Liontrust Asset Management (LON:LIO) Given Hold Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Liontrust Asset Management (LON:LIO) in a research report released on Friday morning, Marketbeat reports. The firm currently has a GBX 500 ($6.27) price objective on the stock.

Separately, Berenberg Bank decreased their target price on shares of Liontrust Asset Management from GBX 215 ($2.70) to GBX 195 ($2.44) and set a “hold” rating on the stock in a research report on Wednesday.

Liontrust Asset Management Price Performance

LON:LIO opened at GBX 460 ($5.77) on Friday. Liontrust Asset Management has a 12-month low of GBX 400 ($5.01) and a 12-month high of GBX 865 ($10.84). The firm has a market cap of £293.99 million, a price-to-earnings ratio of -9,200.00, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company’s 50-day moving average is GBX 497.66 and its two-hundred day moving average is GBX 622.07. The company has a current ratio of 1.42, a quick ratio of 1.35 and a debt-to-equity ratio of 2.40.

Liontrust Asset Management Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be issued a GBX 22 ($0.28) dividend. This represents a yield of 5.28%. The ex-dividend date is Thursday, November 28th. Liontrust Asset Management’s dividend payout ratio (DPR) is -144,000.00%.

Insider Activity

In related news, insider Vinay Kumar Abrol acquired 50,000 shares of the stock in a transaction dated Thursday, November 21st. The stock was bought at an average cost of GBX 454 ($5.69) per share, with a total value of £227,000 ($284,568.13). Corporate insiders own 11.90% of the company’s stock.

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.