Liontrust Asset Management (LON:LIO) Rating Reiterated by Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of Liontrust Asset Management (LON:LIO) in a research note published on Wednesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 750 ($9.61) target price on the stock.

Several other research firms have also recently weighed in on LIO. Deutsche Bank Aktiengesellschaft reiterated a sell rating and set a GBX 600 ($7.69) price objective on shares of Liontrust Asset Management in a research report on Thursday, June 27th. Barclays lowered shares of Liontrust Asset Management to an equal weight rating and set a GBX 760 ($9.73) price target on the stock. in a research report on Thursday, April 11th.

Liontrust Asset Management Price Performance

Shares of LON LIO opened at GBX 654 ($8.38) on Wednesday. The firm has a market cap of £417.19 million, a P/E ratio of 2,422.22, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26. The business’s 50 day moving average is GBX 738.50 and its 200-day moving average is GBX 673.45. The company has a current ratio of 1.50, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. Liontrust Asset Management has a 1-year low of GBX 519 ($6.65) and a 1-year high of GBX 865 ($11.08).

Liontrust Asset Management Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be issued a GBX 50 ($0.64) dividend. The ex-dividend date is Thursday, July 4th. This is a boost from Liontrust Asset Management’s previous dividend of $22.00. This represents a yield of 6.66%. Liontrust Asset Management’s payout ratio is currently 26,666.67%.

Insider Transactions at Liontrust Asset Management

In other news, insider Miriam Greenwood bought 2,750 shares of the firm’s stock in a transaction on Wednesday, June 26th. The shares were purchased at an average cost of GBX 725 ($9.29) per share, with a total value of £19,937.50 ($25,537.98). In other Liontrust Asset Management news, insider John Stephen Ions acquired 777 shares of Liontrust Asset Management stock in a transaction that occurred on Friday, May 3rd. The shares were acquired at an average cost of GBX 694 ($8.89) per share, with a total value of £5,392.38 ($6,907.11). Also, insider Miriam Greenwood bought 2,750 shares of the firm’s stock in a transaction on Wednesday, June 26th. The stock was acquired at an average price of GBX 725 ($9.29) per share, for a total transaction of £19,937.50 ($25,537.98). 12.17% of the stock is currently owned by insiders.

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.