Vinay Kumar Abrol Acquires 50,000 Shares of Liontrust Asset Management PLC (LON:LIO) Stock

Liontrust Asset Management PLC (LON:LIO) insider Vinay Kumar Abrol bought 50,000 shares of Liontrust Asset Management stock in a transaction on Thursday, November 21st. The shares were bought at an average cost of GBX 454 ($5.74) per share, with a total value of £227,000 ($287,232.70).

Liontrust Asset Management Stock Up 8.3 %

Liontrust Asset Management stock traded up GBX 34.50 ($0.44) during mid-day trading on Thursday, hitting GBX 451 ($5.71). The company had a trading volume of 1,919,349 shares, compared to its average volume of 309,562. The stock’s 50 day moving average price is GBX 502.02 and its two-hundred day moving average price is GBX 624.41. The company has a market capitalization of £288.23 million, a PE ratio of -8,994.40, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. Liontrust Asset Management PLC has a 12 month low of GBX 400 ($5.06) and a 12 month high of GBX 865 ($10.95). 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 company 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 is Thursday, November 28th. Liontrust Asset Management’s dividend payout ratio (DPR) is presently -144,000.00%.

Analyst Ratings Changes

Separately, Berenberg Bank decreased their price target on shares of Liontrust Asset Management from GBX 215 ($2.72) to GBX 195 ($2.47) 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.