Liontrust Asset Management PLC (LIO) to Issue Dividend of GBX 22 on January 8th

Liontrust Asset Management PLC (LON:LIO) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors 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 Price Performance

Shares of Liontrust Asset Management stock opened at GBX 462.90 ($5.81) on Tuesday. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.42 and a quick ratio of 1.35. Liontrust Asset Management has a one year low of GBX 400 ($5.02) and a one year high of GBX 865 ($10.86). The business’s 50 day simple moving average is GBX 495.52 and its two-hundred day simple moving average is GBX 619.16. The stock has a market capitalization of £295.84 million, a P/E ratio of -9,440.00, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33.

Insider Buying and Selling at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol purchased 50,000 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were purchased at an average price of GBX 454 ($5.70) per share, with a total value of £227,000 ($285,104.25). Insiders own 11.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on LIO. Berenberg Bank cut their price target 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 report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 500 ($6.28) price target 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.