Liontrust Asset Management (LON:LIO) Reaches New 52-Week Low – Here’s Why

Liontrust Asset Management PLC (LON:LIO) reached a new 52-week low on Monday . The stock traded as low as GBX 408.50 ($4.99) and last traded at GBX 418 ($5.10), with a volume of 299527 shares. The stock had previously closed at GBX 412 ($5.03).

Analyst Ratings Changes

LIO has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 500 ($6.10) price target on shares of Liontrust Asset Management in a report on Friday, November 22nd. Berenberg Bank reduced their price objective on shares of Liontrust Asset Management from GBX 215 ($2.62) to GBX 195 ($2.38) and set a “hold” rating on the stock in a research note on Wednesday, November 20th.

Liontrust Asset Management Stock Performance

The firm has a market capitalization of £267.14 million, a PE ratio of -8,360.00, a P/E/G ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.42 and a quick ratio of 1.35. The company’s fifty day simple moving average is GBX 456.19 and its 200 day simple moving average is GBX 547.52.

Liontrust Asset Management Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, January 8th. Investors of record on Thursday, November 28th were issued a dividend of GBX 22 ($0.27) per share. This represents a yield of 5.28%. The ex-dividend date of this dividend was Thursday, November 28th. Liontrust Asset Management’s dividend payout ratio (DPR) is presently -144,000.00%.

Insider Buying and Selling at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol bought 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were bought at an average cost of GBX 454 ($5.54) per share, with a total value of £227,000 ($277,133.44). Insiders own 11.90% 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.