Liontrust Asset Management (LON:LIO) Releases Earnings Results

Liontrust Asset Management (LON:LIOGet Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX 15.40 EPS for the quarter, Digital Look Earnings reports. Liontrust Asset Management had a return on equity of 10.12% and a net margin of 8.31%.The firm had revenue of £134.38 million for the quarter.

Liontrust Asset Management Trading Up 12.2%

Shares of LON:LIO opened at GBX 330 on Wednesday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.76. Liontrust Asset Management has a 52-week low of GBX 221.88 and a 52-week high of GBX 419.50. The business has a 50-day moving average price of GBX 283.21 and a 200-day moving average price of GBX 262.80. The stock has a market cap of £197.30 million, a price-to-earnings ratio of 16.48, a PEG ratio of -1.70 and a beta of 1.45.

Insiders Place Their Bets

In related news, insider Vinay Kumar Abrol acquired 2,043 shares of the stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. Also, insider John Stephen Ions sold 215,041 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of GBX 267, for a total transaction of £574,159.47. Insiders have purchased 247,401 shares of company stock valued at $66,043,809 over the last 90 days. 9.49% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on LIO. Berenberg Bank upped their target price on Liontrust Asset Management from GBX 270 to GBX 410 and gave the stock a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their target price on shares of Liontrust Asset Management from GBX 170 to GBX 190 and gave the company a “sell” rating in a research report on Wednesday, June 3rd. Finally, Royal Bank Of Canada cut their price target on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat, Liontrust Asset Management presently has a consensus rating of “Hold” and a consensus price target of GBX 354.

Get Our Latest Stock Report on LIO

About Liontrust Asset Management

(Get Free Report)

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.

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