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

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Liontrust Asset Management (LON:LIO) in a research note published on Friday, MarketBeat Ratings reports. They currently have a GBX 500 ($6.27) price target on the stock.

Separately, Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.44) and set a “hold” rating for the company in a report on Wednesday.

Liontrust Asset Management Stock Up 2.0 %

LIO stock opened at GBX 460 ($5.77) on Friday. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 2.40. The firm has a 50 day simple moving average of GBX 497.66 and a 200-day simple moving average of GBX 622.07. The company has a market capitalization of £293.99 million, a P/E ratio of -9,200.00, a PEG ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a twelve month low of GBX 400 ($5.01) and a twelve month high of GBX 865 ($10.84).

Liontrust Asset Management Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Thursday, November 28th will be given a GBX 22 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a dividend yield of 5.28%. Liontrust Asset Management’s payout ratio is -144,000.00%.

Insider Activity

In other Liontrust Asset Management news, insider Vinay Kumar Abrol purchased 50,000 shares of Liontrust Asset Management stock in a transaction dated Thursday, November 21st. The shares were bought at an average cost of GBX 454 ($5.69) per share, for a total transaction of £227,000 ($284,568.13). Company insiders own 11.90% 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.