Deutsche Bank Aktiengesellschaft Reaffirms “Sell” Rating for Liontrust Asset Management (LON:LIO)

Deutsche Bank Aktiengesellschaft restated their sell rating on shares of Liontrust Asset Management (LON:LIO) in a research report report published on Thursday, MarketBeat Ratings reports. They currently have a GBX 600 ($7.61) target price on the stock.

A number of other analysts have also recently weighed in on LIO. Berenberg Bank restated a hold rating and set a GBX 750 ($9.51) target price on shares of Liontrust Asset Management in a report on Wednesday, April 17th. Barclays lowered Liontrust Asset Management to an equal weight rating and set a GBX 760 ($9.64) price objective for the company. in a research note on Thursday, April 11th.

Liontrust Asset Management Stock Performance

LON:LIO opened at GBX 685 ($8.69) on Thursday. The company has a 50-day moving average of GBX 745.30 and a 200-day moving average of GBX 670.17. The firm has a market cap of £436.96 million, a price-to-earnings ratio of 2,537.04, a price-to-earnings-growth ratio of -1.70 and a beta of 1.26. The company has a current ratio of 1.50, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. Liontrust Asset Management has a twelve month low of GBX 519 ($6.58) and a twelve month high of GBX 865 ($10.97).

Liontrust Asset Management Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 4th will be given a GBX 50 ($0.63) dividend. This is an increase from Liontrust Asset Management’s previous dividend of $22.00. This represents a dividend yield of 6.66%. The ex-dividend date of this dividend is Thursday, July 4th. Liontrust Asset Management’s dividend payout ratio (DPR) is 26,666.67%.

Insider Activity at Liontrust Asset Management

In other news, insider John Stephen Ions acquired 777 shares of the stock in a transaction on Friday, May 3rd. The shares were purchased at an average cost of GBX 694 ($8.80) per share, for a total transaction of £5,392.38 ($6,840.52). In other Liontrust Asset Management news, insider John Stephen Ions acquired 777 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was purchased at an average cost of GBX 694 ($8.80) per share, for a total transaction of £5,392.38 ($6,840.52). Also, insider Miriam Greenwood bought 2,750 shares of the stock in a transaction on Wednesday, June 26th. The shares were acquired at an average cost of GBX 725 ($9.20) per share, for a total transaction of £19,937.50 ($25,291.77). 12.17% of the stock is owned by insiders.

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.