Liontrust Asset Management (LON:LIO) Share Price Crosses Below Two Hundred Day Moving Average of $672.68

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 672.68 ($8.51) and traded as low as GBX 607.80 ($7.69). Liontrust Asset Management shares last traded at GBX 615 ($7.78), with a volume of 431,055 shares trading hands.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Barclays lowered Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.61) price objective for the company. in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 600 ($7.59) price target on shares of Liontrust Asset Management in a research note on Thursday, June 27th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 750 ($9.49) price target on shares of Liontrust Asset Management in a research note on Wednesday, April 17th.

Liontrust Asset Management Stock Performance

The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35. The company has a 50 day simple moving average of GBX 744.86 and a 200-day simple moving average of GBX 672.68. The stock has a market cap of £401.68 million, a P/E ratio of 2,277.78, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26.

Liontrust Asset Management Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be paid a dividend of GBX 50 ($0.63) per share. The ex-dividend date is Thursday, July 4th. This represents a yield of 6.66%. This is a positive change from Liontrust Asset Management’s previous dividend of $22.00. Liontrust Asset Management’s payout ratio is 26,666.67%.

Insiders Place Their Bets

In related news, insider John Stephen Ions bought 777 shares of the stock in a transaction dated Friday, May 3rd. The stock was bought at an average price of GBX 694 ($8.78) per share, with a total value of £5,392.38 ($6,820.62). In related news, insider Miriam Greenwood bought 2,750 shares of the stock in a transaction dated Wednesday, June 26th. The stock was bought at an average price of GBX 725 ($9.17) per share, with a total value of £19,937.50 ($25,218.19). Also, insider John Stephen Ions bought 777 shares of the stock in a transaction dated Friday, May 3rd. The stock was bought at an average cost of GBX 694 ($8.78) per share, with a total value of £5,392.38 ($6,820.62). Corporate insiders own 12.17% 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.