 12.17% of the company’s stock.

Liontrust Asset Management Company Profile

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited.