Liontrust Asset Management (LON:LIO) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Liontrust Asset Management PLC (LON:LIO)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 517.21 ($6.42) and traded as low as GBX 451.53 ($5.60). Liontrust Asset Management shares last traded at GBX 459.50 ($5.70), with a volume of 362,283 shares traded.

Analysts Set New Price Targets

LIO has been the subject of a number of research analyst reports. Berenberg Bank decreased their price objective on shares of Liontrust Asset Management from GBX 215 ($2.67) to GBX 195 ($2.42) and set a “hold” rating for the company in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 500 ($6.20) price target on shares of Liontrust Asset Management in a report on Friday, November 22nd.

Liontrust Asset Management Stock Down 0.8 %

The stock has a market cap of £290.41 million, a PE ratio of -9,088.00, a P/E/G ratio of -1.70 and a beta of 1.33. The business has a 50 day moving average price of GBX 450.13 and a 200 day moving average price of GBX 515.39. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 2.40.

Liontrust Asset Management (LON:LIO) last released its quarterly earnings results on Thursday, November 21st. The company reported GBX 30.28 ($0.38) earnings per share for the quarter. Liontrust Asset Management had a negative net margin of 1.76% and a negative return on equity of 1.78%. Equities research analysts expect that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.

Liontrust Asset Management Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 8th. Stockholders of record on Thursday, November 28th were given a dividend of GBX 22 ($0.27) per share. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 5.28%. Liontrust Asset Management’s dividend payout ratio is currently -144,000.00%.

Insider Buying and Selling

In other news, insider Vinay Kumar Abrol acquired 50,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was acquired at an average cost of GBX 454 ($5.63) per share, with a total value of £227,000 ($281,602.78). Also, insider John Stephen Ions bought 12,500 shares of Liontrust Asset Management stock in a transaction dated Wednesday, January 22nd. The stock was acquired at an average cost of GBX 400 ($4.96) per share, with a total value of £50,000 ($62,027.04). 11.90% of the stock is owned by 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.