Liontrust Asset Management (LON:LIO) Hits New 1-Year Low – Time to Sell?

Liontrust Asset Management PLC (LON:LIO) shares reached a new 52-week low on Monday . The company traded as low as GBX 408.50 ($4.99) and last traded at GBX 418 ($5.10), with a volume of 299527 shares changing hands. The stock had previously closed at GBX 412 ($5.03).

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on LIO shares. Berenberg Bank reduced their price objective on shares of Liontrust Asset Management from GBX 215 ($2.62) to GBX 195 ($2.38) and set a “hold” rating for the company in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 500 ($6.10) price target on shares of Liontrust Asset Management in a research report on Friday, November 22nd.

Liontrust Asset Management Price Performance

The firm has a market cap of £258.20 million, a PE ratio of -8,080.00, a PEG 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. The business has a fifty day moving average of GBX 453.87 and a 200-day moving average of GBX 542.92.

Liontrust Asset Management Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th were issued a GBX 22 ($0.27) dividend. This represents a yield of 5.28%. The ex-dividend date was Thursday, November 28th. Liontrust Asset Management’s payout ratio is -144,000.00%.

Insiders Place Their Bets

In other news, insider Vinay Kumar Abrol bought 50,000 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was acquired at an average price of GBX 454 ($5.54) per share, with a total value of £227,000 ($277,133.44). Corporate insiders own 11.90% of the company’s stock.

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.