Liontrust Asset Management (LON:LIO) Share Price Crosses Below Two Hundred Day Moving Average of $672.68

Liontrust Asset Management PLC (LON:LIO) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 672.68 ($8.51) and traded as low as GBX 607.80 ($7.69). Liontrust Asset Management shares last traded at GBX 615 ($7.78), with a volume of 431,055 shares traded.

Analyst Ratings Changes

A number of equities analysts have issued reports on LIO shares. Barclays cut Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.61) target price for the company. in a report on Thursday, April 11th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 750 ($9.49) target price on shares of Liontrust Asset Management in a report on Wednesday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 600 ($7.59) target price on shares of Liontrust Asset Management in a report on Thursday, June 27th.

Liontrust Asset Management Trading Up 2.4 %

The company has a market cap of £401.68 million, a price-to-earnings ratio of 2,277.78, a PEG ratio of -1.70 and a beta of 1.26. The firm has a 50 day moving average price of GBX 744.86 and a two-hundred day moving average price of GBX 672.68. 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 Increases Dividend

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

Insider Activity

In related news, insider John Stephen Ions purchased 777 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was bought at an average price of GBX 694 ($8.78) per share, with a total value of £5,392.38 ($6,820.62). In other Liontrust Asset Management news, insider Miriam Greenwood bought 2,750 shares of the firm’s stock in a transaction that occurred on Wednesday, June 26th. The stock was acquired at an average price of GBX 725 ($9.17) per share, with a total value of £19,937.50 ($25,218.19). Also, insider John Stephen Ions bought 777 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were acquired at an average cost of GBX 694 ($8.78) per share, with a total value of £5,392.38 ($6,820.62). Insiders own 12.17% of the company’s stock.

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.