Liontrust Asset Management PLC Announces Dividend of GBX 22 (LON:LIO)

Liontrust Asset Management PLC (LON:LIO) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 22 ($0.28) per share on Wednesday, January 8th. This represents a dividend yield of 5.28%. The ex-dividend date is Thursday, November 28th. The official announcement can be accessed at this link.

Liontrust Asset Management Price Performance

LON:LIO opened at GBX 471.98 ($5.93) on Wednesday. The business’s 50-day moving average is GBX 493.25 and its 200 day moving average is GBX 617.45. Liontrust Asset Management has a 12 month low of GBX 400 ($5.03) and a 12 month high of GBX 865 ($10.87). The company has a market capitalization of £301.64 million, a P/E ratio of -9,300.00, a P/E/G ratio of -1.70 and a beta of 1.33. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 2.40.

Insiders Place Their Bets

In related news, insider Vinay Kumar Abrol acquired 50,000 shares of the stock in a transaction dated Thursday, November 21st. The stock was acquired at an average cost of GBX 454 ($5.71) per share, with a total value of £227,000 ($285,355.12). 11.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on LIO shares. Berenberg Bank decreased their price objective on Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.45) and set a “hold” rating on the stock in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 500 ($6.29) price target on shares of Liontrust Asset Management in a research report on Friday, November 22nd.

About Liontrust Asset Management

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.