Insider Buying: Liontrust Asset Management PLC (LON:LIO) Insider Buys 50,000 Shares of Stock

Liontrust Asset Management PLC (LON:LIO) insider Vinay Kumar Abrol purchased 50,000 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were purchased 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 Liontrust Asset Management stock opened at GBX 460 ($5.77) on Friday. The stock has a fifty day simple moving average of GBX 497.66 and a 200 day simple moving average of GBX 622.07. 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 company has a market capitalization of £293.99 million, a P/E ratio of -9,200.00, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 2.40.

Liontrust Asset Management Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be paid a GBX 22 ($0.28) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 5.28%. Liontrust Asset Management’s dividend payout ratio (DPR) is presently -144,000.00%.

Wall Street Analyst Weigh In

LIO has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 500 ($6.27) price objective on shares of Liontrust Asset Management in a research note on Friday. Berenberg Bank cut their price objective on Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.44) and set a “hold” rating on the stock in a research note on Wednesday.

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.