Fielder Capital Group LLC Increases Stake in Lloyds Banking Group plc (NYSE:LYG)

Fielder Capital Group LLC raised its holdings in shares of Lloyds Banking Group plc (NYSE:LYG) by 7.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,993 shares of the financial services provider’s stock after buying an additional 4,366 shares during the quarter. Fielder Capital Group LLC’s holdings in Lloyds Banking Group were worth $166,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Apollon Wealth Management LLC increased its position in Lloyds Banking Group by 2.8% during the fourth quarter. Apollon Wealth Management LLC now owns 122,641 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 3,346 shares during the last quarter. Brio Consultants LLC increased its holdings in shares of Lloyds Banking Group by 30.2% during the 4th quarter. Brio Consultants LLC now owns 16,735 shares of the financial services provider’s stock worth $46,000 after buying an additional 3,880 shares during the last quarter. Baron Wealth Management LLC raised its position in Lloyds Banking Group by 30.8% in the third quarter. Baron Wealth Management LLC now owns 16,851 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 3,969 shares during the period. Stephens Inc. AR lifted its position in Lloyds Banking Group by 3.0% in the fourth quarter. Stephens Inc. AR now owns 157,627 shares of the financial services provider’s stock valued at $429,000 after buying an additional 4,553 shares during the last quarter. Finally, BSW Wealth Partners boosted its position in shares of Lloyds Banking Group by 13.2% during the 4th quarter. BSW Wealth Partners now owns 41,939 shares of the financial services provider’s stock worth $114,000 after purchasing an additional 4,903 shares during the period. 2.15% of the stock is currently owned by institutional investors and hedge funds.

Lloyds Banking Group Trading Up 0.7 %

Shares of NYSE LYG opened at $3.69 on Friday. The stock has a market capitalization of $55.97 billion, a PE ratio of 11.17 and a beta of 1.31. Lloyds Banking Group plc has a twelve month low of $2.30 and a twelve month high of $3.70. The stock has a fifty day simple moving average of $2.98 and a 200-day simple moving average of $2.95.

Lloyds Banking Group (NYSE:LYG) last issued its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.03). Lloyds Banking Group had a return on equity of 8.46% and a net margin of 11.45%. The business had revenue of $9.46 billion for the quarter, compared to analysts’ expectations of $4.76 billion. On average, equities analysts predict that Lloyds Banking Group plc will post 0.27 earnings per share for the current year.

Lloyds Banking Group Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.1035 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from Lloyds Banking Group’s previous semi-annual dividend of $0.05. This represents a yield of 4%. Lloyds Banking Group’s dividend payout ratio is 30.30%.

Lloyds Banking Group Profile

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.