Liontrust Asset Management PLC (LON:LIO) Declares Dividend of GBX 50

Liontrust Asset Management PLC (LON:LIO) announced a dividend on Wednesday, June 26th, Upcoming.Co.Uk reports. Investors of record on Thursday, July 4th will be paid a dividend of GBX 50 ($0.63) per share on Friday, August 9th. This represents a dividend yield of 6.66%. The ex-dividend date is Thursday, July 4th. This is a boost from Liontrust Asset Management’s previous dividend of $22.00. The official announcement can be seen at this link.

Liontrust Asset Management Price Performance

Liontrust Asset Management stock opened at GBX 672 ($8.50) on Wednesday. The stock’s fifty day moving average price is GBX 745.28 and its two-hundred day moving average price is GBX 672.04. The firm has a market cap of £428.67 million, a PE ratio of 2,455.56, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35. Liontrust Asset Management has a one year low of GBX 519 ($6.56) and a one year high of GBX 865 ($10.94).

Insider Transactions at Liontrust Asset Management

In related news, insider Miriam Greenwood purchased 2,750 shares of Liontrust Asset Management stock in a transaction dated Wednesday, June 26th. The shares were bought at an average cost of GBX 725 ($9.17) per share, for a total transaction of £19,937.50 ($25,218.19). In other news, insider John Stephen Ions purchased 777 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were purchased at an average cost of GBX 694 ($8.78) per share, with a total value of £5,392.38 ($6,820.62). Also, insider Miriam Greenwood purchased 2,750 shares of Liontrust Asset Management stock in a transaction dated Wednesday, June 26th. The shares were purchased at an average price of GBX 725 ($9.17) per share, for a total transaction of £19,937.50 ($25,218.19). Company insiders own 12.17% of the company’s stock.

Analyst Upgrades and Downgrades

LIO has been the topic of several recent analyst reports. Berenberg Bank reissued a “hold” rating and issued a GBX 750 ($9.49) target price on shares of Liontrust Asset Management in a report on Wednesday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 600 ($7.59) price objective on shares of Liontrust Asset Management in a research note on Thursday, June 27th. Finally, Barclays downgraded Liontrust Asset Management to an “equal weight” rating and set a GBX 760 ($9.61) target price on the stock. in a report on Thursday, April 11th.

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.