Liontrust Asset Management’s (LIO) “Hold” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their hold rating on shares of Liontrust Asset Management (LON:LIO) in a research note published on Friday, Digital Look reports. They currently have a GBX 170 ($2.09) price target on the stock.

Liontrust Asset Management Price Performance

LON LIO traded down GBX 5.50 ($0.07) during trading hours on Friday, reaching GBX 601 ($7.38). The company’s stock had a trading volume of 196,567 shares, compared to its average volume of 263,877. The firm has a market capitalization of £390.29 million, a price-to-earnings ratio of 2,225.93, a P/E/G ratio of -1.70 and a beta of 1.30. The company’s 50-day moving average is GBX 579.50 and its two-hundred day moving average is GBX 662.36. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.35. Liontrust Asset Management has a 1-year low of GBX 519 ($6.37) and a 1-year high of GBX 1,300 ($15.96).

Liontrust Asset Management Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, January 5th. Stockholders of record on Thursday, November 23rd will be given a GBX 22 ($0.27) dividend. The ex-dividend date is Thursday, November 23rd. This represents a dividend yield of 3.65%. Liontrust Asset Management’s dividend payout ratio (DPR) is presently 26,666.67%.

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.