Deutsche Bank Aktiengesellschaft reissued their sell rating on shares of Liontrust Asset Management (LON:LIO – Free Report) in a research report released on Thursday, Marketbeat reports. The firm currently has a GBX 600 ($7.61) price objective on the stock.
A number of other equities research analysts also recently commented on the company. Berenberg Bank reiterated a hold rating and issued a GBX 750 ($9.51) price objective on shares of Liontrust Asset Management in a report on Wednesday, April 17th. 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.
Read Our Latest Stock Analysis on Liontrust Asset Management
Liontrust Asset Management Price Performance
Liontrust Asset Management Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be paid a GBX 50 ($0.63) dividend. This represents a yield of 6.66%. This is a boost from Liontrust Asset Management’s previous dividend of $22.00. The ex-dividend date is Thursday, July 4th. Liontrust Asset Management’s payout ratio is presently 26,666.67%.
Insiders Place Their Bets
In other Liontrust Asset Management news, insider John Stephen Ions acquired 777 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was acquired at an average cost of GBX 694 ($8.80) per share, for a total transaction of £5,392.38 ($6,840.52). In related news, insider John Stephen Ions acquired 777 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The shares were acquired at an average cost of GBX 694 ($8.80) per share, with a total value of £5,392.38 ($6,840.52). Also, insider Miriam Greenwood bought 2,750 shares of Liontrust Asset Management stock in a transaction that occurred on Wednesday, June 26th. The stock was bought at an average cost of GBX 725 ($9.20) per share, with a total value of £19,937.50 ($25,291.77). Corporate insiders own 12.17% of the company’s stock.
About Liontrust Asset Management
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.
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