Liontrust Asset Management (LON:LIO) Issues Quarterly Earnings Results

Liontrust Asset Management (LON:LIO) posted its quarterly earnings data on Wednesday. The company reported GBX 15.40 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The business had revenue of £134.38 million during the quarter. Liontrust Asset Management had a return on equity of 10.12% and a net margin of 8.31%.

Liontrust Asset Management Price Performance

Shares of Liontrust Asset Management stock 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 stock’s 50-day simple moving average is GBX 283.21 and its 200-day simple moving average is GBX 262.80. The company has a market capitalization of £197.30 million, a price-to-earnings ratio of 16.48, a PEG ratio of -1.70 and a beta of 1.45.

Insider Buying and Selling

In other Liontrust Asset Management news, insider Vinay Kumar Abrol purchased 2,043 shares of Liontrust Asset Management stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average price of GBX 264 per share, for a total transaction of £5,393.52. Also, insider John Stephen Ions bought 2,043 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. In the last ninety days, insiders acquired 247,401 shares of company stock worth $66,043,809. Corporate insiders own 9.49% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on LIO shares. Berenberg Bank lifted their price objective on Liontrust Asset Management from GBX 270 to GBX 410 and gave the company a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Liontrust Asset Management from GBX 170 to GBX 190 and gave the company a “sell” rating in a report on Wednesday, June 3rd. Finally, Royal Bank Of Canada lowered their target price on 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 equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of GBX 354.

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.