Lloyds Banking Group plc (NYSE:LYG) Shares Bought by BSW Wealth Partners

BSW Wealth Partners grew its stake in Lloyds Banking Group plc (NYSE:LYG) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,939 shares of the financial services provider’s stock after purchasing an additional 4,903 shares during the quarter. BSW Wealth Partners’ holdings in Lloyds Banking Group were worth $114,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of LYG. Aletheian Wealth Advisors LLC acquired a new stake in Lloyds Banking Group during the third quarter valued at approximately $34,000. Simon Quick Advisors LLC acquired a new stake in shares of Lloyds Banking Group during the 4th quarter valued at approximately $35,000. Cerro Pacific Wealth Advisors LLC bought a new position in Lloyds Banking Group during the fourth quarter worth $37,000. Arkadios Wealth Advisors acquired a new position in Lloyds Banking Group in the third quarter worth $42,000. Finally, OneAscent Financial Services LLC bought a new stake in Lloyds Banking Group during the third quarter valued at $46,000. Institutional investors own 2.15% of the company’s stock.

Lloyds Banking Group Trading Up 0.8 %

Shares of NYSE:LYG opened at $3.09 on Friday. The firm’s 50 day moving average is $2.76 and its two-hundred day moving average is $2.91. The firm has a market capitalization of $46.75 billion, a P/E ratio of 7.91 and a beta of 1.31. Lloyds Banking Group plc has a 52 week low of $2.00 and a 52 week high of $3.24.

Analyst Upgrades and Downgrades

LYG has been the subject of several research reports. Morgan Stanley lowered shares of Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 30th. The Goldman Sachs Group began coverage on Lloyds Banking Group in a report on Friday, October 4th. They set a “neutral” rating for the company. Seven research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $2.75.

About Lloyds Banking Group

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.