O Keefe Stevens Advisory Inc. Has $380,000 Holdings in Lloyds Banking Group plc (NYSE:LYG)

O Keefe Stevens Advisory Inc. boosted its stake in shares of Lloyds Banking Group plc (NYSE:LYG) by 42.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 139,686 shares of the financial services provider’s stock after purchasing an additional 41,868 shares during the period. O Keefe Stevens Advisory Inc.’s holdings in Lloyds Banking Group were worth $380,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of LYG. Park Avenue Securities LLC grew its holdings in Lloyds Banking Group by 15.9% during the fourth quarter. Park Avenue Securities LLC now owns 288,877 shares of the financial services provider’s stock worth $786,000 after purchasing an additional 39,685 shares during the period. Wallace Advisory Group LLC boosted its position in Lloyds Banking Group by 93.3% during the fourth quarter. Wallace Advisory Group LLC now owns 40,709 shares of the financial services provider’s stock worth $111,000 after purchasing an additional 19,654 shares during the period. Traveka Wealth LLC bought a new position in Lloyds Banking Group in the 4th quarter valued at about $76,000. Cooper Financial Group grew its stake in shares of Lloyds Banking Group by 33.2% in the fourth quarter. Cooper Financial Group now owns 22,448 shares of the financial services provider’s stock valued at $61,000 after acquiring an additional 5,597 shares in the last quarter. Finally, Brookstone Capital Management increased its position in Lloyds Banking Group by 29.0% during the fourth quarter. Brookstone Capital Management now owns 48,910 shares of the financial services provider’s stock worth $133,000 after acquiring an additional 10,981 shares during the period. Institutional investors own 2.15% of the company’s stock.

Lloyds Banking Group Stock Performance

Shares of LYG stock opened at $2.86 on Friday. Lloyds Banking Group plc has a fifty-two week low of $2.00 and a fifty-two week high of $3.24. The stock’s fifty day moving average price is $2.72 and its two-hundred day moving average price is $2.91. The company has a market cap of $43.26 billion, a PE ratio of 7.32 and a beta of 1.31.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LYG. Morgan Stanley lowered shares of Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group started coverage on Lloyds Banking Group in a research note on Friday, October 4th. They set a “neutral” rating on the stock. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $2.75.

About Lloyds Banking Group

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.