Insider Buying: Liontrust Asset Management PLC (LON:LIO) Insider Buys £227,000 in Stock

Liontrust Asset Management PLC (LON:LIO) insider Vinay Kumar Abrol purchased 50,000 shares of the stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of GBX 454 ($5.69) per share, for a total transaction of £227,000 ($284,568.13).

Liontrust Asset Management Trading Up 2.0 %

Shares of LON:LIO opened at GBX 460 ($5.77) on Friday. Liontrust Asset Management PLC has a 12-month low of GBX 400 ($5.01) and a 12-month high of GBX 865 ($10.84). The business has a 50 day moving average of GBX 497.66 and a 200-day moving average of GBX 621.56. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 2.40. The stock has a market cap of £293.99 million, a PE ratio of -9,200.00, a P/E/G ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, January 8th. Investors of record on Thursday, November 28th will be issued a dividend of GBX 22 ($0.28) per share. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 5.28%. Liontrust Asset Management’s payout ratio is currently -144,000.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on LIO shares. Berenberg Bank reduced their target price on Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.44) and set a “hold” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 500 ($6.27) price objective on shares of Liontrust Asset Management in a research report on Friday.

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.