Brio Consultants LLC Has $46,000 Stock Holdings in Lloyds Banking Group plc (NYSE:LYG)

Brio Consultants LLC lifted its stake in Lloyds Banking Group plc (NYSE:LYG) by 30.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,735 shares of the financial services provider’s stock after buying an additional 3,880 shares during the period. Brio Consultants LLC’s holdings in Lloyds Banking Group were worth $46,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of LYG. BSW Wealth Partners increased 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 last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in Lloyds Banking Group by 7.6% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 159,560 shares of the financial services provider’s stock worth $434,000 after buying an additional 11,279 shares during the last quarter. Blue Trust Inc. raised its position in Lloyds Banking Group by 28.9% during the fourth quarter. Blue Trust Inc. now owns 272,479 shares of the financial services provider’s stock worth $741,000 after acquiring an additional 61,054 shares in the last quarter. Cerro Pacific Wealth Advisors LLC acquired a new stake in Lloyds Banking Group in the fourth quarter valued at $37,000. Finally, SG Americas Securities LLC bought a new position in shares of Lloyds Banking Group in the 4th quarter valued at about $110,000. Institutional investors own 2.15% of the company’s stock.

Lloyds Banking Group Stock Performance

Shares of Lloyds Banking Group stock opened at $3.05 on Friday. The firm has a 50-day moving average of $2.78 and a 200-day moving average of $2.91. Lloyds Banking Group plc has a 52-week low of $2.00 and a 52-week high of $3.24. The stock has a market cap of $46.14 billion, a PE ratio of 7.81 and a beta of 1.31.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LYG shares. The Goldman Sachs Group started coverage on Lloyds Banking Group in a report on Friday, October 4th. They set a “neutral” rating for the company. Morgan Stanley downgraded Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 30th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $2.75.

About Lloyds Banking Group

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.