Liontrust Asset Management PLC Declares Dividend of GBX 22 (LON:LIO)

Liontrust Asset Management PLC (LON:LIO) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 22 ($0.28) per share on Wednesday, January 8th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Thursday, November 28th. The official announcement can be seen at this link.

Liontrust Asset Management Stock Down 1.9 %

LIO opened at GBX 462.90 ($5.81) on Tuesday. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 2.40. Liontrust Asset Management has a 52 week low of GBX 400 ($5.02) and a 52 week high of GBX 865 ($10.86). The firm has a 50-day simple moving average of GBX 495.52 and a two-hundred day simple moving average of GBX 619.16. The company has a market capitalization of £295.84 million, a PE ratio of -9,440.00, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33.

Insider Buying and Selling

In other news, insider Vinay Kumar Abrol bought 50,000 shares of the stock in a transaction on Thursday, November 21st. The stock was bought at an average cost of GBX 454 ($5.70) per share, for a total transaction of £227,000 ($285,104.25). 11.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on LIO shares. Berenberg Bank cut their price objective on shares of Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.45) and set a “hold” rating on the stock in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 500 ($6.28) price target on shares of Liontrust Asset Management in a research note on Friday.

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.