Liontrust Asset Management (LON:LIO) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Liontrust Asset Management PLC (LON:LIO)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 309.81 and traded as low as GBX 256. Liontrust Asset Management shares last traded at GBX 257, with a volume of 532,467 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LIO. Peel Hunt restated a “buy” rating and issued a GBX 435 price target on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Royal Bank Of Canada reduced their price target on shares of Liontrust Asset Management from GBX 260 to GBX 220 and set an “underperform” rating on the stock in a research report on Thursday, January 15th. Berenberg Bank decreased their target price on shares of Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating for the company in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Liontrust Asset Management from GBX 175 to GBX 180 and gave the stock a “sell” rating in a research report on Wednesday, January 14th. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 500 price objective on shares of Liontrust Asset Management in a report on Thursday, November 20th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Liontrust Asset Management currently has an average rating of “Hold” and a consensus price target of GBX 331.

Liontrust Asset Management Trading Down 1.8%

The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 1.48. The company’s fifty day moving average is GBX 261.25 and its 200-day moving average is GBX 309.81. The firm has a market capitalization of £157.66 million, a P/E ratio of 12.61, a P/E/G ratio of -1.70 and a beta of 1.33.

Liontrust Asset Management (LON:LIO) last posted its quarterly earnings data on Thursday, November 20th. The company reported GBX 18.68 EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. As a group, sell-side analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity at Liontrust Asset Management

In other news, insider Luke Savage purchased 5,000 shares of the business’s stock in a transaction on Friday, November 21st. The stock was purchased at an average price of GBX 281 per share, with a total value of £14,050. Also, insider Vinay Kumar Abrol bought 774 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were bought at an average price of GBX 241 per share, with a total value of £1,865.34. Insiders purchased a total of 6,548 shares of company stock worth $1,778,068 in the last ninety days. 9.05% of the stock is currently owned by insiders.

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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.