Liontrust Asset Management (LON:LIO) Given “Sell” Rating at Deutsche Bank Aktiengesellschaft

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

A number of other analysts have also commented on LIO. Barclays lowered shares of Liontrust Asset Management to an equal weight rating and set a GBX 760 ($9.64) price objective for the company. in a research note on Thursday, April 11th. Berenberg Bank reaffirmed a hold rating and issued a GBX 750 ($9.51) price objective on shares of Liontrust Asset Management in a research note on Wednesday, April 17th.

Liontrust Asset Management Stock Down 2.1 %

Shares of Liontrust Asset Management stock opened at GBX 711.06 ($9.02) on Thursday. The company has a quick ratio of 1.35, a current ratio of 1.50 and a debt-to-equity ratio of 0.93. Liontrust Asset Management has a 12-month low of GBX 519 ($6.58) and a 12-month high of GBX 865 ($10.97). The firm has a market capitalization of £453.58 million, a PE ratio of 2,688.89, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26. The stock’s fifty day moving average is GBX 744.82 and its 200-day moving average is GBX 667.74.

Liontrust Asset Management Increases Dividend

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

Insider Buying and Selling

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

About Liontrust Asset Management

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.