Deutsche Bank Aktiengesellschaft restated their sell rating on shares of Liontrust Asset Management (LON:LIO – Free Report) 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.
View Our Latest Stock Report on Liontrust Asset Management
Liontrust Asset Management Stock Down 2.1 %
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.
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