Liontrust Asset Management’s (LIO) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Liontrust Asset Management (LON:LIO) in a report published on Friday, Marketbeat reports. The brokerage currently has a GBX 500 ($6.30) price objective on the stock.

Separately, Berenberg Bank reduced their price target on shares of Liontrust Asset Management from GBX 215 ($2.71) to GBX 195 ($2.46) and set a “hold” rating for the company in a research report on Wednesday, November 20th.

Liontrust Asset Management Price Performance

LON LIO opened at GBX 460 ($5.79) on Friday. The company has a 50 day simple moving average of GBX 497.66 and a 200-day simple moving average of GBX 620.89. 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 firm has a market capitalization of £293.99 million, a price-to-earnings ratio of -9,200.00, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a 52-week low of GBX 400 ($5.04) and a 52-week high of GBX 865 ($10.89).

Liontrust Asset Management Cuts Dividend

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

Insider Activity at Liontrust Asset Management

In related news, insider Vinay Kumar Abrol purchased 50,000 shares of the stock in a transaction on Thursday, November 21st. The shares were bought at an average price of GBX 454 ($5.72) per share, for a total transaction of £227,000 ($285,858.20). 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.