Liontrust Asset Management PLC (LIO) to Issue Dividend of GBX 50 on August 9th

Liontrust Asset Management PLC (LON:LIO) announced a dividend on Wednesday, June 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 4th will be paid a dividend of GBX 50 ($0.63) per share on Friday, August 9th. This represents a yield of 6.66%. The ex-dividend date is Thursday, July 4th. This is an increase from Liontrust Asset Management’s previous dividend of $22.00. The official announcement can be viewed at this link.

Liontrust Asset Management Stock Performance

Shares of LIO stock opened at GBX 702 ($8.91) on Friday. 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 £447.81 million, a P/E ratio of 2,688.89, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26. The company’s 50 day moving average price is GBX 744.82 and its two-hundred day moving average price is GBX 667.74. Liontrust Asset Management has a 52 week low of GBX 519 ($6.58) and a 52 week high of GBX 865 ($10.97).

Analyst Upgrades and Downgrades

Several analysts have commented on LIO shares. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 600 ($7.61) target price on shares of Liontrust Asset Management in a report on Thursday. Berenberg Bank reiterated a “hold” rating and issued a GBX 750 ($9.51) price objective on shares of Liontrust Asset Management in a report on Wednesday, April 17th. Finally, 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.

Insider Activity

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