Liontrust Asset Management (LON:LIO) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Liontrust Asset Management PLC (LON:LIO)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 261.94 and traded as high as GBX 306.50. Liontrust Asset Management shares last traded at GBX 300.18, with a volume of 293,688 shares traded.

Analysts Set New Price Targets

A number of research firms have recently commented on LIO. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 270 price target on shares of Liontrust Asset Management in a report on Wednesday, April 22nd. Royal Bank Of Canada decreased their price objective on Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating on the stock in a research note on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Liontrust Asset Management from GBX 170 to GBX 190 and gave the stock a “sell” rating in a report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 326.

Liontrust Asset Management Trading Down 0.7%

The firm’s 50 day moving average is GBX 281.23 and its 200 day moving average is GBX 262.21. The company has a market cap of £180.26 million, a PE ratio of 15.06, a PEG ratio of -1.70 and a beta of 1.45. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.35 and a quick ratio of 1.35.

Insider Buying and Selling at Liontrust Asset Management

In other news, insider John Stephen Ions sold 215,041 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of GBX 267, for a total value of £574,159.47. Also, insider Vinay Kumar Abrol acquired 2,043 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. Over the last three months, insiders acquired 247,401 shares of company stock valued at $66,043,809. Insiders own 9.49% of the company’s stock.

About Liontrust Asset Management

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.