Liontrust Asset Management PLC (LON:LIO) Increases Dividend to GBX 50 Per Share

Liontrust Asset Management PLC (LON:LIO) announced a dividend on Wednesday, June 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be given a dividend of GBX 50 ($0.63) per share on Friday, August 9th. This represents a yield of 6.66%. The ex-dividend date of this dividend is Thursday, July 4th. This is a positive change from Liontrust Asset Management’s previous dividend of $22.00. The official announcement can be accessed at this link.

Liontrust Asset Management Trading Down 3.3 %

LON LIO opened at GBX 702 ($8.91) on Friday. Liontrust Asset Management has a 12 month low of GBX 519 ($6.58) and a 12 month high of GBX 865 ($10.97). The firm has a market capitalization of £447.81 million, a P/E ratio of 2,688.89, a PEG ratio of -1.70 and a beta of 1.26. The business has a fifty day simple moving average of GBX 744.82 and a 200 day simple moving average of GBX 667.74. The company has a current ratio of 1.50, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LIO. Barclays lowered Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.64) target price for the company. in a research report on Thursday, April 11th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 750 ($9.51) target price on shares of Liontrust Asset Management in a research report on Wednesday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 600 ($7.61) target price on shares of Liontrust Asset Management in a research report on Thursday.

Insider Transactions at Liontrust Asset Management

In other news, insider Miriam Greenwood purchased 2,750 shares of the business’s stock in a transaction dated 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 related news, insider John Stephen Ions bought 777 shares of the business’s stock in a transaction on Friday, May 3rd. The stock was acquired 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 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, with a total value of £19,937.50 ($25,291.77). 12.17% of the stock is owned by corporate 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.