Insider Buying: Liontrust Asset Management PLC (LON:LIO) Insider Acquires £50,000 in Stock

Liontrust Asset Management PLC (LON:LIO) insider John Stephen Ions purchased 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was bought at an average price of GBX 400 ($4.99) per share, with a total value of £50,000 ($62,429.77).

Liontrust Asset Management Stock Performance

Shares of LON LIO opened at GBX 426.50 ($5.33) on Friday. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 2.40. The firm’s 50-day moving average price is GBX 449.91 and its two-hundred day moving average price is GBX 530.06. Liontrust Asset Management PLC has a 52-week low of GBX 381.98 ($4.77) and a 52-week high of GBX 865 ($10.80). The stock has a market capitalization of £272.58 million, a P/E ratio of -8,530.00, a P/E/G ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO) last announced its quarterly earnings results on Thursday, November 21st. The company reported GBX 30.28 ($0.38) earnings per share (EPS) for the quarter. Liontrust Asset Management had a negative return on equity of 1.78% and a negative net margin of 1.76%. As a group, sell-side analysts forecast that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.

Liontrust Asset Management Cuts Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on LIO shares. Berenberg Bank cut their price objective on Liontrust Asset Management from GBX 215 ($2.68) to GBX 195 ($2.43) and set a “hold” rating on the stock in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 500 ($6.24) price objective on shares of Liontrust Asset Management in a 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.