Liontrust Asset Management (LON:LIO) Announces Earnings Results

Liontrust Asset Management (LON:LIO) announced its quarterly earnings data on Wednesday. The company reported GBX 15.40 earnings per share 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 during the quarter.

Liontrust Asset Management Stock Performance

Shares of LIO opened at GBX 332.55 on Thursday. The company has a market cap of £198.83 million, a price-to-earnings ratio of 16.61, a P/E/G ratio of -1.70 and a beta of 1.45. The business’s fifty day simple moving average is GBX 284.87 and its two-hundred day simple moving average is GBX 263.33. Liontrust Asset Management has a 12 month low of GBX 221.88 and a 12 month high of GBX 419.50. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.76.

Analysts Set New Price Targets

Several analysts recently weighed in on LIO shares. Deutsche Bank Aktiengesellschaft lifted their price target 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. Royal Bank Of Canada dropped their target price on shares of Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating for the company in a research report on Wednesday, April 8th. Finally, Berenberg Bank boosted their price target on shares of Liontrust Asset Management from GBX 270 to GBX 410 and gave the company a “buy” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 354.

Insider Activity

In related news, insider Vinay Kumar Abrol acquired 2,043 shares of the 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 sold 215,041 shares of the firm’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of GBX 267, for a total value of £574,159.47. Insiders have acquired a total of 247,401 shares of company stock worth $66,043,809 in the last 90 days. Company insiders own 9.49% 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. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.