16,150 Shares in Lloyds Banking Group plc (NYSE:LYG) Acquired by Catalina Capital Group LLC

Catalina Capital Group LLC purchased a new position in shares of Lloyds Banking Group plc (NYSE:LYGFree Report) during the first quarter, HoldingsChannel reports. The firm purchased 16,150 shares of the financial services provider’s stock, valued at approximately $42,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Callan Capital LLC raised its stake in shares of Lloyds Banking Group by 28.1% in the first quarter. Callan Capital LLC now owns 51,918 shares of the financial services provider’s stock worth $134,000 after purchasing an additional 11,391 shares during the last quarter. Janney Capital Management LLC raised its stake in shares of Lloyds Banking Group by 2.0% in the first quarter. Janney Capital Management LLC now owns 5,024,685 shares of the financial services provider’s stock worth $13,014,000 after purchasing an additional 100,660 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Lloyds Banking Group by 19.3% in the first quarter. Janney Montgomery Scott LLC now owns 266,603 shares of the financial services provider’s stock worth $691,000 after purchasing an additional 43,150 shares during the last quarter. Prosperity Consulting Group LLC raised its stake in shares of Lloyds Banking Group by 86.5% in the first quarter. Prosperity Consulting Group LLC now owns 87,958 shares of the financial services provider’s stock worth $228,000 after purchasing an additional 40,783 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Lloyds Banking Group in the first quarter worth approximately $87,000. 2.15% of the stock is owned by institutional investors and hedge funds.

Lloyds Banking Group Stock Performance

Shares of Lloyds Banking Group stock traded up $0.02 during trading hours on Wednesday, reaching $2.96. The company had a trading volume of 7,485,231 shares, compared to its average volume of 9,087,077. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.48 and a quick ratio of 1.48. Lloyds Banking Group plc has a one year low of $1.88 and a one year high of $3.02. The firm has a market cap of $46.53 billion, a PE ratio of 7.76, a price-to-earnings-growth ratio of 1.27 and a beta of 1.35. The business has a fifty day simple moving average of $2.77 and a 200 day simple moving average of $2.51.

Lloyds Banking Group (NYSE:LYGGet Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. Lloyds Banking Group had a return on equity of 10.35% and a net margin of 13.41%. The company had revenue of $14.35 billion for the quarter. On average, analysts anticipate that Lloyds Banking Group plc will post 0.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on LYG shares. Deutsche Bank Aktiengesellschaft started coverage on Lloyds Banking Group in a report on Thursday, May 9th. They issued a “buy” rating for the company. Bank of America raised Lloyds Banking Group from a “neutral” rating to a “buy” rating in a report on Thursday, March 21st. BNP Paribas raised Lloyds Banking Group from a “neutral” rating to an “outperform” rating in a report on Friday, July 5th. Finally, Berenberg Bank started coverage on Lloyds Banking Group in a report on Thursday, April 25th. They issued a “hold” rating and a $2.75 target price for the company. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Lloyds Banking Group has a consensus rating of “Moderate Buy” and an average price target of $44.25.

Check Out Our Latest Analysis on LYG

Lloyds Banking Group Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Lloyds Banking Group (NYSE:LYG)

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