Mondrian Investment Partners LTD Has $197.84 Million Stock Holdings in Lloyds Banking Group plc (NYSE:LYG)

Mondrian Investment Partners LTD lowered its holdings in Lloyds Banking Group plc (NYSE:LYG) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,734,284 shares of the financial services provider’s stock after selling 1,227,331 shares during the period. Lloyds Banking Group makes up about 3.4% of Mondrian Investment Partners LTD’s portfolio, making the stock its 4th largest holding. Mondrian Investment Partners LTD owned approximately 0.48% of Lloyds Banking Group worth $197,837,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LYG. Apollon Wealth Management LLC lifted its holdings in shares of Lloyds Banking Group by 2.8% during the 4th quarter. Apollon Wealth Management LLC now owns 122,641 shares of the financial services provider’s stock worth $334,000 after acquiring an additional 3,346 shares during the period. Independent Advisor Alliance increased its position in Lloyds Banking Group by 4.8% during the 4th quarter. Independent Advisor Alliance now owns 75,049 shares of the financial services provider’s stock worth $204,000 after purchasing an additional 3,420 shares in the last quarter. Brio Consultants LLC increased its position in Lloyds Banking Group by 30.2% during the 4th quarter. Brio Consultants LLC now owns 16,735 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 3,880 shares in the last quarter. Baron Wealth Management LLC increased its position in Lloyds Banking Group by 30.8% during the 3rd quarter. Baron Wealth Management LLC now owns 16,851 shares of the financial services provider’s stock worth $53,000 after purchasing an additional 3,969 shares in the last quarter. Finally, Fielder Capital Group LLC increased its position in Lloyds Banking Group by 7.7% during the 4th quarter. Fielder Capital Group LLC now owns 60,993 shares of the financial services provider’s stock worth $166,000 after purchasing an additional 4,366 shares in the last quarter. Institutional investors own 2.15% of the company’s stock.

Analysts Set New Price Targets

LYG has been the subject of a number of research analyst reports. Morgan Stanley upgraded shares of Lloyds Banking Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 4th. Keefe, Bruyette & Woods cut shares of Lloyds Banking Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $2.75.

Lloyds Banking Group Stock Down 1.5 %

LYG opened at $3.58 on Friday. Lloyds Banking Group plc has a twelve month low of $2.42 and a twelve month high of $3.91. The company has a fifty day moving average of $3.18 and a 200-day moving average of $3.00. The stock has a market cap of $54.30 billion, a PE ratio of 10.83 and a beta of 1.25.

Lloyds Banking Group (NYSE:LYG) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.03). Lloyds Banking Group had a return on equity of 8.46% and a net margin of 11.45%. The firm had revenue of $9.46 billion for the quarter, compared to analyst estimates of $4.76 billion. Sell-side analysts anticipate that Lloyds Banking Group plc will post 0.27 EPS for the current fiscal year.

Lloyds Banking Group Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, April 11th will be given a dividend of $0.1035 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from Lloyds Banking Group’s previous semi-annual dividend of $0.05. This represents a dividend yield of 4%. Lloyds Banking Group’s dividend payout ratio is 60.61%.

Lloyds Banking Group Profile

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.