14,746 Shares in Lloyds Banking Group plc (NYSE:LYG) Bought by OneAscent Financial Services LLC

OneAscent Financial Services LLC acquired a new position in shares of Lloyds Banking Group plc (NYSE:LYG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,746 shares of the financial services provider’s stock, valued at approximately $46,000.

Other large investors have also recently bought and sold shares of the company. Transcend Capital Advisors LLC bought a new stake in shares of Lloyds Banking Group during the 2nd quarter worth approximately $28,000. Interchange Capital Partners LLC bought a new stake in Lloyds Banking Group during the second quarter worth $28,000. Intergy Private Wealth LLC acquired a new stake in shares of Lloyds Banking Group in the 2nd quarter valued at $29,000. Aletheian Wealth Advisors LLC acquired a new position in shares of Lloyds Banking Group during the 3rd quarter worth $34,000. Finally, Tcwp LLC bought a new stake in shares of Lloyds Banking Group during the 2nd quarter worth $32,000. 2.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Morgan Stanley cut Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 30th. Kepler Capital Markets assumed coverage on shares of Lloyds Banking Group in a research note on Thursday, September 5th. They issued a “hold” rating for the company. Citigroup lowered shares of Lloyds Banking Group from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th. Royal Bank of Canada cut Lloyds Banking Group from an “outperform” rating to a “sector perform” rating in a research note on Friday, July 26th. Finally, The Goldman Sachs Group initiated coverage on Lloyds Banking Group in a research report on Friday, October 4th. They set a “neutral” rating on the stock. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $2.75.

Lloyds Banking Group Price Performance

Shares of NYSE:LYG opened at $2.79 on Wednesday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.48 and a current ratio of 1.45. Lloyds Banking Group plc has a 52 week low of $2.00 and a 52 week high of $3.24. The firm has a market cap of $42.67 billion, a PE ratio of 7.15 and a beta of 1.35. The firm’s fifty day moving average is $3.00 and its 200-day moving average is $2.92.

Lloyds Banking Group Company Profile

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.